It could be a volitile week for KRY depending on what is reported this week and we should be prepared for news both positive and negative. This is what we know:

1. As per RM the burn rate is about the same as in previous quarter; what is different is the price of Gold being much higher then the average price they sold gold for first half of 2007 at $656 per ounce. The major issue here is that they need to increase their gold production with increased tonnage or the increase in Gold price will just be offset with reduction in production and we very much need to see this lack of production reversed.

2. We need to hope that we have no surprises in operating expenses (since the burn rate is about the same)and since the drilling exploration is completed and reported in the previous quarter expenses should not be an issue. (again barring any unknown surprises) Crystallex does not expect to generate positive cash flow until Las Cristinas is fully operational; therefore expect to see a loss. We want the loss to be mitigated as much as possible.

My cautious side tells me that with all the very recent attention and news from VZ, the technical report, etc., we may (I hope I am wrong)be in for some bad news. If this is the case it should be already priced in, but you can never really tell and will need to be prepared to ride it out. IF on the other hand they report a positive news surprise and management is fully aware of the need to keep investors up beat, then this will be positive for the SP.

Finally, if we want positive news.....I do not have to tell you how that can be achieved. We are all waiting for it....and if all the conditions are met....and we have waited so long....perhaps it is time for a permit.  Just maybe that will be in the cards. But until that happens be on the defensive and be prepared for almost anything.