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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: GRZ - Observations

Since June 2010, after KRY/CRRC announcement, GRZ pps has gone from $.80 to current pps of $1.80. As of Sept 2010 GRZ had cash/share of $1.18($68 million) and GRZ is burning approx $5million/quarter. GRZ is at least 2 years away from an ICSID finding. At GRZ's burn rate they will be out of cash before the ruling and even if it is in their favor GRZ then must go thru the motions of collecting. Why have they added $1/share in less than 6months? It must be due to a buyout of LB to be announced jointly with the KRY/CRRC permit? buyout? etc. There is absolutely no reason for GRZ's pps other than some form of LB/LC buyout or permit. KRY has been kept down because LC has significantly more Gold and appreciation potential. Good things come to he who persevers !

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