Buy KRY

Search

New member
Joined
Feb 19, 2007
Messages
505
Tokens
<location value="LU/ca.on.tornto" idsrc="xmltag.org">Hey guys do your DD and you'll find that this stock is ready to breakout within a week or two. Huge upside potential. The company is getting ready to issue a mining permit. IMHO the stock will be worth between 4-6 bucks within a couple of months if not sooner. Stock is at 90 cents now.
</location>
<location value="LU/ca.on.tornto" idsrc="xmltag.org">
</location>
<location value="LU/ca.on.tornto" idsrc="xmltag.org">
</location>

<location value="LU/ca.on.tornto" idsrc="xmltag.org">TORONTO, ONTARIO</location> -- (MARKET WIRE) -- <chron>06/24/08</chron> -- <org value="AMEX:KRY" idsrc="xmltag.org">CRYSTALLEX INTERNATIONAL CORPORATION</org> (TSX: KRY)(AMEX: KRY) wishes to advise that on <chron>June 18, 2008</chron>, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> was invited to a meeting by representatives of the <org>Ministry of the Environment</org> ("MinAmb"), led by Vice Minister of Environmental Planning and Administration, Ing.
Merly Garcia. At this meeting, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> was informed that MinAmb was instructed by the Government to reconsider issuance of the Las Cristinas Environmental Permit to Affect Natural Resources (the "Permit") by discussing with <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> possible modifications of the Las Cristinas project, which could enable the Permit to be issued. The modifications suggested by the MinAmb representatives fall within three main categories: (i) further optimising the social projects in the area, (ii) mitigating the impact of open vein deposit mining in the currently affected areas of the Imataca, and (iii) improving the remediation plans at the end of the mine life as well as to remediate the existing environmental damage caused by the illegal miners who have worked in the area. The MinAmb representatives stressed the importance of expediting the submission of details relating to the suggested request for modifications in order to enable prompt resolution of the Permit.
In addition, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> has received the official minutes of the meeting held at the Permanent Committee for the Economic Development of the National Assembly at the public hearing held on <chron>June 4, 2008</chron> to discuss the delay of the Las Cristinas project. At the meeting, representatives of the <org>Ministry of Mines</org> ("MIBAM") confirmed support for <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> and its compliance with all procedural and administrative steps up to the denial of the permit by MinAmb. The resolution issued by the Committee states that the Las Cristinas project has been in development for a significant period of time with the support of different branches of the Government. The resolution further notes a lack of coordination between the various Government branches, which it suggests should be resolved in light of the macroeconomic policies and goals of <location value="LC/ve" idsrc="xmltag.org">Venezuela</location>, as well as the social needs of the people and the pre-existing environmental damage.
It is too early for <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> to forecast how this issue will be resolved, but it is encouraged by the support from the Venezuelan Government and National Assembly. <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> welcomes the opportunity offered by MinAmb to help create additional solutions to the extensive environmental damage that already exists due to illegal mining in the Las Cristinas area, and to improve the project in order to respond to issues raised by MinAmb.
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Hang in there....

This stock has always been heavily manipulated by MM.

It's down to 75 cents today because of no news yet regarding permit. Don't get scared if you bought.

Hold on.... Permit is coming shortly, which will make stock fly!

I suggest for those of you who want a speculative stock with little downside nows your chance to buy at 75 cents. Upside is huge.
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
great action today as permit gets closer!!

Great news today. Action is great too. Were up about 10% so far today. When permit is announced stock will dramatically jump. Keep an eye on this stock. Up to 87 cents now opened at 80 cents. Permit is close!!


> IN BREAKING NEWS: Las Cristinas details finalized; Chavez could
sign
> off on deal "within hours ... or at the most days!"
> IN BREAKING NEWS: A senior executive source has revealed that all
> details related to Toronto-based Crystallex International and its
> exclusive mine operating contract with the Venezuelan Guayana
> Corpporation (CVG) at Las Cristinas have been finalized and that
> President Hugo Chavez Frias has now been asked to sign-off on the
deal
> to allow an immediate start-up of the gold-mining project in
> southeastern Venezuela's Bolivar State. A company source is claimed
to
> have said that the sign-off is really close ... "it could be
minutes,
> hours or only a few days at most!"
>
> VHeadline Venezuela News
> vheadline@...
>
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Meh, IMO the KRY ship sailed a long time ago. Regardless, good luck. I hope it comes back.

Thanks. I feel very good about this play. We've been waiting a long long time for this permit.
Huge upside potential with a speculative stock like this. We need permit though.
 

New member
Joined
Oct 17, 2005
Messages
931
Tokens
Thanks. I feel very good about this play. We've been waiting a long long time for this permit.
Huge upside potential with a speculative stock like this. We need permit though.

How long has this permit saga been going on for? Hasn't it been like 3-4 years? I may be mixing this up with someone else though.
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
How long has this permit saga been going on for? Hasn't it been like 3-4 years? I may be mixing this up with someone else though.

It's been about 3 years, but the crazy part is that they've been exploring that gold site for 15 years. The permit is such a big event for this company that when it comes trading will be halted.
I'm telling you this stock has short term potential to get in the 5-6 dollar range if not higher.
The stock has been as high as 6 dollars without permit, imagine what it will be worth with the permit. They can finally get the gold out of the ground. There is over 17 million ounces of gold in the ground! That's huge! Stocks at 91 cents now!
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Stock up to $1.00 today! Opened at .85 cents

Nice run up so far today. Something is brewing. Stock is up 17% today.

No word of permit yet, might be a news leak for this type of action.

Keep your eyes on this stock.

Permit must be close.
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Up 38% today!!!!

What a killer finish from 85 cents to 1.19.

Permit must be coming anytime now!!

Please read beginning of post. Stock will be worth 4-6 dollars IMHO upon permit approval.

Is there anyone out there who owns Kry!!

Who is making money and following me!!!!. Am I alone????:103631605
 

New member
Joined
Oct 17, 2005
Messages
931
Tokens
Very nice pop, congrats.

Remember that there was a similar pop in June and it went right back down. Don't be afraid to take some off the table, nobody ever went broke taking a profit.
 

Reppin' the 305
Joined
Jul 6, 2008
Messages
149
Tokens
GREAT PICK. I follwoed....just want to know wnen to get out...always the hard part.
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Thanks!

Very nice pop, congrats.

Remember that there was a similar pop in June and it went right back down. Don't be afraid to take some off the table, nobody ever went broke taking a profit.

I appreciate your support. I've been long on this stock for about 4 months now.

My average cost is around one dollar.

I'm not selling yet. I know we are going to see a big upswing upon permit approval and possible buyout.:103631605
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Don't panic. Keep holding.

GREAT PICK. I follwoed....just want to know wnen to get out...always the hard part.

I'm very happy you followed along. Please do not sell. There might be profit taking tomorrow, but hold.

Let me explain why you should hold. This company is on the verge of receiving their mining permit for gold. Gold is on the verge of breaking out as we speak. In addition, I've got some intel and my intel says that the permit is coming very soon. This stock could pop to over 4 dollars within a couple of months.

Hold on. Don't sell yet, just be patient and don't worry if we dip tomorrow. The big money is when the permit is announced. They will halt trading when the announcement is forthcoming. I'll keep updating this board regarding more news.

FYI-Read my posts regarding my thoughts of this stock. It should bring comfort to you. Good luck to us!:aktion033
 

New member
Joined
Oct 17, 2005
Messages
931
Tokens
I appreciate your support. I've been long on this stock for about 4 months now.

My average cost is around one dollar.

I'm not selling yet. I know we are going to see a big upswing upon permit approval and possible buyout.:103631605

Okay, press it up then. GL man.
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Update on permit

Press release issued today in short letting Kry know that they have complied with all of the requirements. Permit is imminent!

Today we had a run up to 1.38. Yesterday you recall we opened at 85 cents and closed at 1.19; profit taking has brought it down to as low as a dollar but we are back to about 1.10 now. As soon as official announcement of permit this stock will soar!! We are very close to announcement!:103631605




<table class="PressReleaseTableWidth" border="0" cellpadding="0" cellspacing="0"><tbody><tr><td class="DetailLeft" width="80%">Crystallex

Updates Shareholders on the Las Cristinas Project and a Letter From the Ministry of Environment

</td> <td class="DetailRight" align="right" nowrap="nowrap" width="20%">8/22/2008

</td> </tr> <tr> <td colspan="2"> Download this Press Release
</td> </tr> <tr> <td colspan="2">
<location value="LU/ca.on.tornto" idsrc="xmltag.org">TORONTO, ONTARIO</location> -- (MARKET WIRE) -- <chron>08/22/08</chron> -- <org value="AMEX:KRY" idsrc="xmltag.org">CRYSTALLEX INTERNATIONAL CORPORATION</org> (TSX: KRY)(AMEX: KRY) wishes to advise its shareholders and stakeholders that it has received an official letter from the <org>Venezuelan Ministry of the Environment and Natural Resources</org> ("MinAmb") in response to the report on modifications to the Las Cristinas project ('report") submitted to MinAmb and referred to in the <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> press release of <chron>August 14th</chron> 2008. The communication from the Vice-Minister of MinAmb, notified <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> that MinAmb has reviewed the Report submitted by <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> and finds that the proposals in the report are viable and conform to the Environmental and Social guidelines of the Venezuelan Government. The Ministry further advises that these findings must be taken into account with respect to the decision the government is to take regarding the Environmental Permit ("Permit") for the Las Cristinas project.
Although the letter from MinAmb does not formally address the Appeal procedure initiated by <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> in May, 2008, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> has been advised by Venezuelan Counsel that in practical terms this letter supersedes the effects and position of the April, 2008 letter from a Director General in MinAmb denying the request by the Corporacion Venezolana de Guayana ("CVG") for the issuance of the Permit for the Las Cristinas gold project.
Background
On <chron>April 30, 2008</chron><org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> reported that it was advised of a letter from a Director General in MinAmb denying the CVG request for the issue of the Las Cristinas Environmental Permit. On <chron>May 12, 2008</chron>, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> submitted a formal rebuttal of the Permit denial letter to the Director General and on <chron>June 17, 2008</chron>, submitted an appeal directly to the Minister of MinAmb.
On <chron>June 24, 2008</chron>, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> was invited to a meeting attended by representatives of MinAmb including the Vice-Minister. At the meeting, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> was informed that the Vice-Minister and MinAmb had been instructed by the Government of <location value="LC/ve" idsrc="xmltag.org">Venezuela</location> to reconsider the issuance of the Las Cristinas Permit. To that end, discussions with <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> for possible modifications to the Las Cristinas Project to diminish the environmental impacts of the project and thus enable the Permit to be issued began. The modifications suggested by the MinAmb representative fell within three main categories:
- Further improvements to optimising the social projects in the area.
- Mitigating the impact of open-vein mining in the currently affected areas of the Imataca Forest Reserve.
- Improving the remediation plans at the end of the mine life as well as repairing existing environmental damage caused by illegal mining.
The Company prepared a report which addressed these three areas and which was submitted to MinAmb earlier this month. In addition, as a part of the process towards the issuance of the Permit on <chron>August 7th</chron> and 8th, 2008, a team from MinAmb led by the Vice-Minister completed a site visit of the Las Cristinas Project. As part of this visit, the team inspected the social projects including the medical clinic and sewage treatment facility which are both currently under construction.

Commenting on the letter, Mr.
Robert Fung, <org value="AMEX:KRY" idsrc="xmltag.org">Crystallex</org> Chairman and CEO stated, "We are very pleased to receive this formal correspondence moving the process toward our goals of the issuance of the Permit and the subsequent construction phase of the Las Cristinas Project."
</td></tr></tbody></table>
 

Reppin' the 305
Joined
Jul 6, 2008
Messages
149
Tokens
Great news. I'll hang tight and keep checking this thread for more info.
 

Reppin' the 305
Joined
Jul 6, 2008
Messages
149
Tokens
Been getting beat u a bit lately. Any insight as to why? No worries here I'm long and strong.....
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Not to worry stock continues to move higher, still a great buy!!

Been getting beat u a bit lately. Any insight as to why? No worries here I'm long and strong.....

Basically the weak retail hands are selling off. People in the know like myself and the institutions are scooping up shares when the stock trends down.

I'm buying more shares tomorrow. I believe tomorrow will be another green day with great volume. Here's a great chance to buy before the stock gets its permit.

The permit is close I just can't say exactly when it's coming. Just hang on because when the permit comes trust me the stock will fly high, that I will guarantee you!!:103631605
 

New member
Joined
Feb 19, 2007
Messages
505
Tokens
Stocks up nice this morning with great volume!

Opened at $1.14 currently at $1.27. Went as high as $1.40.

Great volume, over 2.5 million shares in only a little over 2 hours trading.

Hope you guys have been buying!:103631605
 

Forum statistics

Threads
1,120,309
Messages
13,580,106
Members
100,960
Latest member
rootytrip
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com