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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: First questions for the annual meeting

Wow! that's a pretty strong reaction to what is normal business on Bay street..

I never accused anyone of fraud. i just pointed out how these things are done..

Before you fly off the handle just look at these charts and then explain the following...

http://stockcharts.com/h-sc/ui?s=KRY.TO&p=D&b=5&g=0&id=p05413075467

http://stockcharts.com/h-sc/ui?s=KRY&p=D&b=5&g=0&id=p89895954366

Even blind freddy can see that there was a significant trend change at the start of April and again in the middle of May with increase of price and volume on no real news. Just a coincidence?

And then on the 7th June the Chinese deal was announced and the share price rose along with the volume as the public scrambled for long exposure, but somebody was obviously selling heavily into that news.

I wonder who that would be?

Why would they be selling in response to the best news KRY has had for years?

On June 9th the "bought deal" is announced, the sellers continue to dump as much stock as possible down to the agreed price for the deal and then the unhappy longs continue the downdraft from then on at even lower prices.

Of course anyone who was short at any price above 50 cents was in the box seat.

Yes, the stock will recover from this but unless there are traders with ESP the charts alone tell a story of knowledge of inside information by someone who acted on it. The facts remain that no North American exchange provides real time or even daily reports of short selling to the public and it is this failure to provide the general investing public with this essential information which allows these schemes to continue.

The companies are forced into "bought deals" because that's what the underwriters offer, and all alternative means of funding is scuttled by the Bay street mob. The Australian stock exchange also has many small mining companies listed and while it has it's faults it does provide daily short sale reports on all stocks and there are very few bought deals done to finance Aussie explorers and development stage companies.

Those that are done are usually matched by a rights offer to existing holders at the same price as that offered the institutions, so dilution is minimised, and these North American standover tactics to force acceptance of bought deals rendered ineffective.

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