Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Hub Home

> Log In

Demo Video
Private Messages
Edit My Profile
View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

Aim to develop and manufacture the best technology graphite in the world
Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More | *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR

Message: Question regarding Manipulation

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

Teutracker

Rank: [?]

President

Points: [?]

3931

Rating: [?]

Votes: 85 Score: 3.5

Currently 3.5/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Question regarding Manipulation

in response to Re: Question regarding Manipulation by hondobud

posted on Oct 08, 09 04:30PM

Hi hondobud

We have been advised that KRY is 'engaged in a process' however I haven't heard or seen anything yet that convinced me that any negotiations involve the Venezuelan Government. I would suggest to you that the process is one of due diligence and structuring of the JV. The JV is the only process that I can think of that avoids arbitration and allows Venezuela to award the permit to an acceptable entity. The new company, controlled by the new JV partner will allow for resolution. In my view a deal has been struck and is in the process of getting structured.

The average options strike price is CAD 2.00 so any resolution will be priced with that in mind. I'm not to concerned about the USD 25 cents each day. As sellers sell into the bid they pass their shares to stronger hands.

Cheers

Teutracker

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »