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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: a little news from our neighbors

a little news from our neighbors

posted on Feb 10, 2009 10:35AM

Thanks for all the great posts today. The court has found enough material evedence to halt the takeover process.

Since hearing about the Endeavour Financial situation I thought this would eventualy become a problem for Russoro.

I want to tell all of you why I cannot seem to make any money at this game (ha!)

I figured that GRZ's PPS was artificialy inflated by the bid from Russoro. So, I assumed that the GRZ price would drop pretty quick after a trade resumption. This has not happened yet. I thought that the KRY PPS was related to GRZ by a ratio, so that if GRZ fell- KRY would follow suit propotinate to GRZ.

This does not seem to be happening. So did the RML takeover really have anything to do with the GRZ share price rising or KRY's share price? Very interesting!

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