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

[setravis]

Gold is above the 50 day.
Someone told me KRY was an awesome buy, be happy
and watch it go go go.Hum....we shall see.

http://stockcharts.com/def/servlet/SC.web?c=kry

[stocky]

If you are looking for gold plays then I will recommend looking at GG, it has the best fundamentals and its chart is more bullish then the rest.

Gold stocks are affected by the Gold commodity price thus one need to watch bullion future also.

I donot have a position in KRY or GG.

[setravis]

Thanks Stocky......I will check out GG.

[john b mcginnis]

I bought KRY @ bottom fishing yesterday. Up 20%.

[usedcasting]

It's all politics right now. Whether President Chavez will allow the contracts to go throught are not is a crap shoot. Lots of press from both sides. Quite entertaining.

Good weekend all!

uc

[john b mcginnis]

KRY has been moving up significantly the past two days. KRY had a significant drop on Sept. 20th due to president Chavez of Venezuela Making the statement" He wasn't going to approve Gold mining permits of foreign mining companies. The story can be found here http://biz.yahoo.com/ap/050920/venezuela_gold_mine.html?.v=2  But, the table has turned, In another story, Venezuela backed off the threat of denying liceincing permits. Investors are waiting for the government to approve their permit to develop the Las Cristinas project in Bolivar State.
I bought in @ 1.50. I can not figure out how to copy and paste a chart, so I included a link below.
                             http://stockcharts.com/def/servlet/SC.web?c=kry

                                                 BUSINESS SUMMARY   
Crystallex International Corporation engages in the exploration for, mining, and production of gold. It conducts these activities primarily through mineral concessions that it owns or controls in Venezuela. The company's principal asset is its interest in the Las Cristinas Project located in Bolivar State, Venezuela. Its other assets include the Tomi operations; the Lo Incréible operations, which include the La Victoria deposit; and the Revemin mill and the Albino project also located in Bolivar State. As of December 31, 2004, the Las Cristinas Project had 333,638 tonnes of proven and probable gold reserves. The company was incorporated in 1984 and is headquartered in Toronto, Canada.

[Ramsburg]

Hi john,

It looks like a nice pick.
Strong technical setup, breakout today.. I see only a little resistance level @ $2.34

applaud

[john b mcginnis]

Thanks Fredrick,  I thought about KRY for the stock picking contest when it was @ 1.50
Wish I would have!

I came across the photos of you and David wearing 3Stocks tee shirts. It's nice to place your faces with the names and posts!

[Ramsburg]

Thanks Fredrick,  I thought about KRY for the stock picking contest when it was @ 1.50
Wish I would have!

I came across the photos of you and David wearing 3Stocks tee shirts. It's nice to place your faces with the names and posts!

hehehe... thanks... The photos are not very good, we used my cell phone... we have to post some picture on a sunny day outside the office.

regards,

[john b mcginnis]

Out yesterday.
http://www.antandsons.com/blogger.html

November 29, 2005
Crystallex International Mining Permit Appears Secure

After the last earnings announcement, Crystallex's (AMEX: KRY) President and Chief Executive Officer, Todd Bruce, of Crystallex said that "the company and its shareholders have been affected by the stress resulting not only from the extended permitting process for the Las Cristinas project, but also from the all too successful efforts by some sectors of the media to misrepresent the Venezuelan Government as having an agenda to drive out foreign investors, nationalise the mining industry and terminate existing valid contracts. However, our confidence in the Venezuelan Government's commitment to honour its contractual commitments remains strong and has, in fact, been reinforced by various recent events." Since extensive meetings with senior government representatives have taken place time and time again, upper management has expressed confidence that the permit for Las Cristinas will be secured. With this in mind, it is obvious to see that the market has started to believe this as well, and that the smart money has begun to heavily accumulate Crystallex shares. There should be no doubt that the permit for Crystallex is imminent and that its share price will continue to reflect this optimism.

posted by Ant & Sons @ 4:40 AM

______________________________________________________________________________
WHEN the news comes out on Crystallex (KRY) "Permit granted" I'm expecting a 1 bagger maybe more!

John

[setravis]

EliteG.."The Wizard", has got this picked in his portfolio.
Let me take a watch. 

[setravis]

Press Release Source: Crystallex International Corporation


Crystallex International Corporation - Press Release
Thursday December 1, 10:35 am ET


TORONTO, Dec. 1 /CNW/ - Crystallex International Corporation (TSX/AMEX: KRY) 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 release.

For further information

Investor Relations Contact: A. Richard Marshall, VP at (800) 738-1577 or Email us at: [email protected]

[setravis]

Action today....price and volume....

[setravis]

Gold still above the 50-dma, seems to be resting on the 13-dma.
KRY took out the 50-dma nicely,let's see what it can do approaching the 200-dma.

Support @ $2.15...1.97...1.80
Resistance @ $2.45...2.72...3.14
Recent CandleStick Analysis
Bearish
Nov-30-2005 Bearish Harami 

Technicals
Most Actives
Percentage Gainer
MACD is Bullish..........
Stochastic is Bullish..........

Last Price Quote is:
22.19%above 13-day EMA
30.89%above 50-day EMA
RS Rating: 18 

Fundamentals
Key Data:
Market Cap (M): $660.93 

[calven]

KRY chart