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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: TGIF Market

TSX / OTC sp rolling down in the cycle. Looks like a P&D, possibly to unload, by someone. Technicals had minimal confirmation of the upside. If the final arbitration payoff is estimated at possibly as low as $1-2 per share, why would GRZ news drive KRY / CRYXF sp to a buck? Just something to consider as spec players typically seek a much higher ror. Technicals did touch upper BB before retreating and lower BB should support, but is now below 0.098'ish. All technicals are still in downtrend and the Stochastic that was full of life is now coming back to earth - quickly.

S&P and Dow on Quad-Witching Day. Futures way up at this time, likely over Greece, saying some big upside to open. Asia down and Europe up overnight. EU problems with Greece which reshuffled their Govt, but still a worry with notes due Tues and big meeting Thurs. Germany and France united in bailing out Greece - a good thing for everyone, and I mean everyone in the stock Market world. China inflation out of control with more problems down the road as mentioned previously. Middle East still simmering and lid could blow anytime. May get a decent pop today, but will only hold if Greece situation is resolved. When Greece resolves it is off to the races, but may not be enough to erase the trend which is flat to slight down. But, ya never know. So, be careful.

Gold flat overnight, but showing some slight uptrending after HK closed. Could be tell-tale over the Greece situation as there are always "whispers" among the Big Guys. Juniors looking awfully tempting. Be careful of Junior miners as they do not run with gold, and this time of year is typically a flat to down side portion of year. Suggest cutting them loose if not flat by now as pain may become unbearable. Can always buy back in later.

Best to all and have a good weekend.

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