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

To: Blue_Horseshoe who wrote (6998)	3/18/1998 12:42:00 PM
From: chevalier	Read Replies (1) \| Respond to of 10836

I do not believe that the market discounted the loss of LC in the price of Placer. It is unusual for the stock to be up in price on a day where every other major producer is down in price and the price of bullion is off a couple of bucks on the announcement of Begium Central Bank sales. Based on the closing price of KRY today at the halt I think it would be foolish to be bullish on a stock that dropped from the mid $11's to $4.50 in a very short time. Something is definitely wrong here, and there is more to the price drop than just some insignificant speculator out of New York calling it a short and some supposedly meaningless official from Venezuela stating that they do not have title. As I no longer have a position, I hope that I am wrong for all the longs in the stock, but again PRICE ACTION tells me otherwise.