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

To: Bill West who wrote (7206)	3/20/1998 12:53:00 AM
From: Pietro Manniello	Respond to of 10836

Good Tidings! In post Message 3596149, I merely copied the press release of the analyst who claimed that Crystallex and did not engage in high negativity. Even when I subsequently advised people to liquidate, I was always reserved in my approach to this delicate situation. The result is that those people who listened to me saved themselves a great deal of money. I had promised to alert the forum to an alternative investment which was under $1 and would have been an excellent swap, but, while the property is 100% "grade-A", the company's management is not. Therefore, I must remain silent on that potential jewel for the time being. Crystallex is at a crossroads. It may not have Las Cristinas, but it still has cash and can invest it wisely and save the company. If they do so quickly, the money can be spent creating value, instead of lining the pockets of no-good lawyers! Nonetheless, I must advise those currently holding the stock, particularly those with locked in profits, to lighten up, if they haven't done so already. Cash is as good a place as any to be now. Another investment option is a small, obscure, cash-rich and well connected junior company that trades on the Montreal Exchange. Unbelievably, this company, with a market cap under $32 million, is currently financing Falconbridge in Zimbabwe! If you know what Kidd Creek in Timmins was, then you know what this company might have. Out of respect to Crystallex forum members, I will not mention the company's name nor will I place the http on this forum. If you want to know the name of the company, call Falconbridge and ask them who is funding them in Zimbabwe. I sincerely hope that Crystallex management turns this around or spends your money in a prudent, creative fashion. Good luck!