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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: The New Reality
8
Sep 22, 2010 10:55AM
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Sep 22, 2010 11:22AM
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Sep 22, 2010 12:35PM

Very true and Turtlefoam's post was excellant.

Someone knows this stock like the back of their hand.

Obviously the owner is Venezuala now controlled by Chevez and his band of like minded souls.

Who better to control the price of this and other resource stocks.

We have gone from the $12.00 range to our present .3783 U.S.

I don't know about getting hit over the head but reailty shows this stock has gone south for a long, long time. Sort of like it was done in a very well thought out manner.

It would certainly appear that Venezuala under Chevez's hand has found a very lucrative method of fleecing both the U.S. @ CDN stock exchanges by shorting these stocks.

They are well aware of what happens to the stock price of listed companies when they invoke their stalling tactics, time after time, after time, after time. No its not the Chinese.

He and his band of merry men are making a mockery of the north american investment system.

THey may well be sitting back chuckling at KRY, the Chinese and all the other Resource Companies.

It looks like the Chinese do not believe much in this deal either.

The Chinese put up a 2.5 million dollar deposit on a deal of this magnitude?

Not much of a commitment but worth a try.

Honest and sincere real estate transactions in our area have a 5% deposit to show good faith on most transactions. The seller then believes the offer has a good chance of completeing

AS for them needing money. Just short all the resource stocks they caught in their trap, nationalize all those who happened to begin production prior to this scheme beginning, put the others into production themselves and sell it back into the world market for a 100% gain.

Chavez shakes the world and could care less. And he has been doing it for some time...

I am also long this stock and wish all other longs success on their investment. Now would certainly be a good time to pick up some reasonable shares. But, buyer beware.

JMHO

Sm

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