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


To: Syncrude who wrote (9552)7/30/1998 8:23:00 PM
From: Jerry Collins  Read Replies (2) | Respond to of 10836
 
Caracas foreign correspondent Roy Carson offers a breathless report on the activity of guests at the Caracas Hilton and advises his e-mail subscribers that everything is as it should be . . .

.
Carson says Oppenheimer to meet with minister

Crystallex International Corporation
KRY
Shares issued 34,000,000
1998-04-28 close $5.8
Tuesday Apr 28 1998
Crystallex Inernational's good-news reporter Roy Carson, writing in an April 28
VMI Briefing e-mail transmission from Caracas, Venezuela, reports that KRY
president Marc Oppenheimer is in the capital for a meeting with the Minister of
Energy and Mines, whom he does not name. The Irish journalist, who has an easy
rapport with senior KRY management, tells his subscribers not to expect much
news from Mr. Oppenheimer's visit because of confidentiality agreements between
KRY and the ministry. Many of Mr. Carson's subscribers are anxious for
favourable word from the supreme court, which has been mulling an appeal by
Crystallex in a case relating to mineral rights at Placer Dome's Las Cristinas 4 & 6
concessions. Referring to the court's long-delayed decision and the secrecy
surrounding the KRY president's meeting with the minister, Mr. Carson says he is
"advised that the situation is well under control by both sides, as will be shown
when full details are released for publication." Advises Mr. Carson: "There is
nothing now to do but wait, no matter how impatiently."

(Copyright Stockwatch)

Jerry Collins
CSW



To: Syncrude who wrote (9552)7/30/1998 9:51:00 PM
From: Vancouverite  Respond to of 10836
 
Is Stockwatch going to be excluded from all news releases by VSE companies ?

IN today's Financial Post there was an article on page 5 entitled
"News services fight over VSE releases"
Part of the article says:

"Canadian Corporate News Inc. has complained to securities regulators about a controversial alliance
between a competing news service and The VSE.

CCN says the alliance will give competition Canada News Wire Ltd. a monopoly over news emanating
from VSE companies.

Starting Sept 1st companies listed on the VSE must file releases electronically to the exchanges
internet web site. The VSE will then transmit them to CNW for distribution across Canada."

The story said that "other" news services were also upset. I am wondering if CSW is one of those
complaining. If they are, I say ain't that too bad. Maybe this means that The VSE is finally going to take
responsibility and put an end to faulty or misleading news releases in an effort to improve their image ?
Perhaps they will also put an end to irresponsible reporters who have personal vendettas against
innocent companies.

I only wish that for every time SW ran one of their stories designed to discredit Crystallex, that
everyone of those who are long on the company and frequent other threads would try to put the same
negative slant against CSW in their comments about this service ( or should I say dis-service ) in an
effort to show them that these kind of campaigns can backfire on them.

If the above is true, then I wonder if you all remember my comments a few weeks ago when I said I
would take bets that Crystallex will outlive CSW ?