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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: TSX house positions...
1
Jun 26, 2008 12:14PM

Investor101 you said "Am I reading this right? This looks scary. Are the institutions bailing on us?"

Nothing has changed, Anonymous is usually the big short seller and yes they were big on sell side today. On the Amex there was 250K plus on the ask side at 1.25...its the game and that is all it is. Until somebody actually comes in and calls them on it at 1.25 they will stay on the ask and short this. Feb 26 KRY was at 1.65 one month later we hit 2.83 during that time Anonymous was big on the buy side. Feb 25 we had a HUGE wall on the ask it finally broke on the ask Feb 26...it will happen again. These guys are only playing with retail. They know the permit will not be issued in the short term. Think about it KRY has said at their AGM that they will submit their reply to Minamb within a few days. The permit will not be issued within a few days so what do these guys do they challenge the retail into a 250k-300k plus ask....why not nothing is set in cement, yet. IMO we are closer than we ever were in the past....ask yourself this for those of you who have been in this for a long time....when has KRY ever "publicly" been in talks with Minamb and they have said that whatever transpires may conclude with the issuance of the permit...never until now. We are closer than ever and Anonymous knows it...this is crazy we are at 1.17!

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