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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: Today's Trading, Thursday
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Feb 05, 2009 04:16AM

Feb 05, 2009 06:47AM
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Feb 05, 2009 07:43AM

Feb 05, 2009 08:05AM
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Feb 05, 2009 08:25AM
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Feb 05, 2009 09:05AM
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Feb 05, 2009 09:45AM

I agree but it helps a bit with the Intra picture.. So thank you jc.

I feel convinced that all the accumulation has been already completed due to all the events around VZ Gold recently. So conservatively speaking, I think we are on our way to retrace back to the 52 week MA.

I think this will happen once the broad markets start to rally in light of the Stimulus and yet another (in my opinion) temporary bank fix. We should get to .40 - .60 within weeks. Perhaps as much .90 by March-April..

If we do not get a resolution by then, I'd advise people that have managed to averaged down to at least take some profits as a broad market crash would most likely bring this stock right back down regardless of what Gold is doing. I'll be keeping my eye on the short positions as another indicator.

Just my 2 cents.


Feb 05, 2009 07:48PM
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