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Gold/Mining/Energy : Crystallex (KRY)

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To: PRO TRADER who wrote (5412)2/18/1998 9:13:00 AM
From: Mr Metals  Read Replies (1) of 10836
 
Crystallex International Corporation -

Globe says analyst's sell recommendation attributed to price decline

Crystallex International Corporation KRYShares issued 282249291998-02-17 close $9.6Wednesday Feb 18 1998The Globe and Mail reports in its Wednesday, February 18, edition that Crystallex International's shares lost ground yesterday in heavy trading. The Globe's Market movers column says the stock, trading at less than $5 a month ago, fell as low as $8.60 during yesterday's session. In excess of one million Crystallex shares changed hands, more than three times the daily average. Vancouver based analyst Dorothy Atkinson attributed the sharp drop yesterday to an Internet newsletter. The Grandich Letter, published by New Jersey based mining analyst Peter Grandich, advised clients to reduce their holdings of Crystallex. Crystallex announced yesterday that its chairman, Philip Lacerte, had resigned and is being replaced by Robert Fung, a former vice chairman of Gordon Capital. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals
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