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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Message: Doesn't sound good

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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