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Gold/Mining/Energy : Crystallex (KRY)

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To: grampa who wrote (10712)9/9/2002 10:03:56 AM
From: Syncrude  Read Replies (2) of 10836
 
grampa,

Read the release. Crystallex only gets to operate LC.

We still need to see the actual details.

So far the market response has been luke warm, considering the number of years that such a development had been expected.

As well, Vannessa/Placer Dome still have legal moves to complete.

On top of all of this, the political situation in Venezuela needs to be monitored.

So all in all, good for the short terms traders (long and short) but not yet favorable for the buy and hold crowd.

There is much more that needs to be known to fully assess the situation.
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