3SOF

The voices I hear are telling me to ride KRY for awhile. Chart Looks awesome.
KRY is one of my long  investments based mostly on its fundamentals and a solid business plan.

Volume: 29,621,400
Avg Vol (3m): 3,405,710

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
38.90%above 13-day EMA
80.92%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

Price Channel (Continuation)...... Bullish Price Channel 
Price channel is a continuation pattern that slopes up or down and is bound by an upper and lower trend line. The upper trend line marks resistance and the lower trend line marks support. Price channels with negative slopes (down) are considered bearish and those with positive slopes (up) bullish. For explanatory purposes, a "bullish price channel" will refer to a channel with positive slope and a "bearish price channel" to a channel with negative slope.

In a bullish price channel, some traders look to buy when prices reach main trend line support. Conversely, some traders look to sell (or short) when prices reach main trend line resistance in a bearish price channel. As with most price patterns, other aspects of technical analysis should be used to confirm signals.

Because technical analysis is just as much art as it is science, there is room for flexibility. Even though exact trend line touches are ideal, it is up to each individual to judge the relevance and placement of both the main trend line and the channel line. By that same token, a channel line that is exactly parallel to the main trend line is ideal.

On the strength of gold.......
Gold stocks seem to be rallying today.......

Volume: 11,319,200
Avg Vol (3m): 4,206,440

Technicals
Most Actives

Last Price Quote is:
17.50%above 13-day EMA
58.64%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

In the above post,notice the Price Channel (Continuation)...... Bullish Price Channel 
The break above the channel line resistance is going to mark
an acceleration of the advance. JMHO.....of course. 

Support @ $5.94...4.91...4.49
Resistance @ $6.14...6.59

Recent CandleStick Analysis
Bullish
Apr-19-2006 Bullish Engulfing 

Volume: 5,175,800
Avg Vol (3m): 4,379,160

Technicals
MACD is Bullish
Stochastic is Bullish

Most Actives
Percentage Gainer

Last Price Quote is:
8.66%above 13-day EMA
45.37%above 50-day EMA
RS Rating: 99 

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

I guess KRY is on SALE today ! NO news to cause the plunge !

Quote from: REALDEALS21 on May 03, 2006, 10:39:01 AM
I guess KRY is on SALE today ! NO news to cause the plunge !

actually, DEAL, there was some news, but as I read, it's positive, the next step toward approval from the Environmental Ministry...or have i read this little tidbit wrong?



Crystallex International Corporation (KRY) down 6.2% on 7.5 million shares traded.

Crystallex International Corporation is a Canadian gold producer with operations and exploration properties in Venezuela. In the company's latest news Crystallex International Corporation reported that the Ministry of the Environment and Natural Resources ("MARN") in Venezuela has notified Crystallex of the Ministry's approval of the "Permit to Impact Natural Resources" for a quarry on the Albino property to provide aggregate for the adjacent Las Cristinas project, and of the initiation of the normal administrative process by the Ministry.

Quote from: REALDEALS21 on May 03, 2006, 10:39:01 AM
I guess KRY is on SALE today ! NO news to cause the plunge !

found this on reuters....

Bolivian nationalization plan spooks Crystallex   
   
Wednesday, May 03, 2006 1:35:13 PM ET

TORONTO (Reuters) - Nervousness over Bolivia's plan to nationalize oil and gas reserves carried over into other Latin American sectors on Wednesday, triggering a 16 percent drop in shares of miner Crystallex International Corp. <KRY.TO>.

Shares of Toronto-based Crystallex, which has gold projects in Venezuela, fell as low as C$5 on the Toronto Stock Exchange, before rebounding a bit to C$5.48, for a loss of 50 Canadian cents, or 8.4 percent, on a heavy volume of 4.4 million shares.

"It's a ripple effect," said John Ing, president of Maison Placements. "They're being tarred with the Bolivian brush."

Earlier this week, Bolivian President Evo Morales said he was nationalizing the country's vast oil and gas reserves, rattling shares of companies with projects in Bolivia.

Catherine Gignac, an analyst with Wellington West, said there was "a lot of nervousness out there," but "nothing to get overly worked up about."

Crystallex's stock has gone through its share of turmoil over the past few years, as investors wait for the Venezuelan government to grant the final environmental permit needed to get the big Las Cristinas gold project rolling.

Crystallex says nothing has changed.

"We believe that we are at the end of the permitting process for the environmental permit and remain poised to develop the project upon its receipt," said Richard Marshall, Crystallex's spokesman.

About four weeks ago, Crystallex said it won approval for a feasibility study that clears the way for environmental authorities to grant the final permit.

"We are at the point where we believe that we can see news on the permit at any time," said Marshall. "There is nothing that we've seen in terms of obstacles, or anything that has to be overcome."

Las Cristinas is seen as one of the largest gold deposits in the world, with an estimated 13.6 million ounces in proven and probable reserves.

The Venezuelan government awarded Crystallex the contract to develop the deposit in 2002.


--------------------------------------------------------------------------------
(c) Reuters 2006. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. 

ok, good DD ! 

Quote from: REALDEALS21 on May 03, 2006, 02:57:43 PM
ok, good DD ! 

Not pumping Cramer, but stocks do jump when he mentions them, and KRY jumped a few months ago when he pumped this.  Now, it's 2:30p, CST, and he just mentioned KRY and Bolivia, and he mentioned Wellington and the Ministry of Mining.  Says there's nothing to worry about.  This is cheap and says grab it...

Quote from: rv on May 03, 2006, 03:32:38 PM

Quote from: REALDEALS21 on May 03, 2006, 02:57:43 PM
ok, good DD ! 

Not pumping Cramer, but stocks do jump when he mentions them, and KRY jumped a few months ago when he pumped this.  Now, it's 2:30p, CST, and he just mentioned KRY and Bolivia, and he mentioned Wellington and the Ministry of Mining.  Says there's nothing to worry about.  This is cheap and says grab it...

ok, just looked back at my streamer, and it popped from $5 to $5.15......as if, no one listens to Cramer....

Personally, I think this stock is on sale. KRY will see double digit prices !! Gold will be going to $900 ! KRY is an excellent 12 month investment.

Hey DEAL,
any thoughts on how she's doing....i really thought it might creep up to 5.30 or so and sit til earnings, which i have a feeling won't help it any, but, if the permit is granted before earnings, i think the stock will go up, considerably, and the earnings won't hurt it, ....if earnings come out first, i don't think we'll see a considerable jump til they show they're making a ton of money....

now, if Chavez nationalized the mines, this is all negated...

your thoughts?

damn, i like this stock....it was selling off like crazy just before the bell (i actually saw a block of 119,600 shares sell at $5, that's almost $600,000,)  and it still climbs back up a few pennies at the bell....

c'mon Chavez, push this permit thru, you know you want it.....

c'mon kids, let's go, daddy's gotta back the truck up.....


Standard Bank Converts Debt into Crystallex Shares
Friday May 5, 4:19 pm ET


TORONTO, ONTARIO--(MARKET WIRE)--May 5, 2006 -- Crystallex International Corporation (TSX:KRY.TO - News)(AMEX:KRY - News) announced today that Standard Bank Plc, ("Standard Bank") has elected to convert US$7,500,000 principal amount of their US$14,315,000 loan, (the "Loan") in accordance with the terms of the credit agreement dated December 23, 2005, (the "Credit Agreement") among Crystallex's subsidiary, ECM (Venco) Ltd. as borrower, Crystallex as guarantor and Standard Bank as lender. As a result of the conversion, Crystallex has issued 3,765,841 common shares to Standard Bank.
ADVERTISEMENT
 




In December 2005, Crystallex's subsidiaries settled their outstanding 71,239 ounces of gold forward sales and call option contracts with Standard Bank Plc and converted the settlement amount into a US$14,315,000 term loan amortizing over the next three years. The gold contracts were closed out at an average gold price of US$504.50 per ounce, substantially below the May 5, 2006 closing price of approximately US$682 per ounce, (see Crystallex News Release dated December 23, 2005 for details of the transaction).

The conversion of the US$7,500,000 principal amount represents the entire convertible portion of the Loan and was converted into common shares pursuant to the provisions of the Credit Agreement at a price equal to C$2.32 per share, representing the average market price for the common shares of the Corporation on the Toronto Stock Exchange for the five trading days prior to December 23, 2005 (the effective date of the Credit Agreement). The Canadian dollar share price was converted into United States dollars at an exchange rate of 1.1649 (being the noon rate as reported by the Federal Reserve Bank of New York on December 23, 2005). Following the conversion, Crystallex will have approximately US$6.7 million of debt outstanding to Standard Bank.

well, i want to stay positive on this stock, but there is a canadian article, in which, cramer is kiinda retracting his initial "pump" on this stock....leaving me a bit worried...


http://www.canada.com/nationalpost/financialpost/story.html?id=cc6a4381-0c60-441 d-b4aa-4e09c6db4b1f

sorry for only posted a link, but it's a rather lengthy article....i don't think it's anything new, but it reiterates the touchiness of the subject....



http://www.marketwatch.com/News/Story/Story.aspx?guid={D4830CBC-767B-4EE0-84A4-DB8F37ED1A42}&siteid=mktw&dist=nbs