Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

Color me pessimistic. The new investors hold ALL the trumps. Without them there is no chance even to complete the arbitration case. The stockholders are a source of sizeable wealth: our part of an arbitration settlement. The new investors can up the ante for their take--to 100%, and it looks to me that's what they're doing. Business is business. The bottom line is everything.

Almost 5 million shares so far today have been traded. No one selling is making a nickel from their buy-in price. This is panic selling. If the news was good, the SP would be skyrocketing, but it is hardly doing that.

For a Christmas present to myself, I'll write off my KRY investment as a tax loss and go on to other things.

Sorry, folks, this is my take.

Lope

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Lopezian
City
Lopez Island, Washington
Rank
Treasurer
Activity Points
358
Rating
Your Rating
Date Joined
10/21/2010
Social Links
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Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
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