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


To: Avalon who wrote (9588)8/3/1998 3:12:00 PM
From: Jerry Collins  Read Replies (1) | Respond to of 10836
 
Av -- It's good to see you back in high spirits after that vicious rear-ending you took in Toronto. It seemed to have taken a lot out of you. Did you have to go to hospital for treatment, or did the police just take a statement?

Your comments to me are vintage Avalon -- full of vim, vinegar and youthful exuberance:

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"PS. Jer...why not try reading "Fleecing the Lamb" if Diane Francis does not return your call...she covers Brown quite well in there...LOL..ROTFL..LOL...no wonder you think they are outstanding businessmen...they are just like you...SLIME....ROTFLMAO..at YOU."

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My first comment is that if you are going to recommend someone read a book, you should try reading it yourself first. Fleecing the Lamb was by David Cruise and Alison Griffiths, not Diane Francis.

Second, Messrs McDonald and Brown are indeed outstanding businessmen. They are at or near the top of the Vancouver securities industry, and isn't that where many (such as yourself) would like to be? You'd rather be a big wheel in Vancouver as a winning broker or promoter than a mere cog in the big faceless (and nameless) Toronto trust company. Clients and customers at these offices can be so . . . tiring. And, were you to come out to the coast, you would be able put to use all that talent of yours to really make a mark on the local scene.

And you don't have to live in Vancouver, if that's not your kind of place. Victoria's very nice, where many worthy players hang their both their hats and their keyboards. Great fishing, some good micro-breweries, and Patrick Souami recommends the library.

Indeed, as you say of Messrs McDonald and Brown, they have had some challenges -- both personal and professional -- in their time. But let's not be too harsh. Haven't we all, to varying degrees, had our own challenges?

Challenges is what Crystallex has faced month after month, year after year, and it's still a good stock, with many talented and honourable people behind it. KRY faced the challenge of a congressional inquiry in 1994. And while the government decided to removed the four Carabobo properties from KRY after that congressional committee implicated the company in all kinds of hair-raising events such as beatings, bullying, a disappearance, bribes and whatnot, isn't KRY still out in front taking the high road all the way?

Sure it is! And so are Messrs Brown and McDonald.

Furthermore, wasn't it you who said the Carabobo affair was ancient history. "I'm looking to the future," you told us.

Outstanding company, outstanding businessmen.

Brown and McDonald for the KRY board!


Jerry Collins
CSW

PS -- Interesting that Marc Oppenheimer came out with that 150,000 ounce figure in October last year. What's more interesting is that he doesn't seem to have elaborated since then on exactly how he'll get there. He didn't mention it at the AGM this year, but did say the company's ambition to reach 45,000 ounces of production (only at Albino, according to Avalon).

So we're still in a situation where someone says "I'm going to produce 150k of gold." In the absence of a means to get there, it's still just talk -- and by the looks of it, once-only talk.

But Avalon has hinted he knows something about KRY's plans for mergers and acquisitions ... Details, man, details!

JC