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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: Gold

Re: Gold

posted on Apr 23, 2008 03:12PM

GRZ made a new 52w low yesterday and again today. KRY is just a mere .13 above its 52 week low and to be honest I think at this point we will see it at least tested before we go up.

But what has changed with GRZ? With KRY? Nothing. When fundamentals or a catayst situation diverge from price it is a time to buy and be patient. We have more positive movements re: permit than we did when KRY was valued much higher and gold was much lower. Eventually this will equalize out.

If you do not believe the catalyst/fundamentals present a reward/risk that is acceptable, then you should sell. Otherwise, hang on and try to use the movement to offset losses.

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