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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: What are the markets saying? You be the judge.

What are the markets saying? You be the judge.

posted on Aug 31, 2008 05:49PM

Ok, for a stock to be in play there must market action (buyers buying or sellers selling) placed upon it. So, a quick glance can tell one whether or not a stock has the attention of the buyers (not interested in sellers with KRY) in the markets: was the stock in the top % gainers and was the stock in the top % overall market activitiy by volume. (see the details at end of post)

Well what did we find out: You quessed it KRY was with in the top ten on both which indicates it does have the attention of some buyers in the markets and thus the reason why the SP appreciated in value; more aggressive buyers pushing the price up. Investors want in. Investors either know something or are speculating / gambling on something which is expected to happen particularly when we are talking about KRY.

Next week should, I repeat should, be positive as the markets are expecting something, unless we get another distraction to the downside, which as we all know is not impossible when we remember we are in VZ. OK, enought negative, but I am tired of getting kicked in the jewels and I guess I am preparing myself for any kind of unknown negative only because of previous precedent which sent our SP down. Be prepared for both the positive and the negative, but expect/hope for the former.

Alright , back to the positive, the markets are signalling a positive event which is yet to come as our trend is up (note the trend was down when we got the last negative surprise from Ortega suggesting the market was pricing the event in as someone knew it was coming - no surprises - just a gap down open and slap in the face for most retail holders) suggesting a good news event is about to happen. The real question now is when will it come! It is extremely long overdue, (not for those who just entered positions as those investors will be rewarding very handsomely) and will bring vindication for the long term holders. I hope we are very close and it occurs in the next couple of weeks.

TSX Top % Gainers Free Annual Reports

Last updated: Aug 29, 2008 16:59 EST
SymbolCompany NameLastChange% ChangeVolume
RS RESIN SYSTEMS INC COM NPV 0.80 +0.18 +29.03% 99,200
EUR EURO RESSOURCES SA EUR0.01 1.80 +0.40 +28.57% 36,950
HSL HSE INTEGRATED LTD COM NPV 0.95 +0.20 +26.67% 3,000
BAN BANNERMAN RES LTD (THE CO) 0.82 +0.17 +26.15% 17,100
ATG ATLANTA GOLD INC COM NPV 0.70 +0.12 +20.69% 20,000
BT.UN BONNETTS ENERGY S TRUST UNITS 3.14 +0.53 +20.31% 21,638
ECH ENERCHEM INTL COM NPV 1.79 +0.29 +19.33% 2,400
GRZ GOLD RESERVE INC CLASS'A'COM NP 1.99 +0.31 +18.45% 129,725
KRY CRYSTALLEX INTL COM NPV 1.39 +0.21 +17.80% 2,740,804
TSX Most Active by Volume Free Annual Reports

Last updated: Aug 29, 2008 16:59 EST
SymbolCompany NameLastChange% ChangeVolume
BBD.B BOMBARDIER INC CLASS'B'S/VTG NP 8.25 +0.28 +3.51% 13,165,235
PTC PETAQUILLA COPPER LTD (THE CO) 2.17 -0.01 -0.46% 11,577,295
UUU Uranium One Inc 4.55 +0.24 +5.57% 9,651,452
RY ROYAL BK OF CANADA COM NPV 48.75 +0.62 +1.29% 4,143,169
ELR EASTERN PLATINUM COM NPV 1.57 0.00 0.00% 3,757,001
K KINROSS GOLD CORP COM NPV 17.50 -0.26 -1.46% 3,514,603
IVN IVANHOE MINES COM NPV 11.95 -0.13 -1.08% 3,206,988
YRI YAMANA GOLD INC COM NPV 11.53 +0.07 +0.61% 2,856,961
MFC MANULIFE FINL CORP COM NPV 38.11 +0.21 +0.55% 2,805,026
KRY CRYSTALLEX INTL COM NPV 1.39 +0.21 +17.80% 2,740,804
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