The new "report" is dated August 11, 2008. What a complete joke...

Maybach Financial requested an analyst opinion on Crystallex International Corporation on August 07th, 2008 on Marketwire, which was completed from one of our partnered Analysts on August 11th, 2008.

Exchange : American Exchange

Symbol : KRY

Previous Close : $ 0.75

Website : www.crystallex.com

Company Description:

Crystallex International Corporation, together with its subsidiaries, engages in the exploration, development, mining, production, and processing of gold in Venezuela. The company owns interests in the Las Cristinas project comprising proven and probable reserves of approximately 16.86 million ounces of gold, located in Sifontes Municipality in Bolivar State, Venezuela. It also has interests in Tomi operations, the Lo Increible properties, and the Revemin mill located in Bolivar State, Venezuela.

6 Months Chart:

Company Analysis:

July 24, Crystallex International said the Chavez Government has urged the minister to reconsider the decision of banning the company's mining operations at the Las Cristinas mine, if Crystallex agreed to discuss certain modifications including: 1) Further optimizing the social projects in the area, 2) Mitigating the impact of open vein deposit mining in the currently affected areas of the Imacata and 3) Improving the remediation plans at the end of mine life as well as to remediate the existing environmental damage caused by the illegal miners who have worked in the area.

Analyst Opinion:

It looks like the government is supportive for Crystallex. The uncertainty remains as for when the mining can really restart, but we are seeing more and more hopes. As the country's largest gold deposit, the Las Cristinas project represents an excellent growth opportunity if brought back to live. We are maintaining our neutral opinion pending additional clarity on this issue.

Analyst Opinion Completed By : Lili Zhang

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