Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Where are we going?

Dec 29, 2007 03:39PM

I cannot really answer your question and it is very much dependent on your investment style and risk level. Personally I do not average down (add to a losing position) and perfer to average up (adding to a winning position). KRY does bring a potential that is very appealing, but with geopolitical risk and the lack of a permit that for whatever reason has not been issued is a concern as to why; management at Crystallex are perplexed as to why the permit has not been delivered. IF you believe the permit will be issued then your decision to buy is easier. For sure I will not be adding to KRY and yes I am still in at higher levels still assuming that the permit will be issued. In an earlier post I indicated I will wait until the end of January to decide about moving on to other opportunities hoping that management comes to the market with some positive new updates.

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Dec 29, 2007 06:02PM

Dec 29, 2007 07:07PM
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