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

To: viper who wrote (5391)	2/17/1998 5:32:00 PM
From: charred	Respond to of 10836

To all: I saw that the stock has dropped today. Last weeks rise and today's drop doesn't affect the future of this company. The Venezuela court will make that decision. The market cap for this company is based only on the speculation that KRY might win the LC deposit. If they win the KRY stock could be $14- 17CDN. If they lose, it will be $2-3CDN. Therefore the longs should hold on to the stock because of your belief that KRY will eventually win. For shorters hold your position because of your belief that Placer will win. I feel there is more profit to be made shorting this stock at $10CDN than purchasing it at $10CDN. It will be an interesting day when the decision comes. This thread will be very active. I still don't quite understand the today's changes in the Board. I felt that when Ruiz left, that was a reason to short the stock. Any comments on today's changes.