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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: Avalon who wrote (9565)	7/31/1998 11:32:00 PM
From: charred	Respond to of 10836

Avalon, I didn't say bring Sadek and Riccio on the board. What is their experience? I believe a few engineers that have something at risk should be there. That is my opinion. As for the dilution, what are management's plans to increase production? They will need capital. They can use the cash they have or finance the expansion by dilution or debt. The production figure you talk about can only happen if more reserves can be found. At the moment they have 300 k ounces. At the most 15 to 20 K ounces a year. The 5000 hectares that you talk about is only land. Who cares. The can't be done statement means that with their current assets, they can't do it. A 150,000 ounce producer that makes money is not going to fall in KRY's lap without paying for it. Lets wait and see.