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

[Melf Elf]

...and today's excitement was a FAKE post on yahoo's messageboard:

I'll post it for your amusement/information, in case yahoo decides to remove it. Remember, that it is a FAKE!

cumulina,

Wow, that's amazing! 

Technically, KRY broke below a Symmetrical Triangle (pattern in red), coming off the top of the channel, then broke below the validated trendline of the channel (in blue), the day before it got "Cramerized."

That break suggest a re-test of the 1.95 low.

The bottom of the channel, which now is at about 3.20,  has been acting as resistance since that break, which isn't good.  The intraday highs have failed, right there. 

Above that, there's resistance at the 50/200DMAs, currently at 3.39 - 3.42, and then at the bottom of the broken Symmetrical Triangle, at 3.47.

Absent REAL good news, 3.20-3.47 looks to be tough resistance, given the channel break and the intraday failures to regain the channel since then.  "Former support has become resistance."

Good luck!  I hope that you get some REAL good news! 

[setravis]

Breakout above the 50-day level.......
Stop $3.10. Big breakout above the 50-day level. MACD rising. I think they are close to announcing approval of their Venezuela gold mine, which is why the stock is up big on "no news."


52wk Range: 1.95 - 6.25
Volume: 7,686,500
Avg Vol (3m): 4,050,410

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

Last Price Quote is:
9.98%above 13-day EMA
4.68%above 50-day EMA
RS Rating: 84 

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

[Stocky2000]

this is ready...a lot of accumulation on friday

[Livana]

KRY is up 17% on no particular news... (Also one of the most traded stock on the CNBC portfolio challenge)

The company has appointed a new CEO last week... Could that be the reason?

[setravis]

Livana, I do think this may have helped the case.
Back above the 50-day MA
Indicators have taken a nice turn north.

52wk Range: 1.95 - 6.25
Volume: 5,647,700
Avg Vol (3m): 3,266,090

Technicals
>Close Above the 50-day MA....<
>Close Above the 13-day MA....<
Most Actives
Percentage Gainer

Last Price Quote is:
9.81%above 13-day MA
3.77%above 50-day MA
RS Rating: 12 

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

[setravis]

Press Release Source: Crystallex International Corporation


Crystallex Comments on Recent Market Activity
Wednesday March 28, 3:07 pm ET


TORONTO, ONTARIO--(MARKET WIRE)--Mar 28, 2007 -- Crystallex International Corporation (Toronto:KRY.TO - News)(AMEX:KRY - News) issued today the following statement concerning the increase in its stock price and trading volume:
"Crystallex is aware that Gold Reserve Inc (Toronto:GRZ.TO - News) (AMEX:GRZ - News) today announced that its Brisas Project had been awarded the Environmental Approval and Construction Permit from the Ministry of the Environment and Natural Resources ("MARN").

 
Commenting on the news, Gordon Thompson, Crystallex President and CEO stated, "The awarding of the Brisas environmental permit is a clear signal that Venezuela is fulfilling its promise to advance mining projects. Crystallex is in the final stages of environmental permitting for the Las Cristinas project and looks forward to the timely conclusion of the permitting process at MARN."

About Crystallex

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 and which is expected to commence commercial gold production in 2009 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and Amex (symbol: KRY) Exchanges.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including: statements relating to the estimated reserves and resources at Las Cristinas; anticipated results of drilling programs, feasibility studies or other analyses; the potential to increase reserves and expand production, at Las Cristinas; Crystallex's projected construction and production schedule, and cost and production estimates, for Las Cristinas; and management's statements regarding its expectations regarding mining in Venezuela. Forward-looking statements are based on estimates and assumptions made by Crystallex in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that Crystallex believes are appropriate in the circumstances. Many factors could cause Crystallex's actual results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: 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. These factors and others that could affect Crystallex's forward-looking statements are discussed in greater detail in the section entitled "Risk Factors" in Crystallex's Annual Information Form (which is included in the Annual Report on Form 40-F that Crystallex files with the United States Securities and Exchange Commission (the "SEC") and elsewhere in documents filed from time to time with the Canadian provincial securities regulators, the SEC and other regulatory authorities. These factors should be considered carefully, and persons reviewing this press release should not place undue reliance on forward-looking statements. Crystallex has no intention and undertakes no obligation to update or revise any forward-looking statements in this press release, except as required by law.

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


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

[setravis]

Gold will continue in a Bull Market.......
KRY will one day have it's day.


52wk Range: 1.95 - 6.25
Volume: 30,674,710
Avg Vol (3m): 3,184,800

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
30.58%above 13-day MA
27.82%above 50-day MA
RS Rating: 65 

Fundamentals
Earnings Expected on Apr 6

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

[usedcasting]

Crystallex Announces C$36 Million Bought Deal Financing>KRY.T
08:40 EST Thursday, Mar 29, 2007
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DOW JONES NEWSWIRES

Crystallex International Corp. (KRY) plans a bought-deal offering of 8.5 million shares at C$4.25 each for gross proceeds of C$36.1 million.

The Toronto-based gold producer said the syndicate of underwriters for the offering, led by Orion Securities Inc., will be granted an over-allotment option to purchase up to another 1,275,000 shares for 30 days from closing.

Crystallex plans to use the net proceeds to develop the Las Cristinas Project in Venezuela, to repay a portion of existing debt and for general corporate purposes.

The offer is expected to close on about April 24.

According to the TSX Web site, Crystallex has about 246.2 million shares outstanding.

[setravis]

Permit expected soon.......
Todd MacSween submits: Crystallex (KRY) could be within days of the environmental permit needed to start building their Las Cristinas gold mine in Venezuela.

The celebration for Crystallex shareholders is set to begin. After watching breaking news of Gold Reserves (GRZ) environmental permit being granted, shareholders of Crystallex were expecting instant approval as well. Since Crystallex is partnered with the CVG the process is taking a bit longer. Comments made by Gordon Thompson regarding getting the permit soon started to be questioned once again, but this time 'soon' really does mean soon. At the Latin American Mining Congress in Miami Gordon Thompson summarized their position to date.

The CVG submitted all official documents needed for the completion of the permit process 5 to 6 weeks ago to MARN officials. Reviews of these documents have taken place and as part of the final process a site inspection has occurred last Friday April 27th 2007. How soon can the permit be granted? Gold Reserve, owner of the Las Brisas mining concession, just recently went through the same process in order to obtain their environmental permit. Upon site inspection the permit was granted approx ten days later.

As stated by Gordon Thompson the permit is expected to be granted soon.



Support @ $3.97...3.80...3.67
Resistance @ $4.32

52wk Range: 1.95 - 5.26
Volume: 8,031,121
Avg Vol (3m): 4,099,440

Technicals
Most Actives
Percentage Gainer
MACD is Bullish

Last Price Quote is:
6.99%above 13-day MA
15.47%above 50-day MA
RS Rating: 96 

Fundamentals
Earnings Expected on May 10

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

[usedcasting]

Nice little run-up this morning! 

uc.

[setravis]

Press Release Source: Crystallex International Corporation


Crystallex International Corporation Will Propose PricewaterhouseCoopers as Auditor;
Thursday May 17, 12:31 pm ET


Annual & Special Meeting date changed to June 28, 2007


TORONTO, ONTARIO--(MARKET WIRE)--May 17, 2007 -- Crystallex International Corporation (Toronto:KRY.TO - News)(AMEX:KRY - News) - announced today that based on the recommendation of the Audit Committee, the Board of Directors will propose the appointment of PricewaterhouseCoopers LLP ("PwC") as its new independent registered public accounting firm to the shareholders for their approval at the upcoming Annual & Special Meeting. The appointment is subject to completing professional and regulatory requirements.


Crystallex has rescheduled the date of its Annual & Special Meeting ("meeting") to June 28th, 2007, so that the proposal of the Board of Directors can be included in the Annual shareholder meeting materials. The record date for shareholders entitled to vote at the meeting is May 22, 2007. The meeting will be held at 9:30am in the Windsor Ballroom, Le Royal Meridien King Edward Hotel, 37 King Street East, Toronto, ON, M5C 1E9.

About Crystallex

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 and which is expected to commence gold production in 2009 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY) Exchanges.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including: statements relating to the estimated reserves and resources at Las Cristinas; anticipated results of drilling programs, feasibility studies or other analyses; the potential to increase reserves and expand production at Las Cristinas; Crystallex's projected construction and production schedule, and cost and production estimates for Las Cristinas; and management's statements regarding its expectations regarding mining in Venezuela. Forward-looking statements are based on estimates and assumptions made by Crystallex in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that Crystallex believes are appropriate in the circumstances. Many factors could cause Crystallex's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including: 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. These factors and others that could affect Crystallex's forward-looking statements are discussed in greater detail in the section entitled "Risk Factors" in Crystallex's Annual Information Form (which is included in the Annual Report on Form 40-F that Crystallex files with the United States Securities and Exchange Commission (the "SEC")) and elsewhere in documents filed from time to time with Canadian provincial securities regulators, the SEC and other regulatory authorities. These factors should be considered carefully, and persons reviewing this press release should not place undue reliance on forward-looking statements. Crystallex has no intention and undertakes no obligation to update or revise any forward-looking statements in this press release, except as required by law.


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]

"KRY" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                            
All history on a stock pick in 1 thread is awesome.                           
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                   
Thank You....and good luck with all your trades....make some $$$         


I will leave you with Friday's closing while I'm in this thread.......     

[setravis]

Rebounding.......
This company is highly speculative but this may be good time to speculate. Downside limited and upside high.
Company commented on August 20 that the company is not aware of any adverse corporate developments - other than general stock market conditions - which could account for the recent trading activity and that, to its knowledge, the process for the issuance of the environmental permit for Las Cristinas remains on track.
Progress seems to move slow for our friends across the border. Must be the hot weather! 
Be patient and wait for good news...

52wk Range: 2.22 - 5.25
Volume: 2,989,600
Avg Vol (3m): 3,122,040

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
1.24%above 13-day MA
-13.89%below 50-day MA
RS Rating: 5 

Fundamentals
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]

Bought KRY Friday @3.21 Chart looks ready for the next run up

[wrangler]

Bought KRY Friday @3.21 Chart looks ready for the next run up

Getting a lot of buyers on this one today. Shouldn't be to much longer till it gets back at my buy price. Over 10 million shares so far.