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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: Re: Crystallex Comments on Market Activity...
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Nov 16, 2009 04:28PM

"I think those that have thoughts of selling will be kicking themselves later but to each their own. USD 2 billion / 2 for a sooner deal than arbitration = USD 2.50 - 3.00 target in my mind."

Teut I agree. If you take the average price on both exchanges today you have approx $10-12M that traded hands today with the majority on the buy side. I really don't think you would see that kind of money pour in unless there was a very big upside as you suggest. You definitely wouldn't see that kind of money just hoping for .10-.20 pop.

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