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KRY - Sector: Basic Materials --- Industry: Gold & Silver

Started by setravis, June 13, 2005, 10:01:56 PM

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setravis


Gold, Above the 50-day and holding.
Volume: 1,124,400
Avg Volume (3m): 2,030,080

Support @ $2.19...1.89...1.58
Resistance @ $2.46...2.72...3.14

Technicals
MACD is Bullish
Stochastic is Bearish
RSI is Bullish
Most Actives
Percentage Gainer

Last Price Quote is:
9.63%above 13-day EMA
19.96%above 50-day EMA
RS Rating: 17 

Fundamentals
Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/11/2006
Last Analyst Rating: N/A

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Bounced very nicely off the 50-dma.
Gold is above the 50-day and holding.

Support @ $1.97...1.77...1.58
Resistance @ $2.34...2.73...3.14

Technicals
MACD is Bullish
Stochastic is Bullish
Close Above the 13-day EMA
Most Actives
Percentage Gainer

Last Price Quote is:
5.14%above 13-day EMA
10.50%above 50-day EMA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/11/2006
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Press Release Source: Crystallex International Corporation


Crystallex Announces The Acquisition Of The Minority Shareholder Interests In Lo Increible Mining Properties And Settlement Of The Vengroup Arbitration
Friday December 30, 8:51 am ET


TORONTO--(BUSINESS WIRE)--Dec. 30, 2005--Crystallex International Corporation (TSX:KRY - News; AMEX:KRY - News) announced today that it has acquired the minority shareholder interests in the holding companies which own or control the mining rights to certain of its Lo Increible mining properties located in Bolivar State, Venezuela (including the La Victoria deposit). Crystallex also announced that the outstanding arbitration proceedings between Crystallex and Corporacion Vengroup, S.A. have been settled.
Under the terms of the transaction:

- ECM (Venco) Ltd. (an indirect, wholly-owned subsidiary of the
  Crystallex) has purchased the 49% outstanding interest in Osmin
  Holdings Limited and the 30% outstanding interest in Tamanaco
  Holdings Limited owned by Vengroup and a related company for
  consideration consisting of U.S.$6.6 million payable as follows:

     - U.S.$3.0 million, by the issuance and delivery to Vengroup of
       1,467,136 Crystallex common shares; and

     - U.S.$3.6 million, by the issuance and delivery to Vengroup of
       a U.S.$3.6 million exchangeable promissory note of ECM; and

- the arbitration proceedings between Crystallex and Vengroup have
  been terminated and the parties have delivered mutual releases with
  respect to the subject matter of the arbitration proceedings.


The exchangeable promissory note is non-interest bearing and payable in four equal semi-annual instalments commencing June 29, 2006. Vengroup may elect to exchange the instalment payments for, and ECM may elect to satisfy its obligations to make instalment payments by, delivering Crystallex common shares. The number of Crystallex common shares to be delivered to Vengroup will be based upon the weighted average trading price of the Crystallex common shares on the Toronto Stock Exchange during the five trading days immediately preceding the delivery of an exchange notice by Vengroup or ECM.

As a result of the transaction, the joint venture arrangements between ECM and Vengroup have been terminated and Crystallex, through its subsidiaries, now owns 100% of Osmin and Tamanaco. ECM's obligations under the exchangeable promissory note are guaranteed by a subsidiary of ECM and secured by a pledge of the shares of ECM's Venezuelan subsidiary that directly owns the principal Lo Increible mining properties held by ECM.

As part of the transaction, Crystallex entered into a two-year consulting agreement with the principals of Vengroup pursuant to which Crystallex has agreed to pay aggregate consulting fees of US$600,000.

About Crystallex

Crystallex International Corporation is a Canadian gold producer with operations and exploration properties in Venezuela. The Company's principal asset is its interest in the Las Cristinas property in Bolivar State that is currently under development. Other assets include the Tomi Mine and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY).

NOTE: This Release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Crystallex, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, or results to differ from those reflected in the forward-looking statements. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Specific reference is made to "Narrative Description of the Business - Risk Factors" in the Company's Annual Information Form ("AIF"). Forward-looking statements in this release including, without limitation to, statements regarding the expectations and beliefs of management include the following: gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves, and between actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of gold exploration; dilution; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property, as well as those factors discussed in the section entitled "Risk Factors" in Crystallex's AIF, annual report, and elsewhere in documents filed from time to time with the Canadian provincial securities regulators, the United States Securities and Exchange Commission ("SEC"), and other regulatory authorities.

The Toronto Stock Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news re lease.

Crystallex International Corporation (AMEX:KRY - News; TSX:KRY - News)


Contact:
Crystallex International Corporation
Investor Relations Contact:
A. Richard Marshall, VP
(800) 738-1577
[email protected]
Visit us on the Internet: http://www.crystallex.com

--------------------------------------------------------------------------------
Source: Crystallex International Corporation
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

A great bounce off the 50-dma.....

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
14.43%above 13-day EMA
22.12%above 50-day EMA
RS Rating: 98 
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

Terliso

Yes Setravis, this is another gold one ... GOLD STOCKS ARE HOT!!! ;)

----KRY breaking out from CUP with HANDLE pattern

setravis

Quote from: Terlisa on January 04, 2006, 11:33:06 PM
Yes Setravis, this is another gold one ... GOLD STOCKS ARE HOT!!! ;)

----KRY breaking out from CUP with HANDLE pattern


I hear that Terlisa !
Thanks for coming in with some of your work = Applaud... ;D

Cramer pitched it.
Target $3.50-4.25
Looks like it may just bust through the 200-dma soon.
Another nice day with volume and price action
Volume: 3,620,200
Avg Vol (3m): 1,393,940

Support @ $2.35...2.08
Resistance @ $2.62...2.72...3.14

Technicals
MACD is Bullish
Stochastic is Bullish
Most Actives
Percentage Gainer

Last Price Quote is:
15.23%above 13-day EMA
27.68%above 50-day EMA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/11/2006
Last Analyst Rating: N/A
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

john b mcginnis

I've been in this one since September.  @ 1.50 looks like a 1 bagger for sure and will probably gap up this morning. I like  Jim Crammer and what his comments will do for this stock today, but he has too much power.











John

metro

gap up -- looks like a good day to take profits -

setravis

CRYSTALLEX INTL CP (AMEX:KRY) Delayed quote data 

Pre-Market (RT-ECN): 2.96  0.36 (13.85%)

Volume @.........404,500
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Press Release Source: Crystallex International Corporation


Crystallex International Corporation: Press Release
Wednesday January 11, 1:14 pm ET


TORONTO--(BUSINESS WIRE)--Jan. 11, 2006--Crystallex International Corporation (TSX:KRY - News; AMEX:KRY - News) announced today that it has delivered a draw down notice to Azimuth Opportunity, Ltd. under the terms of its purchase agreement with respect to its previously announced equity draw down facility. Under the purchase agreement, the draw down pricing period may be any number of days agreed to by the parties (the end date will not be later than 20 consecutive trading days commencing on the draw down pricing start date), the draw down pricing start date will occur not later than five trading days after delivery of the draw down notice and the additional dollar amount of common shares (additional purchase amount) that Crystallex may specify in a draw down notice may be an amount in excess of the draw down amount agreed to by the parties.


A pricing supplement setting out, among other things, the number of shares issued to Azimuth pursuant to the exercise of the draw down and the purchase price per share will be filed on SEDAR within two business days after the end of the draw down pricing period.

About Crystallex

Crystallex International Corporation is a Canadian gold producer with operations and exploration properties in Venezuela. The Company's principal asset is its interest in the Las Cristinas property in Bolivar State that is currently under development. Other assets include the Tomi Mine and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY).

The Toronto Stock Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news re lease.

Crystallex International Corporation (AMEX:KRY - News; TSX:KRY - News)

Contact:
Crystallex International Corporation
Investor Relations Contact:
A. Richard Marshall, VP
(800) 738-1577
[email protected]

--------------------------------------------------------------------------------
Source: Crystallex International Corporation
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

End of the day chart.

Volume: 12,792,300
Avg Vol (3m): 1,572,800

Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
21.45%above 13-day EMA
36.02%above 50-day EMA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/11/2006
Last Analyst Rating: N/A
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

KCScott

Wow, I need to visit this fourm more often (or at least open all of Setravis threads).

I saw this on Cramer last night and heard something like "Richest Gold Vein in the world"
I also heard something like "Venezuelan President Hugo Chavez could Socialize the Mines".

:P

No worries - In at 2.80

Good to see you guys in here.

What else you buying these days?
Those that think money can't buy happiness, don't know where to shop

Jimbo

Quote from: KCScott on January 11, 2006, 11:10:31 PM
Wow, I need to visit this form more often (or at least open all of Setravis threads).

Indeed.  Applaud Setravis for keeping the rest of 3SOF community well informed  ;)

Keep up the good work  :D

setravis

Thanks KCScott and Jimbo, for the vote of confidence!!  :D
Applaud back at you. ;)
I hope you guys make a buck or two from some of these picks.  ;D

I don't think you need to worry about resistance until KRY gets to the $3.50 level.
I'm more concerned with watching for a correction in the gold sector, figuring KRY will be one the first to fall.
Setting now just above the 200-dma.

Support @ $2.72...2.49...2.39
Resistance @ $3.14...3.23

Technicals
MACD is Bullish
Stochastic is Bullish
Most Actives
Percentage Gainer

Last Price Quote is:
15.92%above 13-day EMA
35.14%above 50-day EMA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/11/2006
Last Analyst Rating: N/A
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

No time for comments. Leave you the end of the day chart.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis