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


To: Dan P who wrote (4538)1/31/1998 10:33:00 PM
From: doby  Read Replies (2) | Respond to of 10836
 
Hello Daniel: It's nice to see you back. Thanks for sharing your exchange of conversation with marshall.

Yesterday's Financial post had a brief writeup you might be interested in. This may of contributed some, to kry's big increase.

Venezuelan output plan boosts Crystallex shares

By IAN KARLEFF
The Financial Post

Crystallex International Corp. (KRY/TSE), up $1.40 to $7.60, on volume of 1.3 million shares. Placer Dome Inc. (PDG/TSE), down 70› to $19.10, on volume of 876,174 shares.
Crystallex said Friday it will raise its gold output in Venezuela fivefold within two years regardless of the outcome of its legal challenge to the ownership of Las Cristinas -- the country's largest gold deposit at 11.8 billion ounces.
The firm is awaiting a Venezuelan Supreme Court decision on whether to hear Crystallex's suit, which seeks to gain control of Las Cristinas from a joint venture between Placer and Corporacion Venezolana de Guyana.