On a purely technical basis this is a screaming buy. We won't even try and predict Gold prices but Gold looks good. As far as this stock goes, there is not much resistance between here and the former high all time high of $6.25 set back in April of 2006.
Fundamentally, the company has had a poor operating history. There really is not much more to say about this small canadian company conducting gold mining operations in Venezuela. Their recently closed financing is meaningful in size and should create a nice buzz for the stock.
Fundamentally, the company has had a poor operating history. There really is not much more to say about this small canadian company conducting gold mining operations in Venezuela. Their recently closed financing is meaningful in size and should create a nice buzz for the stock.
We decided to exercise willful blindness regarding their poor history of operations. And today if we can get it near friday's closing levels we are going to buy a very small ammount of this stock for a trade.
Key executives of Crystallex International Corp (KRY, KRY message board) :
| Name | Position |
| Borden Rosiak | Advisor |
| Daniel Hamilton | Chief Financial Officer, VP, Controller, Member of Exec. Management Committee and Member of Disclosure Committee |
| Ron Colquhoun | VP of Technical Services |
| Sadek El-Alfy | VP of Operations and Member of Exec. Management Committee |
| Todd Bruce | Consultant, Member of Exec. Management Committee, Member of Disclosure Committee and Member of Environmental, Health and Safety & Operations Committee |
User comments
Follow the discusion about Crystallex International Corp in the forum