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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: flightlessbird who wrote (4495)	1/26/1998 7:04:00 PM
From: Islander	Read Replies (3) \| Respond to of 10836

SHORTS! COVER NOW! GO LONG! Now that I have your attention, consider the following: 1. The gold sector as a whole came under a little pressure today as spot gold came off its highs on long profit taking. However, spot gold still finished up from Friday's close. Clinton's strong statement today vis-a-vis 'the allegations' supported the dollar, and gave reason for gold profit taking. The volume on kry was up from FRIDAY and there was strong support buying. End of TECHNICALS. 2. FUNDAMENTALS: PDG gave you a warning last week as to what was going to happen. Take heed. PDG owned Minca 'suspended' operations at LC 4&6 pending the court ruling. Wilson deemed this the "prudent thing to do". A far cry from the Ribbon cutting ceremony which arrogantly flew in the face of the pro-KRY SC decisions of last year. Today, PDG issued a press release emphasizing lower costs in producing and itemizing a certain number of their operations for which they have expectations. Las Cristinas was not mentioned. Also today, it has been reported that the principals of KRY, Fung, Oppenheimer, Nihon, have all now as of this evening flown to Caracas. There are reports indicative of a unanimous 5/5 SC Ruling in favor of KRY, the draft of which has been prepared. The executive of KRY was invited to Caracas at the behest of the Ven Government. The current case before the SC is a matter of perfection of LC 4&6 title that was intitiated by Mael/Kry, the title ownership of which was established by this very same SC, and chaired by the same judge, Cecelia Gomez, three (3) times. Put it all together: PDG smoke screen, PDG bow-out, pro-KRY ruling, joint Ven Govt./KRY statements - ALL in the next couple of days. The funds will buy on the news;fiduciary responsibility by and large forbids them to do this until then. With 2.7 million declared shorts trying to cover, you will be in for tough sledding. Good Luck.