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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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Message: Re: Crystallex Reports Q1 2010 Financial Results...

Midazinvz, that is what I was alluding to a couple days ago when discussing our upward share price move. The rise in share price can't be tied to people entering the gold market because gold is soaring. They would be buying a different company with a cleaner balance sheet.

So why the move? Someone or some company is buying and driving the price up because they believe Kry will be going higher. To know that you have to have information telling you Kry isn't going broke and that something good will happen to move the LC project forward.

That is probably our potential strategic investor. They wouldn't have given us 2.5 million with knowing they would recoup it. This investor (Chinese IMHO) is buying on the open market because they know the price of becoming a strategic investor is higher than our current price. They also know that when they become an investor the permit will be in hand and our price will soar.

The part with Kry stating we don't have enough cash to finish the year is prudent on Fungs part given the lawsuits brought because of broken promises of the permit. It doesn't matter that we find the money unless they can say where it is coming from. Since they can't say that right now they have to give the facts.

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