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

[wrangler]

My buy limit order didn't get hit to day and volume is beginning to dry up for sellers. It looks like 3.00 may be the low.I already have one position so I'll be happy with that one. I'll continue the limit order @2.95 just in case it might have one more day to hit.
Goodluck to all holding

[wrangler]

CARACAS, Nov 8 (Reuters) - Canadian gold miner Crystallex (KRY.TO: Quote, Profile, Research)(KRY.A: Quote, Profile, Research) said on Thursday it expects to receive an environmental permit at any moment from the Venezuelan government to begin exploiting the Las Cristinas gold mine.

"All of the requirements are covered ... the permit should be assigned to us at any moment," Crystallex Venezuela President Luis Felipe Cottin told Reuters.

He said that the discussion in Congress of a new mining law will not affect the process of approving the environmental permit.

Cottin added that Crystallex could begin production at the mine within 18 to 22 months of starting operations.

Crystallex has struggled to get the mine to production since winning a contract in 2002 to develop the Las Cristinas deposit, considered one of the largest undeveloped gold reserves in Latin America.

[setravis]

These low-priced stocks will outperform the market.......Make some change 
Crystallex International (AMEX: KRY)
Zix (Nasdaq: ZIXI)
Beacon Power (Nasdaq: BCON)

KRY, Base + Possible News (Long Recommendation)
If they get the permit from the govt, this thing will fly. Upside way higher than downside risk.

Recovered ! 
Will pop when the permit is issued...
Crystallex expects Venezuela mine permit any time.......

Venezuelan National Assembly's Commission of Economic Development has published a report following its October 4th, 2007 Las Cristinas hearings. The Chairman of the Committee reiterates demands to the Ministry of Environment to grant the corresponding license, thus allowing the mining development to begin. Stock will pop when the permit is officially issued. Wide swings = wide stop.

Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Low Incredible properties and the Revemin Mill.


52wk Range: 2.22 - 5.25
Volume: 5,486,913
Avg Vol (3m): 2,598,720

Technicals
13-day EMA Cross Above 50-day MA   
Close Above the 50-day MA   
Close Above the 13-day MA     
Most Actives
Percentage Gainer

Last Price Quote is:
5.39%above 13-day MA
5.54%above 50-day MA
RS Rating: 32 

Fundamentals
Earnings Expected on Nov 13

Key Data:
Market Cap (M): $660.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 11/13/2007
Last Analyst Rating: N/A

[wrangler]

To all those who have held onto their shares ,,today might be the beginning of a reversal.
JMO
I still hold mine

[wrangler]

About time KRY comes alive again but still has a way to go before it gets back to my buy price.
Still holding
Tested 50 MA today and fell back. Maybe soon we'll be back in 3.00 area

[setravis]

8:12AM Crystallex and Ministry of Environment begin discussions; National Assembly Committee supports Las Cristinas (KRY) 0.66 : Co announces that on June 18, 2008, Crystallex was invited to a meeting by representatives of the Ministry of the Environment, led by Vice Minister of Environmental Planning and Administration, Merly Garcia. At this meeting, Crystallex was informed that MinAmb was instructed by the Government to reconsider issuance of the Las Cristinas Environmental Permit to Affect Natural Resources by discussing with Crystallex possible modifications of the Las Cristinas project, which could enable the Permit to be issued.

[setravis]

Crystallex and Ministry of Environment Begin Discussions; National Assembly Committee Supports Las Cristinas
Tuesday June 24, 8:07 am ET


TORONTO, ONTARIO--(MARKET WIRE)--Jun 24, 2008 -- CRYSTALLEX INTERNATIONAL CORPORATION (Toronto:KRY.TO - News)(AMEX:KRY - News) wishes to advise that on June 18, 2008, Crystallex was invited to a meeting by representatives of the Ministry of the Environment ("MinAmb"), led by Vice Minister of Environmental Planning and Administration, Ing. Merly Garcia. At this meeting, Crystallex was informed that MinAmb was instructed by the Government to reconsider issuance of the Las Cristinas Environmental Permit to Affect Natural Resources (the "Permit") by discussing with Crystallex possible modifications of the Las Cristinas project, which could enable the Permit to be issued. The modifications suggested by the MinAmb representatives fall within three main categories: (i) further optimising the social projects in the area, (ii) mitigating the impact of open vein deposit mining in the currently affected areas of the Imataca, and (iii) improving the remediation plans at the end of the mine life as well as to remediate the existing environmental damage caused by the illegal miners who have worked in the area. The MinAmb representatives stressed the importance of expediting the submission of details relating to the suggested request for modifications in order to enable prompt resolution of the Permit.


In addition, Crystallex has received the official minutes of the meeting held at the Permanent Committee for the Economic Development of the National Assembly at the public hearing held on June 4, 2008 to discuss the delay of the Las Cristinas project. At the meeting, representatives of the Ministry of Mines ("MIBAM") confirmed support for Crystallex and its compliance with all procedural and administrative steps up to the denial of the permit by MinAmb. The resolution issued by the Committee states that the Las Cristinas project has been in development for a significant period of time with the support of different branches of the Government. The resolution further notes a lack of coordination between the various Government branches, which it suggests should be resolved in light of the macroeconomic policies and goals of Venezuela, as well as the social needs of the people and the pre-existing environmental damage.

It is too early for Crystallex to forecast how this issue will be resolved, but it is encouraged by the support from the Venezuelan Government and National Assembly. Crystallex welcomes the opportunity offered by MinAmb to help create additional solutions to the extensive environmental damage that already exists due to illegal mining in the Las Cristinas area, and to improve the project in order to respond to issues raised by MinAmb.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain statements included or incorporated by reference in this news release, including information as to the future financial or operating performance of the Company, its subsidiaries and its projects, constitute forward-looking statements. The words "believe," "expect," "anticipate," "contemplate," "target," "plan," "intends," "continue," "budget," "estimate," "may," "schedule" and similar expressions identify forward-looking statements. Forward-looking statements include, among other things, statements regarding targets, estimates and assumptions in respect of gold production and prices, operating costs, results and capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Such factors include, among others, risks relating to additional funding requirements, reserve and resource estimates, gold prices, exploration, development and operating risks, illegal miners, political and foreign risk, uninsurable risks, competition, limited mining operations, production risks, environmental regulation and liability, government regulation, currency fluctuations, recent losses and write-downs and dependence on key employees. See "Risk Factors" below or in the Company's 2007 40-F/Annual Information Form. Due to risks and uncertainties, including the risks and uncertainties identified above, actual events may differ materially from current expectations. Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. Forward-looking statements are made as of the date of this Management Discussion and Analysis and the Company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or results or otherwise.



Contact:
     Contacts:
     Investor Relations Contact:
     Crystallex International Corporation
     A. Richard Marshall, VP
     1-800-738-1577
     Email: [email protected]
     Website: http://www.crystallex.com
     


--------------------------------------------------------------------------------
Source: Crystallex International Corporation

[setravis]

Cup with Handle (continuation) Pattern.......

Speculative...
Dictator appears to be losing his touch as country's economics deteriorate which probably led to this recent move to get some increased investment going. If he falls, this would be x2 current price. 


52wk Range: 0.50 - 3.50
Volume: 4,408,199
Avg Vol (3m): 1,942,050

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
27.20%above 13-day MA
39.54%above 50-day MA
RS Rating: 97 

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

Below are the 3 month and the 6 month charts.......

[setravis]

Title: Avoid
Or make a fast trade !
Taking a bounce off this bottom. 

Hugo Chavez said on Saturday the he would take control of Venezuelan gold mining operations to offset the falling oil prices' effect on national coffers. He declined to name any companies or projects, but his mining minister says that Las Cristinas, the country's largest gold mine, will be a prime target in the new year.
Las Cristinas is currently held by battered Crystallex Internation Corp (KRY).


52wk Range: 0.10 - 2.83
Volume: 6,594,642
Avg Vol (3m): 1,680,830

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
92.74%above 13-day MA
13.52%above 50-day MA
RS Rating: 7 

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

[setravis]

AP
Venezuela to seize gold concessions as oil falls
Saturday December 27, 7:06 pm ET
By Rachel Jones, Associated Press Writer 
Venezuela to seize gold mining concessions, supplement falling oil prices with gold


CARACAS, Venezuela (AP) -- Venezuela will seize several gold mining concessions that previous governments granted private operators, in a bid to supplement falling oil prices with proceeds from state-controlled gold, President Hugo Chavez said Saturday.


Chavez named no specific contracts or companies to be affected, but his mining minister has vowed to next year take over the nation's largest mine, Las Cristinas, which is operated by Canadian mining company Crystallex International Corp.

"We are taking back some concessions that former governments have given, and whose permits are still held by some rich people," in order to reduce public reliance on oil, Chavez said.

Venezuela relies on oil for 94 percent of exports and roughly half its federal budget, making it unlikely that the country's largely undeveloped gold reserves could compete.

But Chavez said Venezuela must "increase the country's income through non-oil exports," including its world-famous cacao and products from recently nationalized steel and cement companies.

Chavez acknowledges that oil prices -- down 70 percent since topping $147 a barrel in July -- will affect Venezuela, but he insists the wealthy will suffer more than the country's poor, who benefit from social spending programs that he vows to continue.

"Social investment will not be halted," Chavez said Friday. "This, for us, is sacred."

Calls to Crystallex's Toronto headquarters went unanswered Saturday, but a Dec. 11 statement said the company had "received no official communication concerning changes" at Las Cristinas.

Crystallex won a contract to develop the mine in 2002, but was forced to halt construction after Venezuela's environment ministry denied its final permit last May.

Chavez's government nationalized four major oil projects in 2006, and has clashed over permits and labor disputes with several international gold mining companies this year.

Mining operations have not yet begun at Las Cristinas -- located in Venezuela's biologically rich Imataca Forest Reserve, which covers 8.6 million acres (3.5 million hectares). Environmentalists warn that mining there could upset the delicate ecology.

Venezuela produced roughly 4.2 tons (4.3 metric tons) of gold in 2007, and Chavez said he hopes to double that figure next year. The country is also rich in diamonds, bauxite and other minerals.

[setravis]

Press Release Source: Sarraf Gentile LLP


Sarraf Gentile LLP Provides Update on Securities Fraud Class Action Against Crystallex International Corporation
Wednesday December 31, 4:30 pm ET


NEW YORK, NY--(MARKET WIRE)--Dec 31, 2008 -- On December 8, 2008, the law firms of Sarraf Gentile LLP and Vianale & Vianale LLP filed a securities fraud class action lawsuit in New York City on behalf of those investors who acquired the securities of Crystallex International Corporation ("Crystallex" or the "Company") (AMEX:KRY - News) between July 28, 2005 and April 30, 2008.


This is the only class action filed on behalf of Crystallex shareholders to recover money for securities fraud violations. Sarraf Gentile LLP and Vianale & Vianale LLP are the only law firms representing Plaintiff. No other counsel has filed an action seeking relief for the proposed class.

If you are a Crystallex shareholder you have until February 6, 2009 to ask the Court to appoint you lead plaintiff. To learn more about your rights and whether you qualify to be a lead plaintiff, please contact: Joseph Gentile at Sarraf Gentile LLP (telephone: 212-868-3610; e-mail: [email protected]).

Sarraf Gentile LLP and Vianale & Vianale LLP have extensive experience litigating securities fraud class actions across the United States and have recovered millions of dollars on behalf of injured shareholders. They alone investigated and filed this class action, and are the only attorneys representing the Plaintiff.

ATTORNEY ADVERTISING

PRIOR RESULTS TO NOT GUARANTEE SIMILAR OUTCOME



Contact:
     Contact:
     
     SARRAF GENTILE LLP
     11 Hanover Square
     New York, NY 10005
     T 212.868.3610
     F 212.918.7967
     http://www.sarrafgentile.com
     


--------------------------------------------------------------------------------
Source: Sarraf Gentile LLP

[setravis]

Emerging Stock Report Initiates Independent Research Coverage on Crystallex International Corp.

Press Release Source: Emerging Stock Report On Monday April 5, 2010, 9:15 am EDT

CALGARY, Alberta, April 5, 2010 (GLOBE NEWSWIRE) -- Emerging Stock Report, a leading provider of sector specific independent investment research, today initiated coverage on Crystallex International Corp. (NYSE Amex:KRY). Emerging Stock Report is currently offering a complimentary trial subscription to the investment community.



To view the Report in its entirety visit: http://www.emergingstockreport.com


To get our alerts AHEAD of the market follow us on Twitter: http://twitter.com/EmergingStockRe


About ESR:



Emerging Stock Report is a leading provider of independent investment research for North American companies. Our services include research analysis on emerging growth companies, sector specific research, real-time news and financial data, market commentary and the ESR newsletter. Emerging Stock Report's staff of investment professionals are dedicated to providing the tools and resources necessary to help make important investment decisions. To view our research reports on a complimentary trial basis and take advantage of our other services, visit http://www.emergingstockreport.com and click on the complimentary trial subscription button on our home page, or go directly to our registration page at http://emergingstockreport.com/register.php


About Crystallex International Corp. (NYSE Amex:KRY):



Crystallex International Corp. (NYSE Amex:KRY) is a Canada-based gold producer. The Company has operations and exploration properties in Venezuela.



ESR Disclosure:



Emerging Stock Report is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. Emerging Stock Report has not been compensated by any of the above mentioned companies. Please read our report and visit our Web site, http://www.emergingstockreport.com, for complete risks and disclosures.


Contact:
Emerging Stock ReportJoshua Anderson1 (310) 341 [email protected]

[setravis]

Something going on...
Some called it "CRY", not KRY. But something is going on.

52wk Range: 0.18 - 0.52
Volume: 2,789,409
Avg Vol (3m): 544,310

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
40.81%above 13-day MA
44.39%above 50-day MA
RS Rating: 82 

Fundamentals
Earnings Expected on May 12

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

Symmetrical Triangle ( Continuation ) Pattern
BreakOut !
Below the 6 month chart...