Re: What market is telling us?

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

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brundoggie

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Re: What market is telling us?

in response to

What market is telling us?

bullrun23

posted on Sep 01, 2011 12:43PM

Bullrun

I don't think both companies are in the same position. Gold Reserve has some cash flow and liquid assets, Crystallex does not. The arbitrations may be similar but I think the fact that Gold Reserve may not have to get financing to clear out a bond position and has less of a float are the bigger reasons for the SP difference.

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