Welcome to the Crystallex HUB on AGORACOM

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: Just great...
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Jul 20, 2010 08:43AM
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Jul 20, 2010 09:15AM

If Chavez could have sacked us in any legal way, he would have done so years ago...he may not like us, but we have an iron clad MOC, have astutely followed Venezuela's every single request and left no cracks to drive any wedges in. So he stalled. Then after bragging that Venezuela was insulated from the largest worldwide financial scam to ever be perpetrated on mankind, his economy went down the tube. Now China is running the show, much the same as they run the show in the United States. LC is quite possibly the largest undeveloped gold reserve on the face of the earth. To assume that somehow this knowledge has been missed by the deep pocketed dudes is absurd. Everybody knows about this, and everybody knows where it's going. Everyone wants in, and they all want in at the lowest price possible, just as we do. When volume hits 7-8 million a day in an upward trend, as we have seen in the past, that's the cat out of the bag, a scramble, panic buying. When the price erodes daily, as it is doing presently, but the volume adds up to 3-4 hundred grand a day, that's stealth buying. Deep pockets driving the price down, not putting in large orders in order to create the illusion that this is a total loser stock, and yet not small enough that the trade fee wipes out profit. Deep pockets who flip on their high frequency trading computers and go on vacation. Cheating? Absolutely. Regulated? Absolutely not, and the new 'financial reform' bill is a joke. So ride the waves, and when the tsunami hits, you'llbe glad you did! This is a virtual game that only becomes real when you sell. Hang in there, we're ok.

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