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: Friday Market

Volume of about 580k moving on TSX. AMEX about 250k. Awaiting filing of Form 25, at which point there will be 10days before actual delisting. Seems to give the few big guys that are left some time. How nice. Technicals still downtrending and following lower BB, actually have no bearing at this point because of the news - as news trumps the technicals.

S&P and Dow going down. Asia and Europe down over night. Market correction or the big one is anyone's guess. Unemployment numbers not as good as expected. Yeah, right. Greece, with the economy about the size of Rhode Island (no offense to RI folks), still dragging things down. The stronger stocks will show lower loss percentage. But, go with the Market perception and protect yourself.

Gold moved up about $20 since open on NYMEX. Perceived as necessary flight to safety. Remember that Gold Miners, particularly juniors, do not necessarily move with the price of Gold, especially when the economy is in the news.

Hope everyone's weekend is a good one.

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