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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: kry & grz selloff

kry & grz selloff

posted on Apr 23, 2008 11:04PM

Both kry & grz have sold off over the last 2 weeks in an almost identical downward move. Putting a 5min volume chart on both reveals heavy selling on close - obviously to keep the close PPS down. What could the reason that both kry & grz(lc & lb) would have selling pressure over a extended period(2 weeks) during the same time frame while hecla & rusoro have been fairly constant? The only logical answer is that there is a manipulation to keep the PPS down for both stocks leading to a buyout at a lower PPS. With ownership of shares at 30% institutional, 5-10%insider - that leaves us with 50+% ownership. It would seem that a buyout would need to come thru US. This laddering down of PPS is a manipulated process by the COMPANY who is looking to take over both mines upon permit approvals. And whoever it is they have already greased the skids with hugo so that his retirement fund is well compensated. Hold the Line as in the Patriot.

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