Crystallex International Corp fka KRY

[CTigerHDragon]

Canada has advised Venezuela that it intends to sue them in International Tribunal over the KRY case if no settlement is reached within 6 months. One poster thought it could open the door to some re-negotiation of the deal between KRY and VZ and that would be a good solution in my opinion. If not then .... who knows what INSANITY lurks down there in the Chavez collapse of Veneszuela. 6 month remain officially for a "amiable" settlement (like granting the permit or whatever).

So this made the price go up on Friday???
Maybe it is the "start" of the final "negotiation" in their minds???

I say that KRY should give MORE to the locals.... so far they have done the minimum which is cheesey. They will get multiple BILLIONS and they build a few huts in return. Being penny wise and dollar stupid and greedy is not the way KRY should be playing this (but typical of big business).


This is just a non-informed update on what others post on other boards.
imho