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Why, cuz he isn't operating on your timetable.
That's probably the scammer's intent - and makes it all the worse if this is confirmed to be a scam. Using promise of cancer curing research as a platform for greed....
Think about the interesting twist here, ABVG a gold company (what is more greedy than gold) turns into PHMB a cancer research company (not many better pursuits than curing/treating cancer). Twisted minds think in twisted ways.
Man what a scam - I feel bad for those that thought this company had turned over a new leaf. Let's hope that they don't continue to profit of off invester naivete. This one should just be shut down IMO. EOM.
Just sit back, relax, make some popcorn and watch the show unfold beginning next week
Anyone else just see that 250,000 buy at .21? Interesting...
C-Jim, you have multiple personalities. One minute you are all gloom and doom, the next you are "maybe I'll pick up some .0002s."
PINR, right now, we have seen .0001, .0002 - .0003 is waiting and ready to go higher with news. We know news will come because the Holiday season is approaching.
Unfortunately, when this was ABVG, the same type of things were said ("scam"), the same type of responses were given ("unfounded speculation") and the end result was shareholders who invested lost a lot of money. The problem with this shell is that it will never lose the stink of all those failures.
Report out - not sure what impact it will have with respect to KRY, but market is reacting it seems:
CARACAS, Nov 5 (Reuters) - Venezuela will take over Canadian miner Crystallex's Las Cristinas gold project, one of Latin America's largest, the latest move by President Hugo Chavez to bring key industries into the hands of the state.
Venezuela's mining ministry said the government aimed to start up the mine next year.
"This mine will be recovered and will be operated under state administration," the ministry said in a statement.
Crystallex, which operates the project under a contract, has waited for years for permission to begin mining the Las Cristinas deposit, located in a huge forest reserve in southeastern Venezuela.
Socialist Chavez has nationalized large swaths of Venezuela's economy, including energy, telecoms and steel companies. (Reporting by Frank Jack Daniel; Editing by Christian Wiessner) ((frank.daniel@thomsonreuters.com; +58 212 277 2656; Reuters Messaging: frank.daniel.reuters.com@reuters.net)) Keywords: VENEZUELA CYRSTALLEX/
Going under? It has been like this for months - not going anywhere
Someone took a big dump....
on our way up .115 x .12
It's related in the fact that a lot of people are selling and taking losses and moving that cash into financial stocks
Hopefully when that run is over the money comes back here and drives this undervalued gem back up.
4s up on bid to discourage selling - not going to be any buying at that level - volume first, price later, I think afternoon this will fly higher
Most of I-Hub on BCND today - should fly IMO
.15 x .155?
News probably out this afternoon for late run or early tomorrow. Looks like some people starting to load up on 4's and 5's for the run
You mean after the company and others have taken your hard earned money - then you can call it what it is? Ha ha.
Has anyone put this company on the pump and dump/ reverse split/dilution crap warning list board?
HLT stop perpetuating the scam
I was in GCOG earlier this year and sold too soon after making a little over a double. Then I tried to get back in, but scottrade restricted it as it shot up to almost 2 cents....
Interesting: looks like scottrade has restricted purchase of PINR shares online.
here doggie....sit doggie, what no clinics? poor doggie....
Citigroup highlights ‘pockets of opportunity’ in quality copper and gold mine developers
While the momentum phase of the mining/metals “Supercycle” is in abeyance, Citigroup asserts that “pockets of opportunity” exist for investors in M&A in “quality mine developers”, metallurgical coal and mid-tier steel.
Author: Dorothy Kosich
Posted: Friday , 29 Aug 2008
RENO, NV -
Although they note that mining and metals have suffered "amid dour re-calibration of global macro forecasts, and a dollar-driven exodus," Citigroup metals analysts suggest that, "by year-end portents of doom will likely shift to pro-cyclical assessments, ‘If this is as bad as it gets, that's pretty good."
Nevertheless, analysts John Hill, Graham Wark and Liam Fitzpatrick warned that mining and metals "will likely remain rangebound, awaiting either macro or supply/demand catalysts."
Citigroup asserted that "there are pockets of opportunity" which include late-stage plays such as Nucor in steel "where scrap spreads indicate upside to EPS," Peabody in "coal based on exports & looming PRB inflection;" Freeport, which is benefitting from severe copper supply constraints; structural changes in aluminum; and " M&A in metallurgical coal, mid-tier steel, and quality mine developers."
In an analysis published Wednesday, Citigroup analysts said they are updating the company's proprietary database of more than 80 copper, gold and silver projects.
In their research Citigroup noted delays on major committed cooper projects are averaging 6-12 months. "As recent additions were unable to offset depletion and 2007-08 demand growth, we do not expect new projects to materially alter the severely constrained copper supply picture. This gives minimum 2 years of visibility to supply adds, with material downside from underperformance of operating mines due to labor strikes, productivity issues, pit wall failures etc."
Meanwhile, Citigroup's research revealed that delays on major uncommitted projects, such as Oyu Tolgoi and Galore Creek, are from one year to indefinite postponement.
"At face value, there appears to be ready availability of copper geology projects delivered as advertised. However, we expect that a combination of frictional barriers (limited supplies/manpower) and explicit factors (political, infrastructural, and other site specific factors) will result in further multi-year delays among uncommitted projects," according to the analysts.
While financing risks remain a concern, nevertheless, Citigroup noted that "active M&A in the past few years has seen the better projects move to the hands of capable developers. Strong cashflows of acquiring companies will help these companies secure financing despite tight credit market conditions."
GOLD
In their analysis, Citigroup found that mine supply is less relevant to gold prices.
Meanwhile, the analysts noted that "there are many smaller miners (<400,000 oz/year) planned near term and relatively few larger scale projects."
"M&A among gold developers has been less fervid than in Copper," they said. "This is likely related to political factors (tougher locations) as well as commodity outperformance that provided copper mines excess cashflows, plus better ROI (return on investment) on projects."
"Gold mines tend to show high cash margins but poor ROI due to short mine lives," Citigroup advised. "As such, the wave of M&A for gold developers has been less impressive with more current availability of single asset gold developers. Key examples that could be considered targets include Osisko and Detour Gold in Canada, Minefinders and MAG Silver in Mexico, Guyana Goldfields in Guyana, Crystallex and Gold Reserve in Venezuela, and Greystar Resources in Colombia, among others."
Meanwhile, Citigroup noted that "financing risks are a bigger concern for gold developers as the senior gold companies are less flush with cash than copper competitors. This will likely result in more juniors attempting to go to construction with others banding together."
The analysts also found that the higher capital cost trend is less clear in gold "where there is a greater variance in mine life (more short lived operations)."
"Recent updates suggest upfront capital costs per annual ounce of $1,000 to $2,000/oz per life-of-mine ounce or about $125-$150/oz (excludes sustaining capital). New feasibilities are likely to step higher," Citigroup concluded.
http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=60985&sn=Detail
BCND .0008
GGLB uptick .0006 x .0009
Rumor has it that this company has never been anything but a pump/dump/ruse....I wonder if dogs can smell that?
PR out, which explains EOD activity yesterday as news prob leaked - no permit....yet.
Aug 22, 2008 08:11 ETCrystallex Updates Shareholders on the Las Cristinas Project and a Letter From the Ministry of Environment
TORONTO, ONTARIO--(Marketwire - Aug. 22, 2008) - CRYSTALLEX INTERNATIONAL CORPORATION (TSX:KRY)(AMEX:KRY) wishes to advise its shareholders and stakeholders that it has received an official letter from the Venezuelan Ministry of the Environment and Natural Resources ("MinAmb") in response to the report on modifications to the Las Cristinas project ('report") submitted to MinAmb and referred to in the Crystallex press release of August 14th 2008. The communication from the Vice-Minister of MinAmb, notified Crystallex that MinAmb has reviewed the Report submitted by Crystallex 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 Crystallex in May, 2008, Crystallex 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 April 30, 2008 Crystallex 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 May 12, 2008, Crystallex submitted a formal rebuttal of the Permit denial letter to the Director General and on June 17, 2008, submitted an appeal directly to the Minister of MinAmb.
On June 24, 2008, Crystallex was invited to a meeting attended by representatives of MinAmb including the Vice-Minister. At the meeting, Crystallex was informed that the Vice-Minister and MinAmb had been instructed by the Government of Venezuela to reconsider the issuance of the Las Cristinas Permit. To that end, discussions with Crystallex 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 August 7th 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, Crystallex 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."
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain statements included or incorporated by reference in this news release, including information as to the future financial or operating performance of the Company, its subsidiaries and its projects, constitute forward-looking statements. The words "believe," "expect," "anticipate," "contemplate," "target," "plan," "intends," "continue," "budget," "estimate," "may," "schedule" and similar expressions identify forward-looking statements. Forward-looking statements include, among other things, statements regarding targets, estimates and assumptions in respect of gold production and prices, operating costs, results and capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Such factors include, among others, risks relating to additional funding requirements, reserve and resource estimates, gold prices, exploration, development and operating risks, illegal miners, political and foreign risk, uninsurable risks, competition, limited mining operations, production risks, environmental regulation and liability, government regulation, currency fluctuations, recent losses and write-downs and dependence on key employees. See "Risk Factors" below or in the Company's 2007 40-F/Annual Information Form. Due to risks and uncertainties, including the risks and uncertainties identified above, actual events may differ materially from current expectations. Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. Forward-looking statements are made as of the date of this Management Discussion and Analysis and the Company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or results or otherwise.
pre-market up 0.20 to 1.39
Permit? Maybe - but apparently this is old news with updated share price
Crystallex International Corp. (KRY:KRY
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, , ) shares surged 15% after the company said it has been notified that the requirements of Venezuela's Ministry of the Environment and Natural Resources for the issuance of an environmental permit to begin construction of the Las Cristinas Project have been fulfilled.
http://www.marketwatch.com/news/story/thursdays-biggest-stock-gainers-decliners/story.aspx?guid=%7B7BE992DA%2DA6BB%2D4055%2D8B79%2DF3309C8961F2%7D&dist=TQP_Mod_mktwN
we going to da moon?
No one bashing here - just asking questions and tempering enthusiasm for projects that are PR'd that have not yet once led to anything.
and trying to get cheapies is pretty funny considering that the stock is at or near its 52 week low, which was set in the past month
Interesting - touching - yet still unverifiable like the timber, gold and now dogs. Woof woof. Maybe Gary/Dan can have a conference call and tell us all about it.
sniff...sniff... bad doggie
Multi-day runner?
Ditto. Guy shows up with an alias born today and starts pumping a stock that most on this board have been following for months if not years and then proceeds to rip on their analysis. Ha ha.
Ha ha - new guy
That was posted on Hot Stock Market website, have not seen the actual article
13:28 pm est
Source: Naples Sun Times Local News East Sector
"Local state company signs contract with Florida hospital"
The IBX group has signed a multi-year contract to provide hosting and processing of medical claims for New Osceola Medical Center.
CELEBRATION, FL – August 18, 2008 – The IBX Group Inc.(IBXG OTCBB) is underway on their installing and training their state of the art billing and processing software in conjunction with their newly signed contract with NOMC. Based in Deerfield Beach Fla with an office in Clearwater, IBX is a leading health care processer in Central and Southwest Florida.
Under its contract with The Turner-Whiteng Contracting Company, IBX will supply and install their health care software and directly handle all medical claims and billing at the Osceola Medical Center. The initial project is scheduled for completion in October 2008, with billing practices starting in November 2008.
“State-of-the-art billing and patient record systems are a complex and essential component of today’s critical hospital environments. We are pleased to work on a project that will bring healthcare facilities to our community,” said William M. Dillard, Chief Executive Officer of NSMC.
Details of the contract have not been officially released, but experts predict more then $45 million pass through the NSMC system on a yearly basis. Average payout for claims processers in 2007 exceeded 12%.
Nancy Jargous is a business reporter for Naples Sun Times East Sector. All opinions and views are welcome.
looks like no cheap shares avail. If people trying to buy, prob havent been at the ask or they would have shares. Once the ask starts getting hit then maybe some movement
where are the rumors surfacing