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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: TA

In some posts a while back I mentioned that I was watching a long term trend line from late 2009 and that I would be concerned if it was broken. It has now been penetrated and that could mean we are in for even lower prices, especially given the traditional Sept-Oct market weakness. James Brumley explains it as well or better than I could so if you are interested this is his site.

http://www.smallcapnetwork.com/Play-it-Both-Ways-Looks-at-CRXX-BAA-and-KRY/s/article/view/p/mid/2/id/299/

Obviously major news (like a descent JV agreement) could move the SP up in a flash so I have not exited my position so far and I'm not suggesting that anyone else should.

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