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Gold/Mining/Energy : Crystallex (VSE:KRY)

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To: Bobby Yellin who wrote (3)9/2/1996 1:14:00 PM
From: Ken Benes   of 60
 
I have owned this stock for over a year and to be quite honest I am becoming concerned about the management. Every year they insist that production on the Albino will be about 40 thousand ounces a year once they fine tune the plant. They never come close to those numbers and the plant is perennially being relined or shut down for modification. What I do know is they had a high grade zone that they mined last year. When the ore was depleted the plant shut and has not operated since. Production if there is any this year is going to be nil. Further the individuals they hire for promoting the stock have dubious records and have been affiliated with other stocks that had spectacular properties but never quite made it. Quite honestly, I am beginning to believe this stock represents a cleverly packaged manipulation.

Ken
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