Re: another million
in response to
by
posted on
Sep 20, 2011 02:59PM
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
I believe RF is still an advisor with MacQuarie.
With the volume level being in the millions lately my GUESS is that the financing will be completed and those involved are hedging their money by buying shares a this level. When financing is announced they will be able to sell into the price rise and reduce their debt risk.
Many people have commented on how little skin management has at risk. Since they don't own many shares it can't be them dumping. That isn't to say they aren't buying. We will know soon enough.
It is obvious that someone know something with this level of volume.
JJ