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

Free
Message: The delay in the news release.

The delay in the news release.

posted on Jun 25, 2008 06:25AM

This has been pointed out early, why the delay in the new release. I was wondering if KRY wanted further conformation from the government before releasing the PR. I think this new release was used to help increase share price prior to a release of permit news. If we were sitting around .66 and suddenly got the permit news I doubt we would see even 2.00ish. However, with this pre release we may actually get some movement. As someone here said around 2 dollars and the insitutions take notice.

In Conclusion, I think we may see a couple days of no real news to let the share price stabilize back up from pre-Oretga comments. After this I would expect some permit news. I can not imagine KRY delaying this PR, unless they were waiting to make sure the permit may be well at hand.

Share
New Message
Please login to post a reply