My reality checkup

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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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hondobud

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My reality checkup

posted on Oct 17, 2008 01:09PM

Well looks like another great day here at KRY central.

Before I start- I figured I am in so deep at this point .40 looked good so I bought some more. (hot dang! I am already up 2.5% in AH)

What I considered:

PRO: SP .40, Price of oil dropping & Chavez's need for cash, upcomming elections, upside potential, possible uprising or coop to replace Chavez, my PPS basis and of course, greed.

CON: new lows, low sentimnet/volume, market turmoil, possibility of further lengthy delay for mining law / study to combine projects-feasibility, enviromental smokescreen? and of course, greed.

No Affect: The miners complaining, striking or settling- looks like it just doesen't matter.

Well I'm down to just a little over one dollar average PPS, and at this point break even sounds pretty good, but still hoping for better than that.