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

Free
Message: WHY does Chinese Stock involvement, J/V etc,. appear to deflate stock prices?

Strange occurance on many of these stocks. One would think that having possible Chinese involvement would be beneficial to the stock price.

i.e.

Mosquito Consolidated Gold symbol MSQ on the Canadian market. Was at 1.40 now at .95.

Legend International symbol LGDI on Nasdaq was 1.40 now .67

These are the first two that come to mind along with KRY.

I feel certain that we can add many more to this list as the Chinese appear to be in more of an accumulation mode then one of development.

A Chinese involvement was announced many months ago on these stocks and one would have thought that the stock prices would have benefited.

The Chinese do not appear to be quick to develope many of their recent aquisitions.

It would appear they invest in these natural resource companies for futue development in an as need basis. Good way to get rid of U.S. $'s but not so good for share holders as prices correct accordingly.

Of course its called business and there are many ways of raising funds prior to production.

Being a long time investor in KRY I am beginning to wonder if I am missing something here.

If I had of invested on the short side my account would look considerably different.

A great investment. Sure looks like it. But when?

Share
New Message
Please login to post a reply