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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: Currency exchange

Currency exchange

posted on Oct 25, 2008 12:31PM

The dollar should turn soon. CNBC Bubbleheads are starting to talk about the trillions of US Dollars being printed and deflation turning to inflation soon.

All aspects of events are accelerated beyond belief. The Canadian dollar has declined approximately 17% this month to the USD. I attribute this to the sp decline. The Amex drives the sp. If you Canadians on the TSX would pick up the buying volume we would move up:) (kidding). We should have bounced off of .65 USD and went back to $1.17ish waiting for the permit.

As GW and CJR continually remind us, Gold will be recognized publicly as King soon. The truth can only be held down for a little while longer.

As far as the share options in front of us, I am to the point of who cares? Many things are unclear with this management team but many things are very positive too. Fung will deliver soon. (I hate the term soon, but the definition is in the eyes of the beholder. My definition is days to weeks, not months.) The delivery may be outside the box of current thinking but deliver the "best" deal he can considering the circumstances in Venezuela.

IMO.



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