Re: Research?...Who owns Las Cristinas? - MOM
in response to
by
posted on
Jun 02, 2010 08:42AM
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
Yes, EZ, in 1998 before the Sosa Gomez ruling, the stock hit $11 and change on the TSX and over $8 on the AMEX. I made friends with a guy named Russ from Vancouver (Russ, are you lurking by chance?) who I hung out with at the 1998 AGM. He couldn't stop kicking himself for not selling when it was $11.
I myself bought in at around $4. I remember looking at the chart when it was $8 and having my sister notice it and suggest that maybe I should sell. I smirked inside thinking "If she only knew what I know." There was a pumper on RagingBull, the board of choice at the time, that said the stock could go to $100. That would make my 10,000 shares worth $1 million dollars! That's money that I never dreamed I would have. Unfortunately, most of the $50,000 I invested was borrowed credit card money and when the bottom fell out - yes it did touch 37 cents after the ruling, I had to declare bankruptcy.
Oh yes, what fun we had! I live to tell the tale. Perhaps I will finally be rewarded, now that I am back in with 14000 shares in 3 accounts, all thankfully my money - not borrowed this time.