CRYSTALLEX INTL CORP COM (fka CRYFQ)

[Curse]

A couple of things. Although the cases are similar, GRZ had a concession vs a contract for CRY. one could argue the merits of each, my view is GRZ is on much stronger ground but I believe both cases are winners. Worst case GRZ loses and many will view it as game over for CRY. Another bad out come is GRZ only recovers what they have spent on mine. That would be ok for GRZ shareholders but would leave CRY in a poor position as recovering $500 million in monies spent will not go far.


I think GRZ management thinks their case is so strong they will not settle unless the offer is very good and yes I think they are still talking to VZ about terms. I think VZ is talking to CRY as well.

a good GRZ win or settlement will boost CRY sp. A caprilles win is a longshot but sp would double. And maybe Maduro who does not have the charm of hugo will have to actually let CiTIC pay off both GRZ and CRY to get mines going.