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Re: cytis post# 85

Tuesday, 02/15/2011 3:34:14 PM

Tuesday, February 15, 2011 3:34:14 PM

Post# of 158
I'm so jealous! Wish I was skiing in Colorado...or Utah...or any mountain for that matter.
I still have time, though.

KRY fell because of some very bad news. Someone put it well - that Chavez is layin' the hammer down on a Canadian miner in his country.
Though it dropped hard, I'm pessimistic about much of a recovery for the time being, regardless of technicals:

TORONTO, ONTARIO--(Marketwire - Feb. 6, 2011) - Crystallex International Corporation (TSX: KRY)(NYSE Amex:KRY) announced today that it has received a letter from the Corporacion Venezolana de Guayana ("CVG") that states that the Company's Mine Operating Contract ("MOC") for the Las Cristinas Project in Bolivar State, Venezuela, has been "unilaterally terminated" by the CVG. The letter also enclosed a copy of a resolution passed by the CVG on February 3, 2011 which states that the MOC is unilaterally terminated. The resolution cites, as the basis for the termination of the MOC, Crystallex's lack of activity to progress the Las Cristinas Project for more than one year and "... for reasons of opportunity and convenience".


HOPE and HYPE are account KILLERS...
The CURE: BC'S BOUNCERS

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