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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: gold price climbing?

gold price climbing?

posted on Dec 28, 2008 02:08PM

might not be 6K an ounce yet but it is up 10 bucks at the Monday open.

I did not sell any of my gold stock holdings into the downturn eod Friday because I did not get my price and I belived nothing was going to soothe uncertianty in the future over the weekend.

I think you can attribute this to the harsh news out of the middle east and continued economic woes.

Lots of gold stocks sold off EOD Friday looks like profittaking- so the Kry EOD selloff to 11 just looks opportunistic to me, since we are not tied to the POG? IMO

If GRZ and KRY (concession and contract) are so different why did both get a equally strong buy rating from Zack's? And what scenario works for both to become more valuable in the future?

A buyout for GRZ and a permit for KRY would justify calling a strong buy rating for both, what else? Maybe a change to positive press or an announcement of some significance?

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