Crystallex International Corporation (AMEX: KRY) WPKN: 890729 - 500 Beiträge pro Seite

[peter.wedemeier1]

Crystallex International Corporation ist ein in Kanada ansässiger Goldproduzent mit Betrieben und Explorationsproperties in Venezuela. Die jüngste Expansion und die antizipierte Produktionsteigerung wird Crystallex von einem Junior zu einem Intermediate machen.

mfg

[peter.wedemeier1]

Crystallex International Corporation
Crystallex International Corporation is a Canadian based gold producer with operations and exploration properties in Venezuela. Its principal asset is the Las Cristinas property in Bolivar State which is currently under development. Las Cristinas’ estimated 12.8 million ounces positions Crystallex as the fourth largest North American-based gold company in terms of gold reserves. Crystallex has completed a feasibility study for the Las Cristinas gold project and has awarded an engineering, procurement and construction management contract to SNC-Lavalin for the design and construction of an initial 20,000 tonne per day operation at Las Cristinas. Initial production, expected in 2006, at Las Cristinas is forecast to produce in excess of 300,000 ounces of gold per year at a cash cost below $130 per ounce.

[peter.wedemeier1]

Crystallex Addresses Recent Market Activity

TORONTO, ONTARIO, July 22, 2005 – Crystallex International Corporation (TSX: KRY) (Amex: KRY) President and Chief Executive Officer, Todd Bruce, today confirmed that the Company is not aware of any developments which might account for recent weakness in share price and increased market activity.

mehr:

http://www.crystallex.com/content.aspx?id=29&itemid=229

[Potosi]

Hallo Peter,

Crystallex hat nun den Gewinn von einem Jahr in kürzester Zeit abgegeben. Vorhin schon wieder an die -12 %.

Die letzte Genehmigung aus Caracas steht noch aus.
Kann das der einzige Grund sein ?

Ich habe KRY nicht, habe im Moment auch keine Kohle frei, aber sie interessiert mich.

Wäre nett, wenn Du news in diesem Zusammenhang gelegentlich hier bekannt geben würdest, danke

Potosi

[peter.wedemeier1]

Für diesen Sell-off gibt es laut Todd Bruce überhaupt keinen Anlaß! Dieses ist meiner Meinung nach auch anhand von dem Umsatz und dem Riesenhammer erkennbar, fast die Hälfte von diesem Verlust ist ja auch schon wieder aufgeholt!

Crystallex Confirms Permit Position
7/28/2005 2:54:29 PM

TORONTO, July 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Crystallex International Corporation (KRY) responding to selling pressure in the Company`s shares, Crystallex International Corporation`s President and Chief Executive Officer, Todd Bruce, reiterated today from the Company`s offices in Caracas the Company`s statement last week that the Company is not aware of any developments with respect to its Las Cristinas project in Venezuela which might account for the pressure on its share price and increased market activity.

"I would again assure the marketplace that we are actively engaged with government officials in moving the permitting process to a conclusion," stated Mr. Bruce. "I am presently in Venezuela actively involved in the permitting process and we remain unaware of any technical impediment to the granting of the permit."

"Crystallex is in compliance of its obligations under its mine operation agreement and remains fully prepared to commence full scale development once the permit is issued."

About Crystallex

Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company`s principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence commercial gold production in the second half of 2006 at an initial annualized rate of some 300,000 ounces. Other assets include the Tomi Mine, the La Victoria Mine and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY) Exchanges.

http://www.marketwatch.com/tools/quotes/newsarticle.asp?guid…

mfg

[Potosi]

Hallo Peter,

da ich nicht regelmässig bei WO reinschaue fiel mir damals gar nicht auf, dass Du mir sofort geantwortet hattest,bitte entschuldige.

Gestern meldet KRY wieder gute Ergebnisse - nur, die letzte Genehmigung ist immer noch nicht da !

Das kann auch noch dauern. Und so sehen es wohl die Anleger. Sie befürchten wohl, dass die Kasse in der Zwischenzeit trocken fällt, oder dass man KRY bewusst am ausgestreckten Arm verhungern lässt.

Bis auf eine Mini-Beobachtungsposition von 200 Stück, die ich mir gestern zugelegt habe, bleibe ich zumindest bis zur Bekanntgabe der Genehmigung draussen. Mir ist klar, dass direkt danach ein Sprung nach oben kommt, ich also zu spät dran sein werde.

Gruß Potosi

[Devjo]

Ich habe mir mal den Chart angeschaut (bin kein Charttechniker ) und wenn ich mir den so anschaue, scheinen ja eigentlich alle Ampeln auf Grün zu stehen.
Gibt es eigentlich inzwischen irgendwelche Neuigkeiten aus Venezuela?

[Devjo]

Gestern schreib ich noch, das es ja gar nicht so schlecht ausschaut und heute ist sie bereits 40 % im Minus, was ist da passiert, weiß jemand irgendwas

[peter.wedemeier1]

Ay Caramba! What is going on in Venezuela???
By: Senorita Dorotea Kosich
Posted: `21-SEP-05 04:00` GMT © Mineweb 1997-2004

RENO--(Mineweb.com) What the heck is going in Venezuela?

...President Hugo Chavez Frias, who has made land reform and redistribution of idle land holdings a cornerstone of his socialistically-oriented administration, directed Alvarez to reclaim national sovereignty over gold and mining reserves which aren`t being exploited.

...Vasquez also announced that central government implementation of mining reform will commence shortly, including the formation of a national mining corporation under the direct control of the President, possibly in a strategic alliance with CVG, with international companies acting as gatekeeper on behalf of the Venezuelan government.

...Meanwhile, during a televised speech broadcast Monday, Chavez allegedly declared that "Las Cristinas belongs to Venezuela. We will build a national mining company there." Reuters reported the President planned to revoke the gold and diamond concessions and to create a new mining company as part of a push to increase government control over the mining sector.

...The news immediately sent the markets into panic mode. Crystallex shares were halted late in the trading day on Tuesday as the stock fell 48%.

...Meanwhile, Idaho-based Hecla Mining also issued a news release Tuesday stating that it had terminated plans to acquire Triumph Gold Corp`s stake in the Guirache gold project. While Hecla didn`t refer to Chavez`s comments, Hecla President and CEO Phil Baker felt compelled to declare "we have a large number of excellent exploration targets and properties in Venezuela on which we are currently working. Our priorities lie with these prospective properties surrounding our La Camorra and Mina Isadora mines." Baker`s remarks didn`t appeal to allay investors` fears as shares of Hecla fell 8% to close at $3.91 on the NYSE and continued to slide in aftermarket activity.

http://www.mineweb.net/columns/american_notes/490028.htm

[peter.wedemeier1]

Crystallex Confirms Las Cristinas Position
9/21/2005 10:17:28 AM

TORONTO, Sept 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- Crystallex International Corporation (KRY) responding to selling pressure in the Company`s shares, Crystallex International Corporation`s President and Chief Executive Officer, Todd Bruce, reiterated today from the Company`s offices in Caracas that there has been no change in the status of the Las Cristinas project or Crystallex`s mine operating contract in Venezuela. We are aware of newswire reports which have resulted in pressure on the share price of the company in particular, and on Venezuelan gold mining companies in general. Crystallex prefers to keep the market informed on facts rather than media interpretation and speculation. Although subsequent reports have clarified the initial news wire story, the Company felt it appropriate to comment as follows:

"Todd Bruce remarked that the market seems to have reacted in particular to a Dow Jones news wire story which reports President Chavez stating that

`Las Cristinas belongs to Venezuela. We will build a national mining

company there.`"

Mr. Bruce noted, "This statement is consistent with the existing situation. The Las Cristinas deposit is indeed owned by Venezuela and administered through the CVG which is a regional natural resource development arm of the central government. The CVG has contracted Crystallex to be its operator for the Las Cristinas project. Our contract is founded and premised upon the ownership of the resource by the Republic of Venezuela. Our commitment is to develop the Las Cristinas assets in accordance with the terms of our contract for the benefit of our shareholders, the Republic and the citizens of Bolivar State. The government is actively pursuing the establishment of a national resource development entity, the core assets of which would consist of mining assets provided by CVG. Thus the Las Cristinas deposit could become a core asset of any new organization created. Our mining contract would remain in tact and be administered by the new mining company. Nowhere has it been said that Venezuela does not intend to honor valid and subsisting contracts with reputable and performing international companies. The creation of the new national mining company would therefore have no practical impact on Crystallex as it is the mine operating contract that governs our role."

Mr. Bruce added, "I would draw the market`s attention to the Reuters news wire report that was issued after the initial Dow Jones article to stress that the Reuters article specifically stated:

`Chavez did not say Venezuela would revoke the contract to Crystallex or

that the gold mine the company (Crystallex) was planning to develop would

now be developed by the new state company.`

and to the Vheadline article which noted:

`Somewhat frustrated senior (government) officials speaking exclusively
to VHeadline.com early this afternoon say that (again) some sectors of
the international news media have (perhaps purposely) misconstrued the
President`s words to mean that the government is expropriating the Las
Cristinas gold mine from Toronto-based gold miner, Crystallex
International (KRY).

`Nothing could be further from the truth ... the Venezuelan State has
always owned Las Cristinas ... what needs to be explained is that we have
cleared illegal miners off the site so that Crystallex may begin mining
operations under it`s exclusive Mine Operations contract with the
Venezuelan Guayana Corporation (CVG).`"


Crystallex fully intends to continue in the fulfillment of its obligations under its Mine Operating Agreement ("MOA") upon receipt of the final environmental permit.

http://www.marketwatch.com/tools/quotes/newsarticle.asp?guid…

[peter.wedemeier1]

Nationalization call hammers Crystallex

...

Las Cristinas, which has been dogged for years by delays and ownership disputes, is a flagship project for Toronto-based Crystallex International Corp. The company has been saying for months that it is close to obtaining the final permits it needs to start production at the mine.

Crystallex shares plunged $1.51 or 48 per cent to $1.65 yesterday before being halted on the Toronto Stock Exchange pending a statement from the company.

Spokesman Richard Marshall said Crystallex would issue a formal statement today.

He said, however, it has always been clear that Venezuela controls the project, and Crystallex was not aware of any changes to government policy that would affect its standing.

“We haven`t seen anything, we are not aware of anything, that has changed our position,” Mr. Marshall said.

Market reaction appeared to indicate worries that Mr. Chavez planned to nationalize mining assets, Mr. Marshall added.

But under the terms of Crystallex`s agreement with Venezuela for the Las Cristinas property, Venezuela already owns the deposit, he said.

Crystallex has rights to develop the project but does not have a mining concession, he said.

“This asset has always been owned by Venezuela and will always will be owned by Venezuela,” Mr. Marshall said. “It says that in the first paragraph of our mine operating agreement that this is a national asset.”

...

http://www.theglobeandmail.com/servlet/story/RTGAM.20050921.…

[peter.wedemeier1]

Misinformation, disinformation? US/Canadian investors hit by hurricane!

...

Minister Alvarez is aware that there are international corporations want to participate and help the process by which Venezuela will ultimately reach that goal. We are pretty well clued as to which companies are seen as friends and partners in the process and those which are obvious enemies to Venezuela`s sovereign ambitions.

Bolivar Gold, Hecla Mining and Crystallex Corporation have kept their noses clean through years of political and economic manipulations aimed at sabotaging the Venezuelan government`s reform process ... there is no doubt in our minds as to which companies have the inside track ... the question now is how they will collectively deal with the miscreants whose sole purpose in life appears to be to seek out and destroy that which is good.

In that respect the ball is not in a Venezuelan court (of law or otherwise) but in the hands of good-willed individuals and executives in North America and beyond who recognize that simply because some half-assed DJ reporter gets a story out that`s essentially incorrect, that the sky should not immediately cave in and the whole world collapse in tattered shreds.

http://www.vheadline.com/readnews.asp?id=46062

[leon1707]

irgendwie verstehe ich nur noch bahnhof
und wenn ich mir ansehe was da drüben abgeht
unfassbar oder was meint ihr ??

[peter.wedemeier1]

DJ Crystallex Says There Is "No Change" In Las Cristinas Status

09/21/2005
Dow Jones News Services
(Copyright © 2005 Dow Jones & Company, Inc.)



(MORE TO FOLLOW) Dow Jones Newswires

09-21-05 1021ET

Copyright (c) 2005 Dow Jones & Company, Inc.

[peter.wedemeier1]

AP
Crystallex Says Mine Plans Are on Track
Wednesday September 21, 12:18 pm ET
Crystallex Says Plans to Develop Major Gold Mine in Venezuela Are on Track

http://biz.yahoo.com/ap/050921/venezuela_gold_mine.html?.v=1

[peter.wedemeier1]

Jim Sinclair:

"Gold’s strength in the face of disinformation campaigns that are designed to malign the noble metal, suggests at least a segment of the marketplace has recognized something the majority still don’t. Let me tell you, when the general public recognizes they’ve been bamboozled by all the anti-gold propaganda, the end result will be explosive."

[Devjo]

Was soll man nun davon halten?
Ist es möglich, dass tatsächlich hier Falschmeldung lanciert wurden, oder echte Meldung falsch wieder gegeben wurden?

[peter.wedemeier1]

Chavez takes gold
(Filed: 22/09/2005)

(22/09/2005) -- Venezuela`s bongo-playing president, Hugo Chavez, has shaken resource investors with apparent calls for the seizure of a Canadian mine, claiming rights to one of the world`s largest new gold deposits.

Col Chavez ... seemed to tear up the agreement with the Toronto firm Crystallex to exploit the 13m ounce reserves at the Las Cristinas field.

`Las Cristinas belongs to Venezuela. We will build a national mining company there,` he said. `If a company doesn`t like what is happening, let them pick up their stuff and get out of here.`

http://portal.telegraph.co.uk/money/main.jhtml?xml=/money/20

[Sunray01]

Hi

So wie es aussieht, will Chaves alle Minen-Verträge von allen Minen neu schreiben zu seinen Bedingungen. Am allerbesten wäres wenn
KRY platt geht, um diese zu übernehmen. Da KRY enorme Verbindlichkeiten hat, und diese bedient werden müssen, muß unbedingt in Produktion gegangen werden. Sollte das nicht passieren geht die Firma in Konkurs. Da alle Vorarbeiten geleistet und finanziert wurden, somit das Gold jetzt gefördert werden kann, ist es für Chaves sehr reizvoll diese platt gehen zu lassen, damit er diese zum Null-Tarif haben kann. Die Investoren verlieren alle ihre Knete, und Chaves lacht sich ins Fäustchen eine Mine mit 12,5 Mill. Unzen für nichts zu bekommen. Die Tage werden erstmal alle Aktionäre aus dieser Aktie herausgetrieben. Mal sehen wie es weitergeht.

Gruß Sunray

[peter.wedemeier1]

Mines Commission: Las Cristinas project of great importance to Venezuela

http://www.vheadline.com/readnews.asp?id=46103

[peter.wedemeier1]

Venezuela and foreign investors
By Richard Lapper, Latin America Editor
Sunday, September 25, 2005
Posted: 12:20 PM EDT (17:20 London)

http://us.ft.com/ftsuperpage/superpage.php?news_id=fto092520…

[peter.wedemeier1]

Published: Sunday, September 25, 2005
Bylined to: Roy S. Carson

Venezuela gets to grip with corruption-ridden mining sector; AP breaks wind!

VHeadline.com editor & publisher Roy S. Carson writes: Continuing its disinformation thrust, and in the face of official statements from the Venezuelan government, the Associated Press is continuing to insist that Venezuela has "backed off a mining license threat."

Correctly reporting that "foreign companies abiding by Venezuelan law will not have their mining licenses canceled by the government," the US-based news (?) agency had misreported last week statements by Venezuelan President Hugo Chavez which were little more than a policy statement that the (Venezuelan) government had decided to revoke idle mining concessions and to stop issuing concessions per se to foreign (and domestic) companies.

National Assembly (AN) permanent parliamentary Energy and Mines Commission president, Pedro Jimenez was forced to explain, Friday, that the move to create a new national mining corporation would only encompass concessions which the government (and the courts) consider to be inactive or in violation of (Venezuelan) law ... put quite simply "All investors that follow the law will be respected completely!"

Stock market opportunists, however, leapt on investor`s machine translations from Spanish to English and got everything completely haywire ... panicking to sell in what they anticipated to be a wholesale NATIONALIZATION of Venezuela`s mining sector, apparently ignorant of the fact that it had already been nationalized close to thirty years ago in 1976 ... and by another pro-USA government!

Jimenez told the media, Friday, that existing projects were not at risk ... dependent, of course, on the continued endeavors and goodwill of those entrusted to fulfill the terms and conditions of explicit mine operating contracts.

Worst hit in the stock market freefall was Toronto-based Crystallex International with disinformers (`bashers`) working overtime on anonymous trading forums to panic `nervous nellies` into ditching their holdings at bargain basement prices with an eye to making huge profits the following days when Crystallex surged 23% on the clarifying news.

Jimenez left North American paranoiacs in no doubt saying "the Las Cristinas project is of vital importance for Venezuela and is needed for the local economy ... the project includes a contract with Crystallex and small groups of miners ... Venezuelans know that this Canadian company has made efforts to alleviate social tensions in the area!"

Catching their breath, Crystallex officials insisted that their company remains on track to begin commercial gold production in the second half of next year, at an initial rate of about 300,000 ounces a year ... the "mere formality" of final environmental permits are all the company is waiting for to kick-start what is considered to be one of the largest gold-mining projects in South America if not the world.

Nevertheless, AP, Reuters and hack journalists in shackles to Venezuela`s opposition media are hell bent on keeping up the pretense that Venezuela is about to be plunged into alternatively Cuba-style `Communism` or Pinochet-style dictatorship.

Take your pick, it`ll be amusing to see what tack the international wire services will take to wipe last week`s egg of their faces as Venezuela gets to grip with a corruption-ridden mining sector against all the odds and all the heavy-barreled black-bag propaganda launched against it in the last seven days!

Roy S. Carson

[peter.wedemeier1]

Press Release Source: Crystallex International Corporation

Crystallex Announces Capital and Operating Costs for Expansion of Las Cristinas to a 40,000 tpd Operation
Monday September 26, 8:44 am ET

http://biz.yahoo.com/prnews/050926/nym104.html?.v=17

[peter.wedemeier1]

*DJ Paradigm Ups Crystallex To Hold From Sell >KRY

09/26/2005
Dow Jones News Services
(Copyright © 2005 Dow Jones & Company, Inc.)



(END) Dow Jones Newswires

09-26-05 0958ET

Copyright (c) 2005 Dow Jones & Company, Inc.

[peter.wedemeier1]

KRY: Goldman Sachs Starts @ Outperform

Monday , September 26, 2005 10:05 ET

Issuer: Crystallex International Corporation (AMEX: KRY)

Analyst Firm: Goldman Sachs & Co.

Ratings Action: INITIATE

Current Rating: Outperform

[peter.wedemeier1]

KRY: Goldman Sachs Starts @ Outperform

http://www.knobias.com/individual/public/news.htm?eid=3.1.c2…

[peter.wedemeier1]

Crystallex presents bigger mine plan and reserve expansion at Las Cristinas

http://www.mytelus.com/news/article.do?pageID=cp_business_ho…

[peter.wedemeier1]

Breaking News from The Globe and Mail
Crystallex shares climbBy TAVIA GRANT

Monday, September 26, 2005

Globe and Mail Update
Crystallex International Corp. shares continued their roller-coaster ride, gaining 15.8 per cent Monday after a study showed the company could double production at its Las Cristinas site in Venezuela, while a separate study boosted its reserve estimate for the mine.

The shares rose 31 cents to $2.27, the biggest percentage gain on the S&P/TSX composite index Monday. The move came even as the price of spot gold declined.

The stock see-sawed throughout last week amid concern that Venezuelan President Hugo Chavez will reclaim national mining assets. On Thursday, he said he would cancel all mining licences and stop issuing new ones to foreign companies. Crystallex has repeatedly said that its project remains on track and that Venezuela already owns the project and that Crystallex has a contract to operate it.

On Monday, Crystallex shares were one of the most actively-traded on Canada`s benchmark index, after the Toronto-based company said SNC-Lavalin Engineers and Constructors completed a study on increasing production at Las Cristinas to 40,000 tonnes per day once a 20,000 tonnes per day facility is commissioned.

The study provides capital and operating cost estimates, and a project schedule.

As well, Mine Development Associates boosted the reserve estimate of Las Cristinas “as a result of the lower operating costs projected for the ... expansion,” Crystallex said.

The MDA raised its estimate of total reserves to 12.9 million ounces of gold calculated at a price of $350 (U.S.) per ounce. Based on the revised reserves, the mine life of the combined operation is estimated at 23 years, Crystallex said.

The capital cost to double the expansion is estimated to be $153-million. This is in addition to the $293-million forecast to complete the initial operation, the company said.

Gold futures fell $1.50 to $465.70 an ounce Monday. Last week, gold prices hit a 17-year high on expectations of robust demand and as investors bought gold as a hedge against

© The Globe and Mail

[peter.wedemeier1]

Crystallex unlikely to mine Las Cristinas -analysts
Mon Sep 26, 2005 01:15 PM ET

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtm…

[Zichel]

[posting]18.036.484 von peter.wedemeier1 am 26.09.05 19:38:56[/posting]Leider kann ich die Reuters Nachricht nicht lesen bzw. sie wird nicht mehr angezeigt.

Was stand denn drin?

Danke im voraus,

Gruß, Dirk

[peter.wedemeier1]

Dieser Artikel wurde wahrscheinlich aufgrund seiner unsinnigen Negativität von http://yahoo.reuters.com gecancelt. Diesen unsinnigen Inhalt möchte ich persönlich hier nicht wieder geben!

mfg

[Zichel]

Dann hat der Artikel nichts mit dem Kursverfall zu tun? Gibt´s einen anderen Grund? Hab ich was verpaßt?

Danke im voraus für eine kurze Aufklärung,

Dirk

[Zichel]

Unter "News" auf der Chrystallex-Homepage ist folgender Artikel zu finden:

September 27, 2005

Crystallex International Corporation
For Immediate Release

TORONTO, ONTARIO, September 27, 2005 – Crystallex International Corporation (TSX/AMEX: KRY) announced today that, as a result of recent market activity, it has agreed with Azimuth Opportunity, Ltd. to amend the terms of the purchase agreement with respect to its previously announced equity draw down facility as follows:


(a) the minimum price (threshold price) at which Crystallex will sell common shares is C$1.00 rather than C$2.50; and
(b) the maximum draw down amount for a draw down where the threshold price is $1.00 – 2.49 is as follows:
Threshold Price
(C$ per share)
Maximum Draw Down Amount
(C$)
1.00 – 1.24 1,000,000
1.25 – 1.49 1,500,000
1.50 – 1.74 2,000,000
1.75 – 1.99 2,500,000
2.00 – 2.24 3,000,000
2.25 – 2.49 3,500,000

Crystallex also announced that it has delivered a draw down notice to Azimuth. Under the purchase agreement, the draw down pricing period may be any number of days agreed to by the parties (the end date will not be later than 20 consecutive trading days commencing on the draw down pricing start date), the draw down pricing start date will occur not later than five trading days after delivery of the draw down notice and the additional dollar amount of common shares (additional purchase amount) that Crystallex may specify in a draw down notice may be an amount in excess of the draw down amount agreed to by the parties.

A pricing supplement setting out, among other things, the number of shares issued to Azimuth pursuant to the exercise of the draw down and the purchase price per share will be filed on SEDAR within two business days after the end of the draw down pricing period.

Crystallex International Corporation is a Canadian based gold producer with operations and exploration properties in Venezuela. The Company’s principal asset is its interest in the Las Cristinas property in Bolivar State that is currently under development. Other assets include the Tomi Mine and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY).


For Further Information:
Investor Relations Contact: A. Richard Marshall, VP at [phone]
Visit us on the Internet: http://www.crystallex.com or Email us at: [e-mail]


The Toronto Stock Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news release.

[borazon]

#31
Soso, "unsinnige Negativität".
Dann nimm das:



Venezuela to give idle concessions to small miners
Thu Sep 29, 2005 12:30 PM ET
CARACAS, Venezuela, Sept 29 (Reuters) - Venezuela`s government will give small miners all contracts and concessions it rescinds from international companies as part of an overhaul of the mining sector, the Ministry of Basic Industries and Mines said on Thursday.

"All areas taken away from transnational corporations and the powerful economic groups of the country will be assigned to small miners," the ministry said in a statement.

Left-wing President Hugo Chavez has launched a probe into mining concessions and contracts to weed out projects that companies have failed to develop.

Chavez says some multinational mining companies have bolstered their stock prices by winning concessions in Venezuela but have no plans to actually develop mines.

Among major foreign companies mining in Venezuela are Canada`s Crystallex (KRY.TO: Quote, Profile, Research) , Bolivar Gold (BGC.TO: Quote, Profile, Research) , U.S. firm Hecla Mining Co. (HL.N: Quote, Profile, Research) and China`s Shandong Gold-Mining Co. Ltd. (600547.SS: Quote, Profile, Research) .

Mining Minister Victor Alvarez said the government was looking into its contract with Crystallex as part of the industry shakeup.

Crystallex says it is waiting for an environmental permit to develop the Las Cristinas mine, considered one of the largest untapped gold deposits in the world.

Since winning a referendum last year, Chavez has launched a broad review of energy and mining contracts. He says some of those deals are "robbing" Venezuela by giving preferential terms to foreign companies.

The government says it will give no new concessions to international firms and that it will develop a state gold and diamond company, modeled after state oil firm PDVSA.

[Zichel]

[posting]18.087.000 von borazon am 29.09.05 23:55:12[/posting]Mein Englisch ist nicht sooooo toll. Wenn ich´s richtig verstanden habe, ist in Venezuela erstmal alles gestoppt, oder? Und das Projekt Las Christinas steht erstmal still.

Bitte klär mich doch auf. Danke im voraus.....

Gruß, Dirk

[Devjo]

[posting]18.088.472 von Zichel am 30.09.05 09:03:59[/posting]Wenn ich das richtig verstanden habe, will Chavez die alten Verträge kippen (weil sie Venezuela ausräubern) und die Projekte neu vergeben (um nochmal Geld zu bekommen), nur ganz Grob übersetzt.

[peter.wedemeier1]

Crystallex
Denver Gold Forum 2005

September 26 - 28, 2005

Crystallex
click the icon to play archived audio:

http://events.onlinebroadcasting.com/denvergold/092605/index…

[peter.wedemeier1]

Crystallex presents bigger mine plan and reserve expansion in Venezuela

http://www.mytelus.com/news/article.do?pageID=cp_business_ho…

[peter.wedemeier1]

Newmont, Placer Say New Mining Rule Hurts Venezuela (Update1)
Sept. 30 (Bloomberg) -- Newmont Mining Corp., Placer Dome Inc. and Goldcorp Inc., three of the world`s top gold producers, say Venezuela`s plan to cancel mining rights for some companies will make future investments in the country unlikely.


...

[peter.wedemeier1]

http://quote.bloomberg.com/apps/news?pid=10000086&sid=ay1NAx…

...

Toronto-based Crystallex International Corp., which is trying to develop the Las Cristinas mine in Bolivar, plunged 45 percent since Sept. 19. Gold Reserve Inc. is down 38 percent and Bolivar Gold Corp. has dropped 11 percent.

...

Crystallex Chief Executive Todd Bruce said Chavez`s decision won`t affect his company`s Las Cristinas project.

``Absolutely nothing we`ve seen or experienced or been advised would reflect a fundamental problem of getting the permit`` to start production at Las Cristinas, Bruce said in a Sept. 26 interview in Denver.

When Chavez was speaking about companies that haven`t developed their properties, ``he was talking about Placer Dome,`` Bruce said. ``It had nothing to do with us. Since we`ve had the project since September 2002, we have advanced it tremendously.``

Crystallex has spent $90 million on Las Cristinas, and has contracts to spend another $160 million on ``long lead`` items such as ball mills and crushers. ``We have been extremely active and are ready to go obviously the minute we get this final permit,`` he said.

Chavez is ``absolutely committed to addressing one of the most fundamental dilemmas in Venezuela, in fact much of the developing world, and that is the issue of underlying poverty of a very substantial portion of the population in a country that is very rich, rich in natural resources,`` Bruce said.

[peter.wedemeier1]

INTERNATIONAL OUTLOOK

Chávez` Oil-Fueled Revolution

...

The President is also going after rich landowners. Authorities recently began taking control of 21 large ranches spread over hundreds of thousands of acres. Chávez has threatened to hand part of the land to poor Venezuelans unless owners legally document their ownership and show that their spreads are being productively used. In another shock to investors, Chávez disclosed plans to review -- and possibly revoke -- mining concessions and create a national mining company. The news caused shares in Canada`s Crystallex International Corp., (KRY ) which has operations in Venezuela, to plunge 52% from Sept. 19 to Sept. 28. "What happens here in Venezuela will undoubtedly have some impact on the commercial decisions of companies, not just from the U.S. but from all over the world," U.S. Ambassador to Venezuela William Brownfield told reporters in Caracas. "Nationalization is a step backward," adds a State Dept. official in Washington.

...

http://yahoo.businessweek.com/magazine/content/05_41/b395408…

[peter.wedemeier1]

Government beats large estate
"No one is shielded in mining"

Minister Víctor Álvarez thinks that job creation related to concessions is insignificant

MARIELA LEON

EL UNIVERSAL

...

Q: Some companies complain about delays in licensing. Crystallex awaits environmental certificates to operate Las Cristinas.

A: Many times they put the blame on red tape to justify sluggishness.

President Chávez gave us accurate instructions -to review any and all agreements and concessions. Nobody is sacred or can think that not even a rose petal will touch him. No one is protected. A decision was made to claim national sovereignty over gold and diamond resources. It is not possible for the Venezuelan state to lack at this stage a company able to utilize these reserves.

...

http://english.eluniversal.com/2005/09/29/en_pol_art_29A6157…

[peter.wedemeier1]

Venezuelan Chamber of Mines issues formal statement in support of government policy to regulate mining industry

http://www.vheadline.com/readnews.asp?id=46180

[borazon]

Ich glaube nicht, daß unser Hugo die Palcer Dome gemeint hat (#40). Die sind schon seit 3 Jahren draussen, und die Bezugnahme auf Aktienkurse, die durch Projekte in Venezuela gestützt worden wären (#34), trifft v.a. auf Crystallex und Gold Reserve zu.
Diese beiden als "multinational" zu bezeichnen ist allerdings eine Übertreibung von Hugo, angesichts ihrer eher bescheidenen Börsenwerte. Aber solches ist man vom Großmaul Chavez schon gewohnt.

[peter.wedemeier1]

The TRUTH should hit the wires quicker than Al Qaeda planes the Twin Towers...

http://www.vheadline.com/readnews.asp?id=46166

[vergaser]

Interessanter Wert.

[vergaser]

Mayor Holders from KRY ( Quelle :Yahoo finance)


DEUTSCHE BANK AKTIENGESELLSCHAFT 8,421,300 4.37 $29,558,763 31-Mar-05
TOCQUEVILLE ASSET MANAGEMENT, L.P. 5,792,600 3.01 $20,332,026 31-Mar-05
BLACKROCK INC. 4,480,000 2.33 $15,724,800 31-Mar-05
JENNISON ASSOCIATES LLC 3,691,500 1.92 $12,957,165 31-Mar-05
TD ASSET MANAGEMENT, INC 3,150,663 1.64 $11,058,827 31-Mar-05
VAN ECK ASSOCIATES CORPORATION 2,560,000 1.33 $8,985,600 31-Mar-05
I.G. INVESTMENT MANAGEMENT, LTD 2,097,100 1.09 $7,360,821 31-Mar-05
AGF FUNDS INC 2,006,850 1.04 $7,044,043 31-Mar-05
BANKMONT FINANCIAL CORP. 1,792,300 .93 $6,290,973 31-Mar-05
RBC Asset Management Inc. 1,759,250 .91 $6,174,967 31-Mar-05

[vergaser]

laut der Aussage von Pedro Jimenez (Vorsitzender der venezuelanischen Energie und Gruben Kommision) von Freitag den 23. September letzter Woche sind in Zusammenhang mit der Ankündigung von Hugo Chaves nur Verträge betroffen, die Gesetzte verletzen.
Weiterhin sagte Jimenez, daß das Projekt Las Cristinas nicht in Gefahr ist. (Quelle: Yahoo finance)

Bereits am Donnerstag den 22. September bestätigte Todd Bruce ( Ceo ) ebenfalls, das Las Cristinas in keinster Weise von den Aussagen des Präsidenten betroffen sein wird. (Quelle Quote Media)

Das reichte um eine Kursanstieg von 90% in dem Zeitraum vom 24. bis 26.9. auszulösen.

[Zichel]

[posting]18.117.809 von vergaser am 03.10.05 13:46:10[/posting]Sorry, aber ich kann da keinen Kursanstieg entdecken - schon garnicht um 90 %....

[vergaser]

Amex 22.9. Tiefstkurs : 1,04 USD
Amex 26.9. Höchstkurs : 1,99 USD

= 92 %

[borazon]

Auf das Gesülze der venezuelanischen Politiker sollte man nichts geben. An einem Tag ist es so, am nächsten wieder ganz anders. Die probieren, was geht. Wenn sie wollen, organisieren sie eine Demo gegen Crystallex, behaupten, man könne sich dem Volkswillen nicht entgegenstellen und dann ist KRY draussen. Oder sie erteilen die umweltrechtliche Genehmigung einfach nicht. In der Folge werden die "small-scale miners" das Gebiet überrennen und das übliche Quecksilber-Desaster anrichten, ohne daß es die venezuelanischen Behörden oder Greenpeace interessieren wird.


Crystallex Int`l brushes off Las Cristinas clamor
Sun Oct 2, 2005 11:53 AM ET
By Patrick Markey

LAS CRISTINAS, Venezuela, Oct 02 (Reuters) - A cluster of low, white buildings, bulldozed roads and an airstrip carved out of jungle mark the site where Crystallex International (KRY.TO: Quote, Profile, Research) plans to soon start mining at Las Cristinas, Venezuela`s largest gold deposit.

Crystallex says it is ready to begin work on the mine once the government clears its environmental permit and it brushes off recent political clamor over mining deals that left investors jittery about Las Cristinas, where the Canadian miner has held an operating contract since 2002.

"We are just waiting for the green light to go ahead," Crystallex General Manager Guillermo Adrian said outside the site in mineral-rich Bolivar State in southern Venezuela. "We have completed all the technical aspects."

Las Cristinas and other deals are under scrutiny after President Hugo Chavez`s government vowed last month to revoke inactive gold and diamond deals during a study of the sector that included an "exhaustive review" of Crystallex`s contract.

Chavez, a Populist former army officer who promises to fight poverty, has launched a broad revision of the energy and mining industries as he seeks to bolster state control over the natural resources of the world`s No. 5 oil exporter.

Authorities have not named companies they believe are inactive, but their comments have been unclear about the impact on current contracts. They say they plan to hand idled mines to small-scale miners, many of whom work in unlicensed quarries.

Las Cristinas recently became a lightening rod during confused protests by hundreds of poor, unlicensed miners, who demand more government backing, jobs and access to the area covered by the Canadian miner`s contract.

The situation was complicated by a government campaign to remove small-scale gold miners from the River Caroni, an area that generates most of Venezuela`s hydro-electric power.

Crystallex shares slipped after Chavez`s comments as markets were already wary about delays in the government approval of the company`s environmental permit, the vital last step before proper mining.

The company says its contract is safe and is confident the environmental permit will soon be approved.

But the government`s recent statements mean more than stock prices and investments to illegal miners like Leonel Avilez, working inside the Las Cristinas camp with gasoline generators and water jets to salvage a few slivers of gold.

"We just want them to let us work where there is gold," Avilez said as he sat in a shack of wooden poles and plastic sheeting, his feet and hands plastered in dried mud.

STATE GOLD COMPANY

In deforested holes blasted by water jets, about 400 unlicensed miners work inside Las Cristinas, which has estimated gold reserves of around 12.7 million ounces.

Hundreds more work small mines just outside the camp, where they criticize National Guard troops for taking away the fuel needed for generators and blocking access to Las Cristinas.

Some want jobs with Crystallex once it starts production as they acknowledge gold yield is slim for small-scale miners; others demand authorities give them legal access to parts of the Las Cristinas where they believe gold is easier to mine.

But most feel abandoned by the government, which they say has been slow to live up to promises to hand out technical assistance and legal permits.

Some industry representatives now wonder whether Chavez wants to take the mining industry in the same direction as the state oil sector, where he has ordered foreign companies to switch from operating contracts to joint ventures giving the state a controlling stake in projects.

Officials plan a state gold and mining company to start work in early 2006 and say they will list the inactive mines at the end of this year.

Crystallex plans to start mining Las Cristinas in 2006 with an initial production of 300,000 ounces a year, which would make it the country`s largest gold miner.

The company points to the mine construction materials it has waiting for shipment from Houston, the service contracts it has already signed and its investment of more than $2 million in social projects such as housing, roads, school materials and medical equipment for local residents.

Other major foreign companies mining in Venezuela include Bolivar Gold (BGC.TO: Quote, Profile, Research) , U.S. company Hecla Mining Co. (HL.N: Quote, Profile, Research) and China`s Shandong Gold-Mining Co. Ltd. (600547.SS: Quote, Profile, Research) . Scores of smaller companies also operate contracts and concessions.

[peter.wedemeier1]

Published: Tuesday, October 04, 2005
Bylined to: David Coleman


Crystallex, Bolivar Gold in Caracas for further talks on key management role

VHeadline mining & resources correspondent David Coleman writes: Playing catch-up on a plethora of disinformation in the North American media, Reuters correspondent Patrick Markey reports from Caracas that Canadian miner Crystallex International expects to get approval soon for an (environmental) permit allowing it to proceed with developing the Las Cristinas gold concession.

Reuters and other wire services had caused a major crash on New York and Toronto stock markets last week with sadly misinformed interpretations of what had actually been said by Venezuela`s President Hugo Chavez Frias and his ministers with regard to the setting-up of a national mine corporation to deal with a series of idle and defaulted mining concessions handed out by previous (corrupt) governments backed by the United States of America.

While the ultimate goal of obtaining the final environmental permit (to begin work Venezuela`s largest gold deposit, Las Cristinas) must necessarily wait until officials have completed an urgent review of the mining sector Vice Minister of Environment (MARN) Nora Delgado had informed that a sum total of 18 environmental permit applications (already in the closing stages of completion) had been handed over last week to the Ministry of Basic Industries & Mining as its review of inactive mining concessions continues.

Ms. Delgado said decisions on a total 56 permit applications would be announced in sue course ... "we will make an announcement about those concessions that are left after they determine which will be kept," Delgado told Reuters adding that "Once the Basic Industries & Mining Ministry comes out with their information, we will hand out the permits according to the new distribution... we have not rejected anything!"

Venezuela`s Basic Industries & Mining Ministry is planning to hand idled or inactive concessions to small-scale Venezuelan miners under the umbrella of a new government-run gold and diamond corporation ... a list of concessions that are deemed to be inactive will be formalized by the end of this year but a number of "very active" mining projects will be given the green light well ahead of that date, most probably in the weeks ahead of December 4 elections to Venezuela`s National Assembly.

[peter.wedemeier1]

State terminates all mine permitting processes
By: Dorothy Kosich
Posted: `04-OCT-05 06:00` GMT © Mineweb 1997-2004

...

Richard Marshall, Vice President Investor Relations for Crystallex, told Mineweb Monday that he does not think the review by the ministry will change the outcome for the company`s Las Cristinas project. Crystallex President and CEO Todd Bruce is in Venezuela monitoring the situation, according to Marshall. "We think we are still on deck" in terms of receiving approval to work the nation`s largest gold project, he added.

...

Crystallex was awarded an operating contract for Las Cristinas in 2002 and was awaiting final environmental permitting when the Ministry decided to review all mining concessions. Venezuelan President Hugo Chavez Frias announced last month that he ordered a review of all mining sector contracts and concessions as part of an overall review of the energy and mineral industries.

Basically, Marshall explained that the environmental ministry is making sure that it is on the same track as the mining ministry. A new state mining company is expected to assume control of all concessions the government investigation determines to be inactive.

...

http://www.mineweb.net/sections/whats_new/496785.htm

[vergaser]

Eine weitere Verzögerung ist in dem Kurs jetzt wohl eingepreist,

eine Verkündung über die Vergabe der Lizenzen würde wohl zur Explosion führen, die KRY hat zig Millionen in die Mine investiert,
ohne diese Investitionen stände dort sonst ein erheblicher Gewinn für 2004 und 2005.

oder wenn dieser Präsident wirklich Lizenzen entzieht.......

[peter.wedemeier1]

0/06/2005
Dow Jones News Services

CARACAS (Dow Jones)--Venezuela is completing an initial review of mining concessions amid criticism that many miners have left these concessions idle for years, Venezuela`s mining minister Wednesday.

President Hugo Chavez will announce the results of the review in a matter of days, Victor Alvarez, minister of mining and basic industries, told Dow Jones Newswires, adding that the nation`s oldest mining concessions will be dealt with first.

[Zichel]

Ist keiner mehr investiert? Oder interessiert das Papier niemanden?
Wir legen fast täglich zu - vom Umsatz her sieht es eigentlich auch gut aus. Wenn uns die Regierung von Venezuela keinen Strich durch die Rechnung macht, sehen wir bald wieder alte Kurse....

[Devjo]

[posting]18.221.237 von Zichel am 11.10.05 08:42:27[/posting]Das will ich doch hoffen.......mein SL war abgelaufen und ich hab das verlängern vergessen

[peter.wedemeier1]

Light at the End of the Venezuelan Mine Shaft

By Jon A. Nones
10 Oct 2005 at 04:46 PM EDT

http://www.resourceinvestor.com/pebble.asp?relid=13556

[peter.wedemeier1]

CARACAS, Venezuela (AP) - Venezuelan lawmakers called for the government to grant permits to Canadian company Crystallex International Corp. so that it can begin mining the country`s largest gold mine. "It`s urgent that (the government) grants the respective permits," members of Congress concluded in a special mining report dated Oct. 4 that was posted on the Venezuelan National Assembly`s Web site. Venezuela has said it will turn over idle mines to small-scale miners as part of a review of all mining concessions and contracts. The Canadian company has said it is awaiting an environmental permit to begin production at the Las Cristinas mine

[peter.wedemeier1]

Tuesday, October 11, 2005
Bylined to: VHeadline.com Reporters


Lawmakers, local miners urge government to quickly approve Crystallex permit

[peter.wedemeier1]

UPDATE 1-Venezuela lawmakers back Crystallex mine permit
Tuesday 11 October 2005, 8:16pm EST

http://today.reuters.com/business/newsArticle.aspx?type=natu…

[peter.wedemeier1]

Published: Tuesday, October 11, 2005
Bylined to: VHeadline.com Reporters

Lawmakers, local miners urge government to quickly approve Crystallex permit

http://vheadline.com/readnews.asp?id=46325

[peter.wedemeier1]

Lawmakers, local miners urge government to quickly approve Crystallex permit
Venezuela Electronic News - Oct 11 6:37 AM

[hastrubal]

@peter.Wedemeier.1

Deine Postings sind bestimmt stark und sehr dienlich, mein
Englisch ist dafür zu schwach.
Könntest du nicht mittels 1 oder 2 Smilies anzeigen, ob du
gute oder schlechte Nachrichten reingestellt hast.
Sonst kann Hastrubal, der aus dem Bauch kauft, gar nichts
kaufen.
Danke

[Zichel]

[posting]18.245.846 von hastrubal am 12.10.05 18:20:47[/posting]Ich würde kaufen....



....wenn ich nicht schon welche hätte (die ich aber teilen muß).



PS: Die Regierung wird gebeten, die Förder-Erlaubnis möglichst schnell anzuerkennen / zu bestätigen.

[vergaser]

Geschichtlicher Abriss
1958 wurde der Diktator Marcos Pérez Jiménez von der sozialdemokratischen Acción Democrática (AD) und der Kommunistischen Partei gestürzt. Nach dem Sturz verbündete sich die AD jedoch mit der christdemokratischen COPEI und vereinbarte mit dieser im Punto-Fijo-Abkommen eine regelrechte Aufteilung der Herrschaft über Venezuela. Die so isolierte Kommunistische Partei eröffnete zwar einen Guerillakrieg, wurde aber entweder von der Allianz assimiliert oder militärisch zerschlagen. Bis in die neunziger Jahre waren so die herrschenden Parteien entweder die Acción Democrática oder die COPEI, sie stellten auch die Präsidenten.

Nach der Ölkrise von 1973 stiegen in der ersten Amtszeit von Carlos Andrés Pérez (1974 bis 1979) die Einkünfte des Landes aus dem Erdölexport so rapide, dass das Land eines der wohlhabendsten Länder Südamerikas wurde, „[...] durch den Verkauf von Erdöl hat Venezuela von 1973 bis 1983 rund 240 Milliarden US-Dollar eingenommen“ (Arturo Uslar Pietri); die damit einhergehende Verteilungspolitik führte zu einer für lateinamerikanische Verhältnisse außerordentlich hohen politischen Stabilität des Landes. Mit dem eklatanten Verfall des Ölpreises seit 1983 brachen diese Einkünfte jedoch weg. Da es keine Investitionen in andere Wirtschaftszweige gegeben hatte, die die drastisch sinkenden Erdöleinnahmen zu kompensieren vermochten, führte dies, gemeinsam mit den immer höher werdenden Auslandsschulden (1993 etwa 35 Milliarden Dollar) zu einer anhaltenden Wirtschaftskrise.

Der in der zweiten Amtszeit Carlos Andrés Pérez` (1989–1993) als Folge von Weisungen des Internationalen Währungsfonds begonnene neoliberale Wirtschaftskurs führte ab dem 27. Februar 1989, ausgelöst durch eine Preiserhöhung im öffentlichen Verkehr, zum sogenannten Caracazo. Von den Barrios, den Slums der Hauptstadt, ausgehend, kam es über mehrere Tage zu schweren Aufständen und Plünderungen der wohlhabenderen Viertel. Die Regierung Pérez ließ die Aufstände gewaltsam niederschlagen, zwischen 400 und 5000 Menschen kamen dabei ums Leben. Nach zwei Putschversuchen im Jahre 1992, einem am 4. Februar durch Hugo Chávez und einem am 27. November, sowie 1993 einem Jahr mit volkswirtschaftlichem Minuswachstum und der schlussendlichen Absetzung des Präsidenten durch den Obersten Gerichtshof wegen Veruntreuung und Korruption, wurde Rafael Caldera 1994 Präsident. Bis 1998 gelang ihm zwar die politische Stabilisierung, der Wirtschaftskrise wurde aber auch er nicht Herr. (So lag bei seinem Amtsantritt 1994 die Inflationsrate bei 71 %, es gab eine schwere Währungskrise und einen Zusammenbruch des Bankensystems.)


Chávez` Bolivarismus und die „Bolivarischen Zirkel“
Chávez war bereits seit seiner Jugend ein begeisterter Anhänger des südamerikanischen Freiheitshelden Simón Bolívar. Auch die spätere Gründung seiner Bewegung, der MBR-200, fand bewusst am 24. Juli 1983, dem 200. Geburtstag Simón Bolívars statt. Während seiner Studienzeit entwickelte Chávez im Laufe mehrerer Jahre gemeinsam mit anderen Offizieren eine linksnationalistische Doktrin namens Bolivarismus. Diese orientierte sich zwar hauptsächlich an Bolívar, war aber stark beeinflusst von den Schriften des marxistischen Historikers Federico Brito Figueroa, denen Chávez im Studium begegnet war, integrierte aber auch Einflüsse aus der südamerikanischen Tradition des Sozialismus, z. B. Fidel Castros, Che Guevaras oder Salvador Allendes. Diese Auffassungen wurden maßgeblich für sein späteres politisches Handeln.



.....ist vielleicht auch mal ganz interessant etwas über den Präsidenten zu erfahren .

Quelle:wikipedia.org

[peter.wedemeier1]

GOLD, SILVER, PLATINUM & DIAMONDS

...

"And we`d buy Crystallex on speculation that this is the easiest way out for all parties. ...

http://www.gold-eagle.com/gold_digest_99/chapman081699.html

[Crsus]

Mein Mitleid mit Crystallex hält sich in Grenzen.

Crystallex hat die Mine von Vannessa Ventures gestohlen (Fall ist noch vor Gericht), jetzt nimmt ihnen Chavez die Mine weg - also ausgleichende Gerechtigkeit.

[Croro]

nachdem hier mal wieder nichts los ist,frage ich euch, was ihr davon haltet: http://ipods.freepay.com/?r=24016672
hier gibts scheinbar ein ipod gratis.

[Devjo]

[posting]18.279.547 von peter.wedemeier1 am 14.10.05 17:11:45[/posting]Was meinst Du, wie stehen die Chancen für Chrystallex? Anscheinend, sind die meisten Anleger ja eher pessimistisch eingestellt, was die Möglichkeiten einer Fortführung angeht!

[Zichel]

Guten Morgen,

kann mir jemand erklären, warum die Kurs-Sprünge (egal ob nach oben oder unten) bei Chrystallex so groß sind. Gestern über 11 % nach oben!

[hastrubal]

Ja was ist denn hier los, die Aktie steigt und keiner
merkts.

[Devjo]

[posting]18.631.072 von hastrubal am 07.11.05 10:31:18[/posting]Noch braucht sie ein wenig um auf das Niveau von vor dieser unsäglichen Meldung zu kommen...... erst danach fang ich wieder an mich zu freuen

[martinsgarten]

Holder Shares % Out Value* Reported

DEUTSCHE BANK AKTIENGESELLSCHAFT
8,624,587 4.35 $13,540,601 30-Sep-05
FMR CORP. (FIDELITY MANAGEMENT & RESEARCH)
8,350,000 4.21 $13,109,500 30-Sep-05
JENNISON ASSOCIATES LLC
5,410,100 2.73 $8,493,857 30-Sep-05
BLACKROCK INC.
4,180,000 2.11 $6,562,600 30-Sep-05
VAN ECK ASSOCIATES CORPORATION
2,762,000 1.39 $4,336,340 30-Sep-05

die Dt. Bank scheint die Aktie interessant zu finden - ich auch. Bisher keine berichte über die Aktie - keine Pusher.

[Devjo]

[posting]19.083.429 von martinsgarten am 29.11.05 09:35:13[/posting]Vielleicht weiß die DB ja was ? Ich werte das mal als gutes Zeichen, das die Rechte in Venezuela doch bei Chrystallex bleiben.
Weiß jemand, ob es da neue Entwicklungen gibt?

[Zichel]

Kein weiterer Kommentar zu dem gigantischen Anstieg von gestern????

Da muß es doch irgendwelche News geben, oder?

[borazon]

#74
Weniger die Deutsche Bank, sondern mehr deren Fonds und Kunden halten diese Aktien.

#76
Kursanstieg bei KRY liegt IMHO an der geplanten Übernahme von Bolivar Gold (BGC.TO), die auch in Venezuela tätig sind, durch Gold Fields (South Africa).
Das hebt die Stimmung für andere Venezuela-Werte.

http://finance.yahoo.com/q?d=s&s=bgc.to

[martinsgarten]

November 28, 2005

San Francisco Gold & Precious Metals Institutional Investment Conference

Presentation:

http://www.crystallex.com/images/uploadedfiles/CRYSTALEX-SF_…

[Zichel]

Crystallex International Corporation
- Press Release TORONTO, Nov. 30 2005 -

Crystallex International Corporation (TSX/AMEX: KRY) announced today that it has issued 3,163,657 common shares to Azimuth Opportunity, Ltd. (Azimuth) for gross proceeds of C$6 million pursuant to the exercise of a draw down under the terms of its equity draw down facility.
The details of the draw down are set out in a pricing supplement dated November 30, 2005 which is
available at the SEDAR web-site at www.sedar.com.
Azimuth may, during the period commencing on November 30, 2005 and ending 40 days thereafter(distribution period), distribute the common shares acquired from Crystallex pursuant to the draw down to purchasers through the facilities of the Toronto Stock Exchange (TSX purchasers).
Crystallex`s prospectus supplement dated September 14, 2005 (together with a short form base shelf prospectus dated August 23, 2005) qualifies and registers the distribution of common shares by Azimuth to TSX purchasers during the distribution period. Under the terms of a ruling and order of the Ontario Securities Commission dated September 6, 2005, prospectuses will not be delivered to TSX purchasers. TSX purchasers will, however, have the statutory rights for rescission or damages described under "Purchasers` Statutory Rights" in the prospectus supplement dated September 14,2005. Copies of the short form base shelf prospectus dated August 23, 2005 and the prospectus supplement dated September 14, 2005 are available at the SEDAR web-site at www.sedar.com.

About Crystallex
Crystallex International Corporation is a Canadian gold producer with operations and exploration properties in Venezuela. The Company`s principal asset is its interest in the Las Cristinas property in Bolivar State that is currently under development. Other assets include the Tomi Mine and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY).
The Toronto Stock Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news release.

For further information Investor Relations Contact:
A. Richard Marshall, VP at [phone] or Email us at:
[e-mail]
Source: Crystallex International Corporation

[borazon]

Schaut mal ins Message-Board von GRZ, Posts ##5275-5325.
Demzufolge scheint KRY ein paar Probleme zu haben: keine BFS in Sicht, keinen Mining Plan, üble Cash Burn Rate.

http://messages.yahoo.com/?action=q&board=GRZ

[Zichel]

Kann denn jemand die relativ großen Kurssprünge erklären? Gibt´s Neuigkeiten bezüglich der rechtlichen Stellung von Chrystallex? Ich kann nix finden....

[martinsgarten]

Grund: ein Artikel von:
Cramer`s `Mad Money` Recap: Forever Young

http://www.thestreet.com/funds/madmoneywrap/10261205_2.html

Regarding Crystallex, Cramer said this is a stock for "crazy people." "You need to love taking risks to get into this one," he said. The Canadian company has mines in Venezuela, whose president, Hugo Chavez, is a socialist who could nationalize the entire mining industry, said Cramer. But, said Cramer, if he doesn`t destroy the private mining industry, you`ll have a piece of one of the world`s most underdeveloped gold projects.

Hinsichtlich Crystallex sagte Cramer, daß ist eine Aktie für " verrückte Leute". "Sie müssen das Eingehen von Risiko lieben, um in diese hineinzukommen, " sagte er.
Die kanadische Gesellschaft hat Bergwerke in Venezuela dessen Präsident, Hugo Chavez, ist ein Sozialist, der die ganze Bergbau-Industrie verstaatlichen könnte, sagte Cramer. Aber, sagte Cramer, wenn er die private Bergbau-Industrie nicht zerstört, haben Sie ein Stück von eines der unterentwickeltesten Gold-Projekte der Welt.

[Zichel]

Kann mir jemand den "Kurssturz" von heute erklären?



Hab ich irgendwas verpaßt??

[fireball69]

Neuigkeiten:




Crystallex Announces Approval of Permit to Impact Natural Resources for an Aggregate Quarry for the Las Cristinas Project, Bolivar State, Venezuela
Tuesday March 7, 8:52 am ET


TORONTO--(BUSINESS WIRE)--March 7, 2006--Crystallex International Corporation (TSX:KRY - News; AMEX:KRY - News) reported today that the Ministry of the Environment and Natural Resources ("MARN") in Venezuela has notified Crystallex of the Ministry`s approval of the "Permit to Impact Natural Resources" for a quarry on the Albino property to provide aggregate for the adjacent Las Cristinas project, and of the initiation of the normal administrative process by the Ministry.

Previously, on February 15, 2006, Crystallex announced that it had been granted the rights to explore and develop a quarry on the Albino property as a source of aggregate for the Las Cristinas project by the Mining Institute (IAMIB) of Bolivar State, Venezuela. Aggregate is required for the construction and operating phase of the Las Cristinas Project which currently contains gold reserves of some 13.6 million ounces at a gold price of US$400 per ounce. The Albino concession is located approximately 1 kilometre from the Las Cristinas Project site.

Todd Bruce, Crystallex President and CEO commented, "MARN`s approval of the Permit to Impact Natural Resources for the Albino aggregate quarry that will service the Las Cristinas project is a key development as it brings us closer to the issuance of the Permit to Impact Natural Resources for the Las Cristinas project itself. We look forward with great anticipation to receiving this final permit for Las Cristinas which will enable the company to commence the construction process."

Quelle: http://biz.yahoo.com/bw/060307/20060307005617.html?.v=1




grüsse,
fireball69

[Devjo]

Antwort auf Beitrag Nr.: 20.563.776 von fireball69 am 07.03.06 22:52:47

Was ist den heute in Frankfurt los

[fireball69]

Antwort auf Beitrag Nr.: 20.960.852 von Devjo am 27.03.06 16:14:35

Das ist erst der Start!



Siehe Bericht anbei:




Press Release Source: Crystallex International Corporation


Crystallex Reports 2005 Year End Results
Friday March 31, 4:10 pm ET


TORONTO--(BUSINESS WIRE)--March 31, 2006--Crystallex International Corporation (TSX:KRY - News; AMEX:KRY - News) today reported audited financial results for the year ending December 31, 2005. All dollar figures are in US Dollars unless otherwise indicated.
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Commenting on the Company's progress, Todd Bruce, President and Chief Executive Officer of Crystallex said, "2005 proved to be a challenging year for Crystallex and its shareholders. However, it certainly had its positive achievements. In particular, we continued to advance Las Cristinas towards commercial gold production and those efforts were rewarded earlier this week with the announcement that the Ministry of Basic Industry and Mining ("MIBAM") had officially approved the technical, economic and financial aspects of the Las Cristinas gold Project as established in the Feasibility Study and in the Mine Operating Agreement. (Crystallex News Release dated March, 26, 2006). This fundamental milestone in the project process not only represents the last external input required by the Ministry of the Environment and Natural Resources ("MARN") to complete its final administrative processing steps in order to issue the Permit To Impact Natural Resources, but it also brings complete clarity to the project's technical, economic and financial parameters. We now look forward to commencing construction of the Las Cristinas project as soon we receive the Permit to Impact Natural Resources from MARN."

Several key objectives achieved during 2005 included:

- Advanced the final permitting phase for Las Cristinas

- Continued developing Las Cristinas by effectively completing engineering and design during the year and by procuring equipment and supplies for the construction and operating phase

- Updated the 2003 Las Cristinas Feasibility Study with a comprehensive 2005 Development Plan study

- Eliminated the remaining gold hedges at an average price of US$505 per ounce

- Record gold production of 53,000 ounces

- Consolidated our interests in certain Lo Increible properties in El Callao

Proven and probable gold reserves at Las Cristinas estimated at $400 per ounce are 13.6 million ounces (Crystallex News Release dated February 13, 2006). Proven reserves are 48 million tonnes grading 1.29 g/t and probable reserves are 305 million tonnes grading 1.18 g/t. Total proven and probable reserves are 353 million tonnes grading 1.2 g/t. The $400 per ounce reserve estimate by Mine Development Associates used the pit design from the 2005 Development Plan which was based on a $350 per ounce gold price assumption. Using the same $350 per ounce pit design and other physical parameters and costs from the 2005 Development Plan, the following table presents Las Cristinas reserves at various gold prices:

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Ore Contained
Gold (million Grade Gold (thousand Strip
Price tonnes) (g/t) ounces) Ratio
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$400 353 1.20 13,596 1.1
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$450 378 1.15 14,004 1.0
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$500 405 1.10 14,397 0.9
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$550 431 1.06 14,729 0.8
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Mr. Bruce commented, "The results above demonstrate the positive leverage that the Las Cristinas reserves have to the gold price. Importantly, the estimates only capture gold contained in a pit designed using a $350 per ounce gold price through the conversion of "waste" blocks located within the design pit shell into economic ore reserves due to the higher gold price. There is no significant deepening of the pit involved because the density of drilling at depth below the pit bottom is currently inadequate for the inferred mineralization there to be upgraded into reserves. The deposit remains open at depth and other surface targets have been identified. Consequently we expect reserves to be greater than illustrated in the table above if pits were fundamentally redesigned at correspondingly higher gold prices in conjunction with further drilling."

Management's Discussion and Analysis

For the Year Ended December 31, 2005

(All dollar amounts in US dollars, unless otherwise stated)

The following Management's Discussion and Analysis ("MD&A") of the audited financial condition and results of the operations of Crystallex International Corporation ("Crystallex" or the "Company") for the year ended December 31, 2005 should be read in conjunction with the Company's annual audited consolidated financial statements and the notes relating thereto. The audited consolidated financial statements have been prepared in accordance with Canadian generally accepted accounting principles ("GAAP"). Effective January 1, 2004, the Company prepares and files its audited consolidated financial statements and MD&A in United States dollars. Except where noted, this MD&A has been prepared as of March 27, 2006.

Highlights

- Ministry of Mines formal approval of the Las Cristinas Feasibility Study, announced March 27, 2006.

- Gold reserves at Las Cristinas increased to 13.6 million ounces.

- Las Cristinas detailed engineering 98% completed by year end. Long lead time equipment has been fabricated and is ready to ship to site.

- Eliminated all remaining gold contract positions at an average cost of $505 per ounce.

- Record gold production of 53,000 ounces.

- Net loss for the year of $45.2 million, or ($0.23) per share, inclusive of a non-cash write-down of investments in subsidiary companies of $6.6 million and a $3.8 million commodity contract loss.

Key Statistics
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2005 2004 2003
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Operating Statistics
Gold Production (ounces) 53,178 48,973 35,244
Gold Sold (ounces) 55,217 49,478 30,632
Per Ounce Data:
Total Cash Cost(1) $401 $365 $385
Average Realized Gold Price $453 $409 $363
Average Spot Gold Price $445 $410 $363
Gold Reserves (ounces):
Operating Mines 38,100 90,400 419,300
Las Cristinas 13,594,000 12,849,000 10,165,000

Financial Results ($ 000's)
Revenues $24,990 $20,246 $11,329
Net Loss ($45,207) ($60,654) ($61,487)
Net Loss per Basic Share ($0.23) ($0.35) ($0.52)
Cash Flow from Operating
Activities ($32,714) ($36,005) ($26,539)

Financial Position ($ 000's)
Cash and Cash Equivalents $4,070 $5,767 $26,204
Short-term Investments --- $30,277 ---
Restricted Cash and
Equivalents $21,323 $98,006 ---
Total Debt $96,938 $85,088 $7,488
Shareholders' Equity $133,167 $143,554 $78,998
Weighted Average Shares
Outstanding - Basic
(millions) 194.7 172.2 118.3
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(1) For an explanation, refer to the section on Non-GAAP measures.
The calculation is based on ounces of gold sold, not ounces
produced.


Financial Results Overview

The Company recorded a net loss of $45.2 million, or $0.23 per share in 2005, compared with a net loss of $60.7 million or $0.35 per share in 2004. The decline in the net loss in 2005 reflects a write-down of investments in subsidiaries of $6.6 million in 2005, as compared with mineral property write-downs in the prior year of $32.0 million.

Revenue of $25.0 million in 2005 was 23% higher than $20.2 million of revenue in 2004. The increase in revenue was attributable to a 12% increase in ounces of gold sold and an 11% increase in realized gold prices. In 2005, the Company sold 55,217 ounces of gold at an average realized price of $453 per ounce, while in 2004, 49,478 ounces of gold were sold at an average realized price of $409 per ounce. The average spot gold price in 2005 was $445 per ounce, compared with $410 per ounce in 2004.

Operating cash flow was a deficit of $32.7 million in 2005, compared with a deficit of $36.0 million in 2004. In 2005, mine site operating cash flow, (Mining Revenue less Operations Expenses) of $2.2 million was offset by expenditures of $12.0 million to financially settle gold sales contracts and by $19.5 million of general and administrative expenses. Capital expenditures increased by $43.5 million to $94.4 million in 2005, almost entirely due to increased spending on Las Cristinas. At year end 2005, the unrestricted cash balance was $4.1 million and the Company had restricted cash of $21.3 million.

Development Project

Las Cristinas

Permit Process Overview and Status

All mining projects require a land use permit and an authorization to impact the natural resources, both of which are issued by the Ministry of the Environment and Natural Resources, ("MARN"). The granting of the Permit to Impact Natural Resources (the "Permit") is dependent on approval of an environmental impact study ("EIS") by the MARN. The EIS process includes the filing of a comprehensive environmental, socio-economic and cultural impact study by the developer of the mining project. The Permit authorizes the developer to construct and operate its mine. In addition, approval of the project by the Government, in the form of the Ministry of Basic Industries and Mining ("MIBAM") approving the feasibility study of each project, is required before MARN can issue the Permit.

Following is a list of important milestones in the Las Cristinas permitting process:

- September 2003 - Feasibility Study for a 20,000 tpd operation is completed and released.

- March 2004 - CVG approved the Las Cristinas project.

- April 2004 - EIS was completed and submitted to MARN.

- August 2004 - Confirmed the first and prerequisite permit, the Land Use Permit.

- March 2006 - MIBAM approved the Las Cristinas Feasibility Study.

The MIBAM approval of the Las Cristinas project represents the last external input on the project required by MARN to complete the permitting process by issuing the Permit.

Project Overview

In September 2002, the Company signed a Mining Operation Agreement, ("MOA") with the Corporacion Venezolana de Guayana, ("CVG") which granted Crystallex exclusive rights to develop and exploit the gold deposits on the Las Cristinas property. A positive Feasibility Study was completed by SNC Lavalin Engineers and Constructors Inc., ("SNCL") in September 2003. The study was approved by the CVG in March, 2004. An Engineering, Procurement and Construction Management, ("EPCM") contract to provide services for the development of Las Cristinas was awarded to SNCL in March 2004.

An EIS was submitted to the MARN in April 2004 to initiate the project permitting process. In September 2004, a Socio-Economic Impact Assessment was completed by Proconsult C.A., of Venezuela, while SNCL also completed a construction phase Environmental Supervision Plan. Both reports were submitted to the MARN.

In 2005, the Government of Venezuela announced that it would be changing the mining title regime from a system where title was granted in the form of either concessions or operating contracts to a system where all new economic interest would be granted in the form of operating contracts. The Government's public references to the type of operating contract that it intends to implement for the mining industry are comparable to the MOA the Company currently holds for Las Cristinas. In order to effect the policy change process, the Government advised that it would need to create a national mining company which would be the nation's contracting party covering the entire country. The Government stated that the existing mining assets of the CVG would be transferred to create the core of the new national mining company. Given the change in the CVG's status in the mining sector, the Government decided that the MIBAM would take over the regulatory role previously administered by the CVG in terms of approving projects on behalf of the Government. MIBAM has reviewed Las Cristinas based on the previous CVG approval and has formally approved the Las Cristinas feasibility study.

In 2005, Crystallex spent $93.5 million on Las Cristinas. Of this, approximately $70 million was for equipment purchases and engineering services detailed in the capital budget of $293 million. The balance of the Las Cristinas expenditures were for programs not included in the $293 million capital budget, including social and community development programs, expansion of the airstrip at site, exploration, environmental work and general site administration costs.

Since the inception of the EPCM contract in April 2004, expenditures related to Las Cristinas total $131.9 million. Of this, approximately $89 million is related to the $293 million capital budget governed by the EPCM contract.

2005 Development Progress

Considerable progress was achieved under the EPCM contract during 2005. Engineering design was 98% completed by year end and will be finalized after receipt of the Permit. By year end, bids had been received for 95% of the total number of purchase orders and contracts and approximately 80% of the total had been awarded. At December 31, 2005, the sum of payments to date for equipment ($89 million) plus the value of outstanding equipment under purchase orders and the value of commitments associated with awarded construction contracts was $179 million.

The Company is in a position to initiate site development upon receipt of the Permit. The camp has been refurbished to accommodate the construction workforce, the administration offices are occupied and the main access road to the site has been upgraded. Contracts have been awarded for initial site work including construction of the river diversion channel and the construction of the tailings management facility, while the contract for site preparation is close to being awarded. The conditional power supply contract with EDELCA, the state utility, has been approved and provides a 10 year term with an average rate of $0.032 per kilowatt hour based on a 20,000 tpd operation. In addition, most long lead time equipment pieces were received and paid for by year end. Approximately $51 million of new equipment is currently in storage, primarily in Houston, Texas. Equipment will be shipped to Venezuela after receipt of the Permit.

The Project Schedule will be updated upon receipt of the Permit. It is currently expected that once the Permit is received the development period through commissioning of the plant will be approximately 20 to 22 months.

A comprehensive update to the September 2003 20,000 tpd Feasibility Study was completed by SNCL in August 2005. The update, titled Development Plan - 2005, was commissioned to incorporate a number of design enhancements and to include a review of capital and operating cost estimates. The revised capital estimate is $293 million, an increase of approximately 10% from the June 2004 estimate. The capital estimate is exclusive of Value Added Tax, ("VAT"). As provided for under Venezuelan law, Crystallex has applied for an exoneration of VAT during the construction phase of Las Cristinas. The capital increase reflects higher costs for crushed stone, concrete, costs associated with delays in receiving the Permit and inflation. With the advanced state of equipment purchasing and awarding of contracts, the Company has a high degree of confidence in the revised capital estimate. The estimate of operating costs also increased, with life of mine operating costs currently estimated to be $221 per ounce (including royalties calculated at a $350/oz gold price) as compared with the previous estimate of $206 per ounce. The increase results from higher costs for mill operating supplies, primarily sodium cyanide and steel grinding media, and to higher labour cost estimates. The increase in prices for mill supplies is related to a global inflation of commodity prices, while the labour charge stems from both increasing labour rates and manpower levels.

The Development Plan - 2005 included an updated estimate of resources and reserves at Las Cristinas. The revised reserve estimate incorporated the higher operating costs and the results of Crystallex drilling programs in 2004 and 2005. Measured and Indicated resources were estimated to be 501 million tonnes grading 1.1 grams per tonne gold, containing 17.7 million ounces of gold. Included in the Measured and Indicated resources are proven and probable reserves of 295 million tonnes grading 1.32 grams per tonne gold, representing 12.5 million ounces of gold calculated using a $350 per ounce gold price. Subsequent to year end 2005, Mine Development Associates ("MDA") calculated the reserves at Las Cristinas using a $400 per ounce gold price. The pit design and other physical parameters and costs that were used in the Development Plan did not change. At $400 per ounce, proven and probable reserves at Las Cristinas are 353 million tonnes grading 1.20 g/t containing 13.6 million ounces of gold. At a $400 per ounce gold price the total average operating cash costs increase due to higher royalty payments. Total cash costs, including royalties, at $400 per ounce, average $160 per ounce for the first five years and $228 per ounce over the life of the mine.

Crystallex also engaged SNCL to complete a Pre-Feasibility study for expanding Las Cristinas from an initial 20,000 tpd to a 40,000 tpd operation. The study, completed in October 2005, assumes mechanical completion of the expansion to 40,000 tpd approximately two years after completion of the 20,000 tpd plant. The estimate of incremental capital to double the capacity of the operation is $153 million. Operating costs over the life of mine were estimated to be $208 per ounce (including royalties calculated at a $350/oz gold price), as compared with $221 per ounce for the 20,000 tpd operation. The mine life was reduced from 41 years at 20,000 tpd to 23 years with the expansion to 40,000 tpd. Average annual production over the mine life was estimated to be 504,000 ounces at 40,000 tpd, as compared with 274,000 ounces at 20,000 tpd.

Operations Review

Production

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Gold Production (ounces) 2005 2004 2003
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Tomi Open Pits 30,290 35,961 24,360
Tomi Underground 19,811 5,891 2,753
La Victoria 1,491 2,412 5,564
Purchased Material 1,586 4,709 2,567
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Total Gold Production (ounces) 53,178 48,973 35,244
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Total Ore Processed(1) (tonnes) 418,414 443,504 370,276
Head Grade of Ore Processed (g/t) 4.2 3.7 3.5
Total Recovery Rate (%) 94% 93% 84%
Total Recovered (ounces) 53,178 48,973 35,244
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Total Cash Cost Per Ounce Sold $365 $385
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Mine Operating Cashflow ($,000) $2,235 $2,208 ($454)
Capital Expenditures ($,000) $856 $9,900 $1,722
Cash Flow After Capital(2) ($,000) $1,379 ($7,692) ($2,176)
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(1) Ore from Tomi, La Victoria and purchased material is processed at
the Company's Revemin mill.
(2) Capital expenditures at operating mines, (excludes Las Cristinas)


The Company produced a record 53,000 ounces of gold at its Venezuelan operations in 2005, an 8% increase over 2004. Gold production in 2005 was almost exclusively from the Tomi concession, located near El Callao in Bolivar state.

As compared with the year earlier period, a more than threefold increase in production from the Tomi underground mine offset a 16% reduction in open pit production. By the third quarter of 2005, the underground mine was consistently producing ore at design levels of 6,000 tonnes per month. During 2006, underground production is forecast to average 6,000 tonnes per month at grades exceeding 11.0 g/t.

The decline in gold recovered from the open pits was attributable to processing fewer tonnes of ore and a decrease in the grade of ore processed from 3.5 g/t to 3.2 g/t. Open pit mining was conducted principally at the Mackenzie and Miligrito pits on the Tomi concession. By year end, the main Miligrito pit was depleted. During the fourth quarter of 2005, the Company evaluated a plan to extend, by approximately one year, the Mackenzie pit to the north to access some 288,000 tonnes of ore grading 2.9 g/t. At a gold price in excess of $400 per ounce the north extension was viable and a decision was made to continue mining at Mackenzie. During 2006, the Mackenzie pit will provide the majority of the ore for the Revemin mill.

The mining operations generated cash flow of approximately $2.2 million in 2005, the same level as the year earlier. After capital expenditures, mine site cash flow was $1.4 million in 2005 and a deficit of $7.7 million in 2004.

During 2006, the Company plans to conduct exploration on the Tomi properties with the aim of finding sufficient open pit ore to supply the Revemin mill after the depletion of the existing Tomi pits in early 2007. Exploration is also planned for the Lo Increible property near El Callao.

Tomi

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100% Basis 2005 2004 2003
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Tomi Open Pits (100% Crystallex)
Tonnes Ore Mined 313,599 334,289 268,169
Tonnes Waste Mined 1,971,402 2,751,124 919,137
Tonnes Ore Processed 319,287 350,008 247,644
Average Grade of Ore
Processed (g/t) 3.2 3.5 3.5
Recovery Rate (%) 93% 92% 88%
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Production (ounces) 30,290 35,961 24,360
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Tomi Underground (100% Crystallex)
Tonnes Ore Mined 72,177 26,966 12,698
Tonnes Ore Processed 63,319 28,454 11,070
Average Grade of Ore
Processed (g/t) 10.2 6.9 8.3
Recovery Rate (%) 95% 94% 93%
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Production (ounces) 19,811 5,891 2,753
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La Victoria

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100% Basis 2005 2004 2003
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La Victoria
Tonnes Ore Mined 24,892 36,012 86,078
Tonnes Waste Mined 126,704 481,210 461,163
Tonnes Ore Processed 25,649 25,974 89,025
Average Grade of Ore
Processed (g/t) 2.02 3.18 2.8
Recovery Rate (%) 89% 91% 68%
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Production (ounces) 1,491 2,412 5,564
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During 2005, Crystallex reviewed alternative methods for processing of refractory sulphide ore at La Victoria. However, at present, modifying the Revemin mill is not economically attractive as there is insufficient mineralized material to recover capital for mill modifications, diverting the Yuruari River and pre-production waste stripping.

An in-pit crusher at La Victoria is currently being used to crush waste rock which is trucked to Las Cristinas for use as construction aggregate.

Income Statement

Revenue

Revenue in 2005 was $25.0 million, compared with $20.2 million in 2004. The increase in revenue in 2005 was attributable to selling over 11% more gold than the prior year and realizing a higher average price on gold sales. Gold sales in 2005 were 55,217 ounces, compared with 49,478 in 2004. The increase in ounces sold was due to higher gold production as described in the Operations Review section of this MD&A. The Company realized an average gold sales price of $453 per ounce in 2005, up from $409 per ounce in 2004. Spot gold prices averaged $445 per ounce in 2005 and $410 per ounce in 2004. Crystallex presently sells all its gold to the Venezuelan Central Bank and receives the prevailing spot gold price. Gold sales proceeds are received in local currency and are used to fund ongoing operations and capital projects in Venezuela.

Operating Expenses

The Company's total cash costs of sales include mining, processing, mine administration, royalties and production taxes and exclude corporate general and administrative expenses, depreciation and depletion, financing costs, capital costs and reclamation accruals.

The Company's cash costs of sales for 2005 were $22.8 million, compared with $18.0 million in 2004. Although tonnes of waste and ore mined were 30% lower in 2005 than in 2004 and less ore was processed, operating costs were higher in 2005 for a number of reasons. For the last nine months of 2005, all costs at the mining operations were expensed, including costs that would typically be capitalized, such as underground ramp development. All costs are expensed at the El Callao operations due to the short reserve life at the Tomi mines. Higher operating costs in 2005 also reflect the impact of worldwide price inflation of commodities, including mining and processing consumables, particularly explosives, cyanide and steel grinding media. In addition, the 2005 operating expense figure includes costs associated with the BIOX pilot plant and concentrate studies for the La Victoria deposit and exploration expenses related to drilling on the Tomi concession. In general, the Tomi open pit operations are relatively high cost due to the significant amount of waste rock required to be mined. The strip ratio (the ratio of waste mined to ore mined) at the Tomi open pits averaged 6.3:1.0 in 2005.

On a unit cost basis, total cash costs were $401 per ounce of gold sold in 2005, compared with $365 per ounce in 2004. Unit costs were higher in 2005 as the increase in operating costs more than offset the increase in ounces sold.

General and Administrative Expenses

General and Administrative expenses were $19.5 million in 2005, compared with $18.2 million in 2004. General and administrative expenses in 2005 include $4.0 million for consulting fees related to the Las Cristinas project, an increase of $3.2 million from the year earlier and also reflect an increase of approximately $1.0 million in capital taxes. These increases were offset, in part, by a $1.3 million reduction in payroll related charges.

Forward Sales and Written Call Options

Crystallex eliminated its gold contract positions in 2005. During the year, the Company spent cash of $12.0 million to financially settle 93,119 ounces of gold contracts. The remaining 71,239 ounces of gold contract positions were closed out on December 23, 2005 and the settlement amount of $14.3 million was converted into a term loan facility with Standard Bank Plc to be partially amortized over the next three years (see Financing Activities).

Accounting for Derivative Instruments

The Company's forward sales and call options were designated as derivatives so they did not qualify for the normal sales exemption (or hedge accounting) for accounting treatment. The Company's metal trading contracts were recorded on the Balance Sheet at their mark-to-market value. Crystallex has no off-balance sheet gold contracts. Changes in the mark-to-market value of derivatives are recorded on the Balance Sheet and are recorded in earnings as an unrealized commodity contract gain (loss) in the Statement of Operations. The gains and losses occur as a result of changes in commodity prices and interest rates.

The variation in the mark-to-market value of options and forwards from period to period can cause significant volatility in earnings. The commodity contract loss in 2005 was $3.8 million. This included an unrealized gain of $8.3 million offset by a realized loss of $12.0 million. The unrealized gain represents the reduction in the mark-to-market value of the Company's gold contract obligations since December 31, 2004, while the realized loss reflects $12.0 million of cash spent during the year for financially settling 93,119 ounces of gold contracts.

Investment in Subsidiaries

In November 2004, Vengroup delivered a notice of arbitration to the Company and ECM. On December 29, 2005 the Company and ECM acquired the non-controlling shareholder interests in the holding companies which own or control the Lo Increible 2, 4C and 4D mining properties and the La Victoria concession for consideration of $6.6 million. As part of the transaction to acquire the non-controlling interests, the Company also entered into a two-year consulting agreement for total fees of $600,000. This investment in ECM and its subsidiaries was subsequently written down to nil at December 31, 2005, as the Company had previously written off its controlling interest in the related underlying mining assets.

Liquidity and Capital Resources

Crystallex's principal sources of liquidity have been equity and debt financings. The Company does not expect to generate positive operating cashflow (after corporate general and administrative expenses) until the Las Cristinas project is operating at full capacity. Crystallex forecasts cash requirements of approximately $275 million through the first quarter of 2008 to build Las Cristinas, fund the Company's operating deficit, and for debt service. The Company intends to fund this overall requirement with existing cash and from a combination of limited recourse project debt financing, and other forms of public market debt and equity financing.

Cash and Cash Equivalents

On December 31, 2005, the Company had cash and cash equivalents of $25.4 million (including restricted cash of $21.3 million), a decrease of $108.6 million since the beginning of the year. The restricted cash represents the balance of proceeds of a senior unsecured note financing held in escrow. Approximately $12.7 million of the restricted cash will be released to pay for approved capital expenditures detailed in the project budget for the development of Las Cristinas and $8.6 million will partially fund interest payments in 2006 on the senior unsecured notes.

Under the terms of the 9.375% senior unsecured notes, the net proceeds of $95.5 million were allocated to two pools: $81.4 million in the Project Pool to pay for approved Las Cristinas capital costs and $14.1 million in the Interest Pool to provide for the first three semi-annual interest payments. The $12.7 million balance in the Project Pool is forecast to provide sufficient funding for Las Cristinas planned capital expenditures through March 2006. Thereafter, Las Cristinas development expenditures will be funded with the Company's unrestricted cash.

Subsequent to year end, Crystallex completed a private placement of units consisting of 10,799,000 common shares and 12,250,000 warrants for net proceeds of $30.4 million, (see Financing Activities).

The change in the cash balance during 2005 is reconciled as follows:

Cash, Short-term Investments and Restricted Cash at
December 31, 2004 $134.0

Common Share and Warrant Financing Activities $16.2
Debt Borrowings $7.7
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Total Sources of Cash $23.9

Operating Cash Flow Deficit ($32.7)
Capital Expenditures - Las Cristinas (93.5)
Capital Expenditures - Other Operations (0.9)
Debt Service (4.5)
Financing Fees (0.9)
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Total Uses of Cash ($132.5)

Net Addition to Cash, Short-term Investments and
Restricted Cash ($108.6)
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Cash, Short-term Investments and Restricted Cash at
December 31, 2005 $25.4
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Cash Flow from Operations

Cash flow from operations (before capital expenditures) is principally affected by general and administrative expenditures, cash expenditures on reducing the Company's gold sales commitments, the level of gold sales, realized gold prices, cash operating costs, and movements in non-cash working capital. Cash flow from operations was a deficit of $32.7 million in 2005, compared with a deficit of $36.0 million the year earlier. Positive mine operating cash flow of $2.2 million in 2005 was offset principally by cash used for general and administrative expenses ($19.5 million) and for settling gold contract positions ($12.0 million).

Investing Activities

Capital expenditures totalled $94.4 million in 2005, compared with $50.9 million in 2004. The increase is attributable to higher spending on Las Cristinas. Capital expenditures for Las Cristinas totalled $93.5 million in 2005 and included expenditures for project development under the EPCM contract and also for general site costs, including camp refurbishment, environmental work, geotechnical drilling, exploration drilling and legal and professional fees associated with tax structuring and project financing.

Capital expenditures for 2005 and 2004 are summarized as follows:

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($ millions) 2005 2004
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Las Cristinas $93.5 $40.7
Revemin/ Tomi 0.4 9.1
Albino 0.5 0.8
Corporate --- 0.3
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Total $94.4 $50.9
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The amount of capital expenditures in 2006 will depend upon the timing of the receipt of the Las Cristinas Permit and the timing of future financings. Assuming receipt of the Permit at the beginning of the second quarter, capital expenditures at Las Cristinas and other corporate expenditures could exceed $170 million in 2006.

Financing Activities

In September 2005, the Company issued C$10 million of 5% senior unsecured notes ("Series 2 Notes") due March 13, 2006 to a counterparty. The notes were part of a Unit transaction that also included the issuance to the counterparty of 200,000 common shares of the Company and warrants to acquire 450,000 common shares of the Company at an exercise price of C$3.19 per share exercisable on or before September 13, 2006.

The Company also established a C$60 million equity draw down facility with the counterparty. Under the terms of the equity facility, the Company has the right, but not the obligation, to require the counterparty to purchase up to C$60 million of the Company's common shares in a series of draws over a 24 month period, from September 14, 2005 to September 14, 2007. The minimum share price at which the Company will sell shares to the counterparty is C$1.00. The Series 2 Notes provide that until the C$10 million principal value of the Series 2 Notes has been repaid, 50% of the proceeds of each draw under the equity draw down facility shall be applied to repay the Series 2 Notes.

During the fourth quarter of 2005, the Company issued the following shares to the counterparty upon the exercise of four draws under the equity draw down facility.

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Date Shares Issued Gross Proceeds
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October 5, 2005 4,092,680 C$6.0 million
October 31, 2005 2,924,259 C$4.6 million
November 30, 2005 3,163,657 C$6.0 million
December 16, 2005 2,092,640 C$5.0 million
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The C$10 million of Series 2 Notes were repaid in full by year end with proceeds from the four draws under the equity draw down facility. Subsequent to year end, on January 26, 2006, the Company exercised a fifth draw under the equity draw down facility and issued 1,661,130 shares to the counterparty for gross proceeds of C$5.0 million.

On December 23, 2005, the Company closed out the remaining 71,239 ounces of gold contract positions and converted the $14.3 million settlement amount into a term loan facility with Standard Bank Plc to be partially amortized over the next three years, maturing on December 31, 2008. The loan consists of a $7.5 million convertible portion and a $6.8 million non-convertible portion. The payment obligations with respect to the Company's existing $2.1 million loan with Standard Bank Plc have been restructured and coordinated with the repayment terms of the term loan.

Crystallex is required to make a single repayment at the beginning of each month of $150,000 for principal and interest covering both the new term loan facility and the restructured credit agreement with Standard Bank Plc. The principal amounts outstanding under both the new term loan facility and the restructured credit agreement bear interest at an annual rate of Libor plus 2.5%. The Company is required to make additional mandatory repayments, which are tied to the net proceeds of new equity financings, including convertible or exchangeable debt securities. All payments are applied first against accrued and unpaid interest on the loans and then against the outstanding principal, (in the case of the new term facility, the payments are applied against the outstanding principal of the non-convertible portion of the loan). When the non-convertible portion of the new term facility has been repaid, Standard Bank Plc can elect to either i) have the payment amount reduced to only cover accrued and unpaid interest on the convertible portion or ii) maintain the payment at $112,500 to be applied against interest and principal on the convertible portion. Any amounts outstanding under the new term loan facility and the restructured credit agreement after scheduled and additional mandatory repayments are due December 31, 2008.

Crystallex is providing a guarantee of the obligations under the new term loan and the restructured credit agreement. The restructured credit agreement remains secured by the Company's Tomi and Revemin assets. The non-convertible portion of the new term facility ranks pari passu with unsecured and unsubordinated debt of Crystallex. The convertible portion of the new term facility ranks subordinate in repayment terms to the existing $100 million of unsecured Crystallex notes.

The $7.5 million convertible portion of the new term facility is exchangeable at the option of Standard Bank into Crystallex shares. The number of Crystallex shares received upon conversion is determined by the loan amount to be converted divided by the lesser of C$2.32 (representing the average market price of Crystallex common shares on the Toronto Stock Exchange, ("TSX") for the five trading days preceding December 23, 2005) and the average market price for Crystallex common shares on the TSX for the five trading days preceding the exchange date. The exchange price per common share must not be lower than C$2.00. Crystallex can require Standard Bank to exercise its exchange right if the average market price for Crystallex shares on the TSX for any five trading days after April 24, 2006 exceeds C$4.40.

On December 29, 2005, the Company acquired for $6.6 million, the non-controlling shareholder interests in the holding companies which own or control the interests in certain of the Lo Increible mining properties in Venezuela. For consideration, on December 30, 2005 Crystallex issued to Vengroup 1,467,136 shares, for value of $3.0 million, and a $3.6 million exchangeable promissory note.

In February 2006, the Company completed a private placement of 10,799,000 units at a purchase price of US$2.90 per unit for net proceeds of US$30.4 million. The units consisted of 10,799,000 common shares and 12,250,000 share purchase warrants. Each warrant allows the holder to purchase a common share of the Company for US$4.25 per share for a period of 18 months commencing on the later of April 4, 2006 or 45 days following the receipt of the Permit for the Las Cristinas project.

As a result of the private placement financing and in accordance with the terms of the new term facility with Standard Bank Plc, the Company made a mandatory repayment of $2.1 million in February 2006 to Standard Bank Plc.

Contractual Obligations and Commitments

The Company's contractual obligations and commitments, as at December 31, 2005, are tabled below:

---------------------------------------------------------------------
---------------------------------------------------------------------
More
Less than 1 - 3 4 - 5 Than
US$ millions One Year Years Years 5 Years Total
---------------------------------------------------------------------
Long Term Debt
Repayments(1) $2.4 $17.5 --- $100.0 $119.9
---------------------------------------------------------------------
Asset Retirement
Obligations $0.1 $1.5 --- --- $1.6
---------------------------------------------------------------------
Operating Lease
Obligations $0.16 $0.12 $0.14 --- $0.42
---------------------------------------------------------------------

(1) Included in the debt repayment schedule is $3.6 million of
exchangeable notes, payable in four equal instalments commencing
June 2006. The Noteholders may elect to exchange the instalments
for shares of the Company and the Company has the option to
satisfy the instalment obligation with shares.


At the end of 2005, the Company had awarded contracts and purchase orders with a value of $179 million related to the development of the Las Cristinas project. Of this amount, $89 million had been paid by year end. The majority of the $90 million balance is related to construction contracts that have yet to commence.

In addition, the Company has royalty commitments that are only payable if gold is produced. There is no obligation to make payments if gold is not produced. Currently, the Company's only gold production is from the Tomi concession, which is subject to a 1.75% royalty on gold revenue. All gold production in Venezuela is subject to an exploitation tax, established under the Mining Law, which is payable to the Republic. The exploitation tax is presently 3% of gold revenue.

In the normal course of business, the Company has entered into contracts that contain commitments to pay amounts dependent upon future events. Such amounts, if any, are not determinable by the year end; consequently, no amounts have been accrued in the financial statements with respect to these commitments.

Related Party Transactions

During 2005, Crystallex entered into the following material transactions with related parties:

Legal Fees

- McMillan Binch Mendelsohn LLP: McMillan Binch Mendelsohn LLP provides legal services to the Company. David Matheson is counsel to McMillan Binch Mendelsohn LLP and was a member of the Board of Directors of Crystallex until June 24, 2005. During that period in 2005, McMillan Binch Mendelsohn LLP was paid $730,000 million for providing corporate legal services to Crystallex.

Management and Consulting Fees

Orion Securities Inc.: Orion Securities Inc. is an investment dealer that provided underwriting services to the Company. Mr. Robert Fung is a consultant to Orion Securities Inc. and is Chairman of the Board of Directors of Crystallex. During 2005, Orion was paid $121,000 for these services, none of which was to the benefit of Mr. Fung.

Outstanding Share Data

At March 27, 2006, 220,837,259 common shares of Crystallex were issued and outstanding. In addition, at March 27, 2006 options to purchase 11,514,294 common shares of Crystallex were outstanding under the Company's stock option plan and warrants to purchase 8,997,727 common shares of Crystallex were issued and outstanding. In addition, warrants to purchase 12,250,000 common shares of Crystallex were issued and can be exercised on the later of April 4, 2006 or 45 days following the receipt of the Permit for Las Cristinas.

Quarterly Data

-------------------------------------------------------------------
-------------------------------------------------------------------
2005
Q4 Q3 Q2 Q1
Revenue $6,623 $7,020 $6,301 $5,046
Net (Loss) ($18,585) ($10,338) ($8,295) ($7,989)


2004
Q4 Q3 Q2(1) Q1
Revenue $5,037 $5,632 $5,634 $3,943
Net (Loss) ($44,115) ($9,441) ($448) ($6,651)
-------------------------------------------------------------------
-------------------------------------------------------------------

(1) Reflects adjustment of $3.96 million relating to revised
accounting treatment of gain derived from Standard Bank orderly
disposition agreement.


Quarterly revenue in 2005, as compared with 2004 reflects higher gold sales and higher realized gold prices. Net income in the fourth quarter of 2005 reflects the impact of a $6.6 million write-down of an investment in a subsidiary company. The comparable quarter in 2004 reflects the impact of a $32.0 million write-down of mineral properties and property plant and equipment.

The quarterly trends are consistent with the explanations of the annual trends set out in this MD&A.

Critical Accounting Policies and Estimates

Critical accounting estimates are those estimates that have a high degree of uncertainty and for which changes in those estimates could materially impact the Company's results. Critical accounting estimates for the Company include property evaluations, capitalization of exploration and development costs and commodity derivative contracts.

Use of Estimates

The preparation of financial statements in conformity with accounting principals generally accepted in Canada requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets at the date of the consolidated financial statements. Significant estimates used herein include those relating to gold prices, recoverable proven and probable reserves, available resources, fair values of commodity derivative contracts, (principally fixed forward contracts and written call options) available operating capital and required reclamation costs. Among other things, these estimates each affect management's evaluation of asset impairment and the recorded balances of inventories, site closure and reclamation and remediation obligations. It is reasonably possible that actual results could differ in the near term from these and other estimates used in preparing these financial statements and such differences could be material.

Property Evaluations

The Company reviews and evaluates the recoverability of the carrying amounts of all its producing properties and related plant and equipment annually or when events and changes in circumstances indicate that the carrying value may not be recoverable. Estimated net future cashflows, on an undiscounted basis, are calculated using estimated recoverable ounces of gold (considering current proven and probable reserves), estimated future commodity price realization (considering historical and current prices, price trends and related factors), operating costs, future capital expenditures, project financing costs, reclamation costs and income taxes. Reductions in the carrying amount of property, plant and equipment, with corresponding charges to earnings, are recorded to the extent that the estimated future discounted net cashflows are less than the carrying amount.

Capitalization of Exploration and Development Costs

Mineral exploration costs such as topographical, geochemical, and geophysical studies are capitalized and carried at cost until the properties to which they relate are placed into production, sold, or where management has determined there to be a permanent impairment in value. Development costs incurred to access ore bodies identified in the current mining plan are expensed as incurred after production has commenced. Development costs necessary to extend a mine beyond those areas identified in the current mining plan and which are incurred to access additional reserves are deferred until the incremental reserves are mined. Mineral properties and development costs, including the mineral acquisition and direct mineral exploration costs relating to the current mining plan are depleted and amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves.

Commodity Derivative Contracts

The Company may use commodity derivative contracts, principally fixed forward contracts and written call options, to economically hedge exposure to fluctuations in the market price of gold. These instruments are not designated as hedges for accounting purposes and are carried on the balance sheet under the captions Commodity Contract Obligations at estimated fair market value.

Premiums received at the inception of written call options are initially recognized on the balance sheet as a liability. Unrealized gains or losses arising from changes in the fair market value of the liability related to both fixed forward contracts and written call options and realized gains/losses on commodity derivative contracts which are either settled financially or through physical delivery, are recognized in the statement of operations in the period of the change or settlement as commodity contract loss/gain.

Risk Factors

The business and operations of Crystallex are subject to risks. In addition to considering the other information in the Annual Information Form, you should carefully consider the following factors. Any of the following risks could have a material adverse effect on the Company, its business and future prospects.

Mine Operation Agreement

Lack of Ownership Rights

Under Venezuelan law, all mineral resources belong to the Republic of Venezuela. In accordance with the VML, the Government of Venezuela has reserved for itself the right to directly explore and exploit the Las Cristinas Deposits and has elected to do so through the CVG. See "Las Cristinas Project - Mine Operation Agreement." The Mine Operation Agreement is an operation agreement and does not transfer any property ownership rights to the Company. Rather, the Company has been authorized to exploit the Las Cristinas Deposits for the CVG in accordance with to the Mine Operation Agreement. The interests of the Company in the Las Cristinas Deposits are contingent upon the Company continuing to satisfy its obligations under the Mine Operation Agreement. Failure to do so could result in the CVG having the right to terminate the Mine Operation Agreement.

Lack of Copper Rights

In addition to gold, the Las Cristinas Deposits also contain very low levels of copper, 0.13% on average. Under the Mine Operation Agreement, the Company is only entitled to exploit the gold contained in the Las Cristinas Deposits. Based on the feasibility studies carried out by the Company and following discussions with the CVG, the Company has determined that exploiting the copper contained in the Las Cristinas Deposits would detract from the economics of the Las Cristinas Project. The Company does not need the right to exploit the copper contained in the Las Cristinas Deposits in order to exploit the gold and does not currently intend to negotiate with the CVG for the right to exploit the copper contained in the Las Cristinas Deposits.

Although the Company does not believe that the MIBAM would do so, the MIBAM retains the right to grant exploitation and other rights with respect to the copper contained in the Las Cristinas Deposits to the CVG or a third party. The Company has been advised by its Venezuelan counsel that:

(a) if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to the CVG, subject to fulfilling all necessary requirements of Venezuelan law (including the additional grant by the MIBAM to the CVG of the right to negotiate the exploitation of the copper with third parties), the CVG has agreed under the terms of the Mine Operation Agreement to negotiate the exploitation of the copper with the Company; and

(b) if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to a third party, the Company's right under the Mine Operation Agreement to exploit the gold contained in the Las Cristinas Deposits would, as a matter of Venezuelan law, take precedence over the third party's right to exploit the copper.

If the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to the CVG, there can be no assurance that the MIBAM will grant to the CVG the additional right to negotiate the exploitation of the copper with third parties or that the Company will be able to negotiate an agreement with respect to the exploitation of the copper with the CVG. Also, if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to a third party, or if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to the CVG and the CVG grants the right to exploit the copper to a third party, there can be no assurance that the Company will be successful under Venezuelan law in asserting that its right to exploit the gold contained in the Las Cristinas Deposits takes precedence over the third party's right to exploit the copper.

Additional Funding Requirements

Under the terms of the Mine Operation Agreement, the Company is required, among other things, to make all necessary investments and complete all works necessary to reactivate the Las Cristinas Deposits, to design, construct and operate a processing plant to process gold for its subsequent commercialization and sale and to return the mine, its installations and equipment to the CVG upon termination of the Mine Operation Agreement. In order to carry out the Las Cristinas Project and its other mining projects, the Company will need to raise substantial additional financing which may include one or more of non-recourse project debt and other forms of public markets debt and equity.

In September 2005, the Company issued C$10 million of 5% unsecured notes due March 13, 2006 to Azimuth Opportunity, Ltd. ("Azimuth") and established a C$60 million equity draw down facility with the same entity. The agreements between Azimuth and the Company stipulate that, until the C$10 million principal value of the unsecured notes has been repaid, 50% of the proceeds of each draw under the equity draw down facility shall be applied to repay the unsecured notes. During the fourth quarter of 2005 the Company received gross proceeds of C$21.6 million under the equity draw down facility, a portion of which was used to repay the outstanding C$10 million principal value of the unsecured notes. In January 2006 the Company raised additional gross proceeds of C$5.0 million under the equity draw down facility. In February 2006 the Company received gross proceeds of US$31.3 million under a private placement of units. Despite these financings, the Company currently has limited financial resources and there can be no assurance that sufficient additional financing will be available to the Company on acceptable terms or at all. Failure to obtain such additional financing could result in a delay or the indefinite postponement of the Las Cristinas Project and other mining projects of the Company and could also result in the Company defaulting in the performance of its obligations under the Mine Operation Agreement.

Reserve and Resource Estimates

The Company's reported mineral reserves and resources are estimates only. As a result, there can be no assurance that they will be recovered at the rates estimated or at all. Mineral reserve and resource estimates are based on limited sampling and are uncertain because the samples may not be representative. Mineral reserve and resource estimates may require revision (either up or down) based on actual production experience. Market fluctuations in the price of metals, increased production costs or reduced recovery rates may render estimated mineral reserves and resources uneconomic and may ultimately result in a restatement of mineral reserves and resources. In addition, short-term operating factors, such as the need for sequential development of ore bodies and the processing of new or different ore grades, may adversely affect the Company's profitability in any particular accounting period. If its mineral reserve and resource estimates are incorrect, the Company will not correctly allocate its financial resources, causing it either to spend too much on what could be a less than economic deposit or to fail to mine what could be a significant deposit.

Title to Mineral Properties

Acquisition of title to mineral properties is a very detailed and time-consuming process. Title to, and the area of, mineral properties may be disputed or impugned. Although the Company has investigated its title to the mineral properties for which it holds concessions or mineral leases or licenses, there can be no assurance that the Company has valid title to such mineral properties or that its title thereto will not be challenged or impugned. For example, mineral properties sometimes contain claims or transfer histories that examiners cannot verify; and transfers under foreign law often are complex. The Company does not carry title insurance with respect to its mineral properties. A successful claim that the Company does not have title to a mineral property could cause the Company to lose its rights to mine that property, perhaps without compensation for its prior expenditures relating to the property. Furthermore, as noted above under "Mine Operation Agreement - Lack of Ownership Rights," the Mine Operation Agreement does not transfer any property ownership rights to the Company.

In 2005 the Government of Venezuela announced that it would be changing the mining title regime from a system where title was granted in the form of either concessions or operating contracts to a system where all new title would be granted in the form of operating contracts. In order to effect this change, the Government advised that it would need to create a national mining company which would be the nation's contracting party covering the entire country of Venezuela. The Government also indicated that, given this change in title regime, it would also be appropriate to review all existing mining companies in a single comprehensive exercise to ensure that only companies found to be in compliance with their existing title terms and conditions would qualify for the new title. This review was completed as of December 31, 2005. MIBAM is expected to have completed its overall approval process by the end of March 2006. The Government's public references to the type of operating contract that it intends to implement for the mining industry are comparable to the Mine Operation Agreement the Company currently holds for the Las Cristinas Project.

Arbitration Proceedings

The Company is a party interested in, but is not a party to, an ongoing arbitration. See "Legal Proceedings" in the Company's 2005 AIF filed concurrently on SEDAR and EDGAR for a detailed description of the arbitration proceeding.

Gold Price Volatility

The gold price can fluctuate widely and is affected by numerous factors beyond the Company's control, including industrial and jewellery demand, inflation and expectations with respect to the rate of inflation, the strength of the U.S. dollar and other currencies, interest rates, gold sales by central banks, forward sales by producers, global or regional political or financial events, and production and cost levels in major gold-producing regions. The gold price is also subject to rapid short-term changes due to speculative activities. During the period 1998 to 2005, the gold price fluctuated between a low of US$253 and a high of US$536.50. On December 30, 2005, the p.m. fixing price of gold sold in the London Bullion Market was US$513.

The Company's revenues, cash flow and profitability are significantly affected by changes in the gold price. If the gold price declines below the cost of production at any of the Company's operations for a significant period, the Company may be required to suspend or terminate production at the affected operation. In addition, the Company may be required to restate its mineral reserves and resources, write down its investment and increase or accelerate reclamation and closure charges at the affected operation. Any of these developments could negatively affect the Company's profitability, cash flows and financial position. Accordingly, even if the Company discovers and produces gold, there can be no assurance that the gold price will be high enough to enable the Company to

[fireball69]

Antwort auf Beitrag Nr.: 21.038.759 von fireball69 am 31.03.06 23:52:43

Wie das Zwinkern in den Bericht rein kam ist mir unklar. War nicht meine Absicht!

[Zichel]

Antwort auf Beitrag Nr.: 21.038.783 von fireball69 am 31.03.06 23:55:45

Wieder ein schöner Schritt vorwärts.

Mich wundert nur, daß das Interesse hier im Board so gering ist - auf so eine Aktie muß man doch - wenn man sich mit Explorern befaßt - aufmerksam werden, oder?

Egal, ich freu mich, daß ich soviel Geduld hatte.

Gruß, Dirk

[Zichel]

Antwort auf Beitrag Nr.: 21.097.579 von Zichel am 06.04.06 09:42:31

Hallo? Keiner da?

Wir haben einen Kursanstieg von momentan fast 30 % und es ist niemand da? Konnte bisher noch keinen Grund bzw. keine News finden. Weiß irgendjemand mehr?

[Zichel]

Das hier ist die letzte News - allerdings auch schon über 1 Woche alt:


Monday, March 27, 2006

CRYSTALLEX INTERNATIONAL CORPORATION
Shares of Crystallex International Corp. (TSX:KRY) shot up more than 30 percent Monday, a day after the gold miner announced that the Venezuelan government has granted certain approvals for its long-delayed Las Cristinas project. Stock in the Toronto-based company traded at Can$4.44, up more than 21 percent, Monday afternoon after falling from its morning high of $5.10 on the Toronto Stock Exchange.

[Aggroman]

http://app.quotemedia.com/quotetools/popups/story.jsp


Sehr guter Firmenverlauf

Und ein Wahnsinns Volumen heute

kommt auf die Watchliste bei einer Konsolidierung (wenn einer überhaupt kommt) wird sie eingelegt

[fireball69]

Antwort auf Beitrag Nr.: 21.107.320 von Aggroman am 06.04.06 17:56:07

Hi,

kannst du den Inhalt direkt einstellen? Der Link funktioniert nicht. Danke.



Ich bin froh dabei geblieben zu sein. Geduld zahlt sich eben aus!!!!!

Ich bleibe LONG!

Fireball69

[Aggroman]

March 31, 2006 - 4:10 PM EST

close Email this News Article
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KRY 5.44 1.02

Today 5d 1m 3m 1y 5y 10y



T.KRY 6.33 1.19

Today 5d 1m 3m 1y 5y 10y



Crystallex Reports 2005 Year End Results
Crystallex International Corporation (TSX:KRY)(AMEX:KRY) today reported audited financial results for the year ending December 31, 2005. All dollar figures are in US Dollars unless otherwise indicated.

Commenting on the Company's progress, Todd Bruce, President and Chief Executive Officer of Crystallex said, "2005 proved to be a challenging year for Crystallex and its shareholders. However, it certainly had its positive achievements. In particular, we continued to advance Las Cristinas towards commercial gold production and those efforts were rewarded earlier this week with the announcement that the Ministry of Basic Industry and Mining ("MIBAM") had officially approved the technical, economic and financial aspects of the Las Cristinas gold Project as established in the Feasibility Study and in the Mine Operating Agreement. (Crystallex News Release dated March, 26, 2006). This fundamental milestone in the project process not only represents the last external input required by the Ministry of the Environment and Natural Resources ("MARN") to complete its final administrative processing steps in order to issue the Permit To Impact Natural Resources, but it also brings complete clarity to the project's technical, economic and financial parameters. We now look forward to commencing construction of the Las Cristinas project as soon we receive the Permit to Impact Natural Resources from MARN."

Several key objectives achieved during 2005 included:

- Advanced the final permitting phase for Las Cristinas

- Continued developing Las Cristinas by effectively completing engineering and design during the year and by procuring equipment and supplies for the construction and operating phase

- Updated the 2003 Las Cristinas Feasibility Study with a comprehensive 2005 Development Plan study

- Eliminated the remaining gold hedges at an average price of US$505 per ounce

- Record gold production of 53,000 ounces

- Consolidated our interests in certain Lo Increible properties in El Callao

Proven and probable gold reserves at Las Cristinas estimated at $400 per ounce are 13.6 million ounces (Crystallex News Release dated February 13, 2006). Proven reserves are 48 million tonnes grading 1.29 g/t and probable reserves are 305 million tonnes grading 1.18 g/t. Total proven and probable reserves are 353 million tonnes grading 1.2 g/t. The $400 per ounce reserve estimate by Mine Development Associates used the pit design from the 2005 Development Plan which was based on a $350 per ounce gold price assumption. Using the same $350 per ounce pit design and other physical parameters and costs from the 2005 Development Plan, the following table presents Las Cristinas reserves at various gold prices:


--------------------------------------------------------------------------------


---------------------------------------------------------------------
Ore Contained
Gold (million Grade Gold (thousand Strip
Price tonnes) (g/t) ounces) Ratio
---------------------------------------------------------------------
$400 353 1.20 13,596 1.1
---------------------------------------------------------------------
$450 378 1.15 14,004 1.0
---------------------------------------------------------------------
$500 405 1.10 14,397 0.9
---------------------------------------------------------------------
$550 431 1.06 14,729 0.8
---------------------------------------------------------------------


Mr. Bruce commented, "The results above demonstrate the positive leverage that the Las Cristinas reserves have to the gold price. Importantly, the estimates only capture gold contained in a pit designed using a $350 per ounce gold price through the conversion of "waste" blocks located within the design pit shell into economic ore reserves due to the higher gold price. There is no significant deepening of the pit involved because the density of drilling at depth below the pit bottom is currently inadequate for the inferred mineralization there to be upgraded into reserves. The deposit remains open at depth and other surface targets have been identified. Consequently we expect reserves to be greater than illustrated in the table above if pits were fundamentally redesigned at correspondingly higher gold prices in conjunction with further drilling."

Management's Discussion and Analysis

For the Year Ended December 31, 2005

(All dollar amounts in US dollars, unless otherwise stated)

The following Management's Discussion and Analysis ("MD&A") of the audited financial condition and results of the operations of Crystallex International Corporation ("Crystallex" or the "Company") for the year ended December 31, 2005 should be read in conjunction with the Company's annual audited consolidated financial statements and the notes relating thereto. The audited consolidated financial statements have been prepared in accordance with Canadian generally accepted accounting principles ("GAAP"). Effective January 1, 2004, the Company prepares and files its audited consolidated financial statements and MD&A in United States dollars. Except where noted, this MD&A has been prepared as of March 27, 2006.

Highlights

- Ministry of Mines formal approval of the Las Cristinas Feasibility Study, announced March 27, 2006.

- Gold reserves at Las Cristinas increased to 13.6 million ounces.

- Las Cristinas detailed engineering 98% completed by year end. Long lead time equipment has been fabricated and is ready to ship to site.

- Eliminated all remaining gold contract positions at an average cost of $505 per ounce.

- Record gold production of 53,000 ounces.

- Net loss for the year of $45.2 million, or ($0.23) per share, inclusive of a non-cash write-down of investments in subsidiary companies of $6.6 million and a $3.8 million commodity contract loss.


--------------------------------------------------------------------------------


Key Statistics
---------------------------------------------------------------------
---------------------------------------------------------------------
2005 2004 2003
---------------------------------------------------------------------
Operating Statistics
Gold Production (ounces) 53,178 48,973 35,244
Gold Sold (ounces) 55,217 49,478 30,632
Per Ounce Data:
Total Cash Cost(1) $401 $365 $385
Average Realized Gold Price $453 $409 $363
Average Spot Gold Price $445 $410 $363
Gold Reserves (ounces):
Operating Mines 38,100 90,400 419,300
Las Cristinas 13,594,000 12,849,000 10,165,000

Financial Results ($ 000's)
Revenues $24,990 $20,246 $11,329
Net Loss ($45,207) ($60,654) ($61,487)
Net Loss per Basic Share ($0.23) ($0.35) ($0.52)
Cash Flow from Operating
Activities ($32,714) ($36,005) ($26,539)

Financial Position ($ 000's)
Cash and Cash Equivalents $4,070 $5,767 $26,204
Short-term Investments --- $30,277 ---
Restricted Cash and
Equivalents $21,323 $98,006 ---
Total Debt $96,938 $85,088 $7,488
Shareholders' Equity $133,167 $143,554 $78,998
Weighted Average Shares
Outstanding - Basic
(millions) 194.7 172.2 118.3
---------------------------------------------------------------------
---------------------------------------------------------------------

(1) For an explanation, refer to the section on Non-GAAP measures.
The calculation is based on ounces of gold sold, not ounces
produced.


Financial Results Overview

The Company recorded a net loss of $45.2 million, or $0.23 per share in 2005, compared with a net loss of $60.7 million or $0.35 per share in 2004. The decline in the net loss in 2005 reflects a write-down of investments in subsidiaries of $6.6 million in 2005, as compared with mineral property write-downs in the prior year of $32.0 million.

Revenue of $25.0 million in 2005 was 23% higher than $20.2 million of revenue in 2004. The increase in revenue was attributable to a 12% increase in ounces of gold sold and an 11% increase in realized gold prices. In 2005, the Company sold 55,217 ounces of gold at an average realized price of $453 per ounce, while in 2004, 49,478 ounces of gold were sold at an average realized price of $409 per ounce. The average spot gold price in 2005 was $445 per ounce, compared with $410 per ounce in 2004.

Operating cash flow was a deficit of $32.7 million in 2005, compared with a deficit of $36.0 million in 2004. In 2005, mine site operating cash flow, (Mining Revenue less Operations Expenses) of $2.2 million was offset by expenditures of $12.0 million to financially settle gold sales contracts and by $19.5 million of general and administrative expenses. Capital expenditures increased by $43.5 million to $94.4 million in 2005, almost entirely due to increased spending on Las Cristinas. At year end 2005, the unrestricted cash balance was $4.1 million and the Company had restricted cash of $21.3 million.

Development Project

Las Cristinas

Permit Process Overview and Status

All mining projects require a land use permit and an authorization to impact the natural resources, both of which are issued by the Ministry of the Environment and Natural Resources, ("MARN"). The granting of the Permit to Impact Natural Resources (the "Permit") is dependent on approval of an environmental impact study ("EIS") by the MARN. The EIS process includes the filing of a comprehensive environmental, socio-economic and cultural impact study by the developer of the mining project. The Permit authorizes the developer to construct and operate its mine. In addition, approval of the project by the Government, in the form of the Ministry of Basic Industries and Mining ("MIBAM") approving the feasibility study of each project, is required before MARN can issue the Permit.

Following is a list of important milestones in the Las Cristinas permitting process:

- September 2003 - Feasibility Study for a 20,000 tpd operation is completed and released.

- March 2004 - CVG approved the Las Cristinas project.

- April 2004 - EIS was completed and submitted to MARN.

- August 2004 - Confirmed the first and prerequisite permit, the Land Use Permit.

- March 2006 - MIBAM approved the Las Cristinas Feasibility Study.

The MIBAM approval of the Las Cristinas project represents the last external input on the project required by MARN to complete the permitting process by issuing the Permit.

Project Overview

In September 2002, the Company signed a Mining Operation Agreement, ("MOA") with the Corporacion Venezolana de Guayana, ("CVG") which granted Crystallex exclusive rights to develop and exploit the gold deposits on the Las Cristinas property. A positive Feasibility Study was completed by SNC Lavalin Engineers and Constructors Inc., ("SNCL") in September 2003. The study was approved by the CVG in March, 2004. An Engineering, Procurement and Construction Management, ("EPCM") contract to provide services for the development of Las Cristinas was awarded to SNCL in March 2004.

An EIS was submitted to the MARN in April 2004 to initiate the project permitting process. In September 2004, a Socio-Economic Impact Assessment was completed by Proconsult C.A., of Venezuela, while SNCL also completed a construction phase Environmental Supervision Plan. Both reports were submitted to the MARN.

In 2005, the Government of Venezuela announced that it would be changing the mining title regime from a system where title was granted in the form of either concessions or operating contracts to a system where all new economic interest would be granted in the form of operating contracts. The Government's public references to the type of operating contract that it intends to implement for the mining industry are comparable to the MOA the Company currently holds for Las Cristinas. In order to effect the policy change process, the Government advised that it would need to create a national mining company which would be the nation's contracting party covering the entire country. The Government stated that the existing mining assets of the CVG would be transferred to create the core of the new national mining company. Given the change in the CVG's status in the mining sector, the Government decided that the MIBAM would take over the regulatory role previously administered by the CVG in terms of approving projects on behalf of the Government. MIBAM has reviewed Las Cristinas based on the previous CVG approval and has formally approved the Las Cristinas feasibility study.

In 2005, Crystallex spent $93.5 million on Las Cristinas. Of this, approximately $70 million was for equipment purchases and engineering services detailed in the capital budget of $293 million. The balance of the Las Cristinas expenditures were for programs not included in the $293 million capital budget, including social and community development programs, expansion of the airstrip at site, exploration, environmental work and general site administration costs.

Since the inception of the EPCM contract in April 2004, expenditures related to Las Cristinas total $131.9 million. Of this, approximately $89 million is related to the $293 million capital budget governed by the EPCM contract.

2005 Development Progress

Considerable progress was achieved under the EPCM contract during 2005. Engineering design was 98% completed by year end and will be finalized after receipt of the Permit. By year end, bids had been received for 95% of the total number of purchase orders and contracts and approximately 80% of the total had been awarded. At December 31, 2005, the sum of payments to date for equipment ($89 million) plus the value of outstanding equipment under purchase orders and the value of commitments associated with awarded construction contracts was $179 million.

The Company is in a position to initiate site development upon receipt of the Permit. The camp has been refurbished to accommodate the construction workforce, the administration offices are occupied and the main access road to the site has been upgraded. Contracts have been awarded for initial site work including construction of the river diversion channel and the construction of the tailings management facility, while the contract for site preparation is close to being awarded. The conditional power supply contract with EDELCA, the state utility, has been approved and provides a 10 year term with an average rate of $0.032 per kilowatt hour based on a 20,000 tpd operation. In addition, most long lead time equipment pieces were received and paid for by year end. Approximately $51 million of new equipment is currently in storage, primarily in Houston, Texas. Equipment will be shipped to Venezuela after receipt of the Permit.

The Project Schedule will be updated upon receipt of the Permit. It is currently expected that once the Permit is received the development period through commissioning of the plant will be approximately 20 to 22 months.

A comprehensive update to the September 2003 20,000 tpd Feasibility Study was completed by SNCL in August 2005. The update, titled Development Plan - 2005, was commissioned to incorporate a number of design enhancements and to include a review of capital and operating cost estimates. The revised capital estimate is $293 million, an increase of approximately 10% from the June 2004 estimate. The capital estimate is exclusive of Value Added Tax, ("VAT"). As provided for under Venezuelan law, Crystallex has applied for an exoneration of VAT during the construction phase of Las Cristinas. The capital increase reflects higher costs for crushed stone, concrete, costs associated with delays in receiving the Permit and inflation. With the advanced state of equipment purchasing and awarding of contracts, the Company has a high degree of confidence in the revised capital estimate. The estimate of operating costs also increased, with life of mine operating costs currently estimated to be $221 per ounce (including royalties calculated at a $350/oz gold price) as compared with the previous estimate of $206 per ounce. The increase results from higher costs for mill operating supplies, primarily sodium cyanide and steel grinding media, and to higher labour cost estimates. The increase in prices for mill supplies is related to a global inflation of commodity prices, while the labour charge stems from both increasing labour rates and manpower levels.

The Development Plan - 2005 included an updated estimate of resources and reserves at Las Cristinas. The revised reserve estimate incorporated the higher operating costs and the results of Crystallex drilling programs in 2004 and 2005. Measured and Indicated resources were estimated to be 501 million tonnes grading 1.1 grams per tonne gold, containing 17.7 million ounces of gold. Included in the Measured and Indicated resources are proven and probable reserves of 295 million tonnes grading 1.32 grams per tonne gold, representing 12.5 million ounces of gold calculated using a $350 per ounce gold price. Subsequent to year end 2005, Mine Development Associates ("MDA") calculated the reserves at Las Cristinas using a $400 per ounce gold price. The pit design and other physical parameters and costs that were used in the Development Plan did not change. At $400 per ounce, proven and probable reserves at Las Cristinas are 353 million tonnes grading 1.20 g/t containing 13.6 million ounces of gold. At a $400 per ounce gold price the total average operating cash costs increase due to higher royalty payments. Total cash costs, including royalties, at $400 per ounce, average $160 per ounce for the first five years and $228 per ounce over the life of the mine.

Crystallex also engaged SNCL to complete a Pre-Feasibility study for expanding Las Cristinas from an initial 20,000 tpd to a 40,000 tpd operation. The study, completed in October 2005, assumes mechanical completion of the expansion to 40,000 tpd approximately two years after completion of the 20,000 tpd plant. The estimate of incremental capital to double the capacity of the operation is $153 million. Operating costs over the life of mine were estimated to be $208 per ounce (including royalties calculated at a $350/oz gold price), as compared with $221 per ounce for the 20,000 tpd operation. The mine life was reduced from 41 years at 20,000 tpd to 23 years with the expansion to 40,000 tpd. Average annual production over the mine life was estimated to be 504,000 ounces at 40,000 tpd, as compared with 274,000 ounces at 20,000 tpd.


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Operations Review

Production

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Gold Production (ounces) 2005 2004 2003
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Tomi Open Pits 30,290 35,961 24,360
Tomi Underground 19,811 5,891 2,753
La Victoria 1,491 2,412 5,564
Purchased Material 1,586 4,709 2,567
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Total Gold Production (ounces) 53,178 48,973 35,244
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Total Ore Processed(1) (tonnes) 418,414 443,504 370,276
Head Grade of Ore Processed (g/t) 4.2 3.7 3.5
Total Recovery Rate (%) 94% 93% 84%
Total Recovered (ounces) 53,178 48,973 35,244
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Total Cash Cost Per Ounce Sold $365 $385
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Mine Operating Cashflow ($,000) $2,235 $2,208 ($454)
Capital Expenditures ($,000) $856 $9,900 $1,722
Cash Flow After Capital(2) ($,000) $1,379 ($7,692) ($2,176)
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(1) Ore from Tomi, La Victoria and purchased material is processed at
the Company's Revemin mill.
(2) Capital expenditures at operating mines, (excludes Las Cristinas)


The Company produced a record 53,000 ounces of gold at its Venezuelan operations in 2005, an 8% increase over 2004. Gold production in 2005 was almost exclusively from the Tomi concession, located near El Callao in Bolivar state.

As compared with the year earlier period, a more than threefold increase in production from the Tomi underground mine offset a 16% reduction in open pit production. By the third quarter of 2005, the underground mine was consistently producing ore at design levels of 6,000 tonnes per month. During 2006, underground production is forecast to average 6,000 tonnes per month at grades exceeding 11.0 g/t.

The decline in gold recovered from the open pits was attributable to processing fewer tonnes of ore and a decrease in the grade of ore processed from 3.5 g/t to 3.2 g/t. Open pit mining was conducted principally at the Mackenzie and Miligrito pits on the Tomi concession. By year end, the main Miligrito pit was depleted. During the fourth quarter of 2005, the Company evaluated a plan to extend, by approximately one year, the Mackenzie pit to the north to access some 288,000 tonnes of ore grading 2.9 g/t. At a gold price in excess of $400 per ounce the north extension was viable and a decision was made to continue mining at Mackenzie. During 2006, the Mackenzie pit will provide the majority of the ore for the Revemin mill.

The mining operations generated cash flow of approximately $2.2 million in 2005, the same level as the year earlier. After capital expenditures, mine site cash flow was $1.4 million in 2005 and a deficit of $7.7 million in 2004.

During 2006, the Company plans to conduct exploration on the Tomi properties with the aim of finding sufficient open pit ore to supply the Revemin mill after the depletion of the existing Tomi pits in early 2007. Exploration is also planned for the Lo Increible property near El Callao.


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Tomi

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100% Basis 2005 2004 2003
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Tomi Open Pits (100% Crystallex)
Tonnes Ore Mined 313,599 334,289 268,169
Tonnes Waste Mined 1,971,402 2,751,124 919,137
Tonnes Ore Processed 319,287 350,008 247,644
Average Grade of Ore
Processed (g/t) 3.2 3.5 3.5
Recovery Rate (%) 93% 92% 88%
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Production (ounces) 30,290 35,961 24,360
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Tomi Underground (100% Crystallex)
Tonnes Ore Mined 72,177 26,966 12,698
Tonnes Ore Processed 63,319 28,454 11,070
Average Grade of Ore
Processed (g/t) 10.2 6.9 8.3
Recovery Rate (%) 95% 94% 93%
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Production (ounces) 19,811 5,891 2,753
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La Victoria

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100% Basis 2005 2004 2003
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La Victoria
Tonnes Ore Mined 24,892 36,012 86,078
Tonnes Waste Mined 126,704 481,210 461,163
Tonnes Ore Processed 25,649 25,974 89,025
Average Grade of Ore
Processed (g/t) 2.02 3.18 2.8
Recovery Rate (%) 89% 91% 68%
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Production (ounces) 1,491 2,412 5,564
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During 2005, Crystallex reviewed alternative methods for processing of refractory sulphide ore at La Victoria. However, at present, modifying the Revemin mill is not economically attractive as there is insufficient mineralized material to recover capital for mill modifications, diverting the Yuruari River and pre-production waste stripping.

An in-pit crusher at La Victoria is currently being used to crush waste rock which is trucked to Las Cristinas for use as construction aggregate.

Income Statement

Revenue

Revenue in 2005 was $25.0 million, compared with $20.2 million in 2004. The increase in revenue in 2005 was attributable to selling over 11% more gold than the prior year and realizing a higher average price on gold sales. Gold sales in 2005 were 55,217 ounces, compared with 49,478 in 2004. The increase in ounces sold was due to higher gold production as described in the Operations Review section of this MD&A. The Company realized an average gold sales price of $453 per ounce in 2005, up from $409 per ounce in 2004. Spot gold prices averaged $445 per ounce in 2005 and $410 per ounce in 2004. Crystallex presently sells all its gold to the Venezuelan Central Bank and receives the prevailing spot gold price. Gold sales proceeds are received in local currency and are used to fund ongoing operations and capital projects in Venezuela.

Operating Expenses

The Company's total cash costs of sales include mining, processing, mine administration, royalties and production taxes and exclude corporate general and administrative expenses, depreciation and depletion, financing costs, capital costs and reclamation accruals.

The Company's cash costs of sales for 2005 were $22.8 million, compared with $18.0 million in 2004. Although tonnes of waste and ore mined were 30% lower in 2005 than in 2004 and less ore was processed, operating costs were higher in 2005 for a number of reasons. For the last nine months of 2005, all costs at the mining operations were expensed, including costs that would typically be capitalized, such as underground ramp development. All costs are expensed at the El Callao operations due to the short reserve life at the Tomi mines. Higher operating costs in 2005 also reflect the impact of worldwide price inflation of commodities, including mining and processing consumables, particularly explosives, cyanide and steel grinding media. In addition, the 2005 operating expense figure includes costs associated with the BIOX pilot plant and concentrate studies for the La Victoria deposit and exploration expenses related to drilling on the Tomi concession. In general, the Tomi open pit operations are relatively high cost due to the significant amount of waste rock required to be mined. The strip ratio (the ratio of waste mined to ore mined) at the Tomi open pits averaged 6.3:1.0 in 2005.

On a unit cost basis, total cash costs were $401 per ounce of gold sold in 2005, compared with $365 per ounce in 2004. Unit costs were higher in 2005 as the increase in operating costs more than offset the increase in ounces sold.

General and Administrative Expenses

General and Administrative expenses were $19.5 million in 2005, compared with $18.2 million in 2004. General and administrative expenses in 2005 include $4.0 million for consulting fees related to the Las Cristinas project, an increase of $3.2 million from the year earlier and also reflect an increase of approximately $1.0 million in capital taxes. These increases were offset, in part, by a $1.3 million reduction in payroll related charges.

Forward Sales and Written Call Options

Crystallex eliminated its gold contract positions in 2005. During the year, the Company spent cash of $12.0 million to financially settle 93,119 ounces of gold contracts. The remaining 71,239 ounces of gold contract positions were closed out on December 23, 2005 and the settlement amount of $14.3 million was converted into a term loan facility with Standard Bank Plc to be partially amortized over the next three years (see Financing Activities).

Accounting for Derivative Instruments

The Company's forward sales and call options were designated as derivatives so they did not qualify for the normal sales exemption (or hedge accounting) for accounting treatment. The Company's metal trading contracts were recorded on the Balance Sheet at their mark-to-market value. Crystallex has no off-balance sheet gold contracts. Changes in the mark-to-market value of derivatives are recorded on the Balance Sheet and are recorded in earnings as an unrealized commodity contract gain (loss) in the Statement of Operations. The gains and losses occur as a result of changes in commodity prices and interest rates.

The variation in the mark-to-market value of options and forwards from period to period can cause significant volatility in earnings. The commodity contract loss in 2005 was $3.8 million. This included an unrealized gain of $8.3 million offset by a realized loss of $12.0 million. The unrealized gain represents the reduction in the mark-to-market value of the Company's gold contract obligations since December 31, 2004, while the realized loss reflects $12.0 million of cash spent during the year for financially settling 93,119 ounces of gold contracts.

Investment in Subsidiaries

In November 2004, Vengroup delivered a notice of arbitration to the Company and ECM. On December 29, 2005 the Company and ECM acquired the non-controlling shareholder interests in the holding companies which own or control the Lo Increible 2, 4C and 4D mining properties and the La Victoria concession for consideration of $6.6 million. As part of the transaction to acquire the non-controlling interests, the Company also entered into a two-year consulting agreement for total fees of $600,000. This investment in ECM and its subsidiaries was subsequently written down to nil at December 31, 2005, as the Company had previously written off its controlling interest in the related underlying mining assets.

Liquidity and Capital Resources

Crystallex's principal sources of liquidity have been equity and debt financings. The Company does not expect to generate positive operating cashflow (after corporate general and administrative expenses) until the Las Cristinas project is operating at full capacity. Crystallex forecasts cash requirements of approximately $275 million through the first quarter of 2008 to build Las Cristinas, fund the Company's operating deficit, and for debt service. The Company intends to fund this overall requirement with existing cash and from a combination of limited recourse project debt financing, and other forms of public market debt and equity financing.

Cash and Cash Equivalents

On December 31, 2005, the Company had cash and cash equivalents of $25.4 million (including restricted cash of $21.3 million), a decrease of $108.6 million since the beginning of the year. The restricted cash represents the balance of proceeds of a senior unsecured note financing held in escrow. Approximately $12.7 million of the restricted cash will be released to pay for approved capital expenditures detailed in the project budget for the development of Las Cristinas and $8.6 million will partially fund interest payments in 2006 on the senior unsecured notes.

Under the terms of the 9.375% senior unsecured notes, the net proceeds of $95.5 million were allocated to two pools: $81.4 million in the Project Pool to pay for approved Las Cristinas capital costs and $14.1 million in the Interest Pool to provide for the first three semi-annual interest payments. The $12.7 million balance in the Project Pool is forecast to provide sufficient funding for Las Cristinas planned capital expenditures through March 2006. Thereafter, Las Cristinas development expenditures will be funded with the Company's unrestricted cash.

Subsequent to year end, Crystallex completed a private placement of units consisting of 10,799,000 common shares and 12,250,000 warrants for net proceeds of $30.4 million, (see Financing Activities).

The change in the cash balance during 2005 is reconciled as follows:


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Cash, Short-term Investments and Restricted Cash at
December 31, 2004 $134.0

Common Share and Warrant Financing Activities $16.2
Debt Borrowings $7.7
--------
Total Sources of Cash $23.9

Operating Cash Flow Deficit ($32.7)
Capital Expenditures - Las Cristinas (93.5)
Capital Expenditures - Other Operations (0.9)
Debt Service (4.5)
Financing Fees (0.9)
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Total Uses of Cash ($132.5)

Net Addition to Cash, Short-term Investments and
Restricted Cash ($108.6)
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Cash, Short-term Investments and Restricted Cash at
December 31, 2005 $25.4
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Cash Flow from Operations

Cash flow from operations (before capital expenditures) is principally affected by general and administrative expenditures, cash expenditures on reducing the Company's gold sales commitments, the level of gold sales, realized gold prices, cash operating costs, and movements in non-cash working capital. Cash flow from operations was a deficit of $32.7 million in 2005, compared with a deficit of $36.0 million the year earlier. Positive mine operating cash flow of $2.2 million in 2005 was offset principally by cash used for general and administrative expenses ($19.5 million) and for settling gold contract positions ($12.0 million).

Investing Activities

Capital expenditures totalled $94.4 million in 2005, compared with $50.9 million in 2004. The increase is attributable to higher spending on Las Cristinas. Capital expenditures for Las Cristinas totalled $93.5 million in 2005 and included expenditures for project development under the EPCM contract and also for general site costs, including camp refurbishment, environmental work, geotechnical drilling, exploration drilling and legal and professional fees associated with tax structuring and project financing.


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Capital expenditures for 2005 and 2004 are summarized as follows:

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($ millions) 2005 2004
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Las Cristinas $93.5 $40.7
Revemin/ Tomi 0.4 9.1
Albino 0.5 0.8
Corporate --- 0.3
----- -----
Total $94.4 $50.9
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The amount of capital expenditures in 2006 will depend upon the timing of the receipt of the Las Cristinas Permit and the timing of future financings. Assuming receipt of the Permit at the beginning of the second quarter, capital expenditures at Las Cristinas and other corporate expenditures could exceed $170 million in 2006.

Financing Activities

In September 2005, the Company issued C$10 million of 5% senior unsecured notes ("Series 2 Notes") due March 13, 2006 to a counterparty. The notes were part of a Unit transaction that also included the issuance to the counterparty of 200,000 common shares of the Company and warrants to acquire 450,000 common shares of the Company at an exercise price of C$3.19 per share exercisable on or before September 13, 2006.

The Company also established a C$60 million equity draw down facility with the counterparty. Under the terms of the equity facility, the Company has the right, but not the obligation, to require the counterparty to purchase up to C$60 million of the Company's common shares in a series of draws over a 24 month period, from September 14, 2005 to September 14, 2007. The minimum share price at which the Company will sell shares to the counterparty is C$1.00. The Series 2 Notes provide that until the C$10 million principal value of the Series 2 Notes has been repaid, 50% of the proceeds of each draw under the equity draw down facility shall be applied to repay the Series 2 Notes.

During the fourth quarter of 2005, the Company issued the following shares to the counterparty upon the exercise of four draws under the equity draw down facility.


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Date Shares Issued Gross Proceeds
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October 5, 2005 4,092,680 C$6.0 million
October 31, 2005 2,924,259 C$4.6 million
November 30, 2005 3,163,657 C$6.0 million
December 16, 2005 2,092,640 C$5.0 million
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The C$10 million of Series 2 Notes were repaid in full by year end with proceeds from the four draws under the equity draw down facility. Subsequent to year end, on January 26, 2006, the Company exercised a fifth draw under the equity draw down facility and issued 1,661,130 shares to the counterparty for gross proceeds of C$5.0 million.

On December 23, 2005, the Company closed out the remaining 71,239 ounces of gold contract positions and converted the $14.3 million settlement amount into a term loan facility with Standard Bank Plc to be partially amortized over the next three years, maturing on December 31, 2008. The loan consists of a $7.5 million convertible portion and a $6.8 million non-convertible portion. The payment obligations with respect to the Company's existing $2.1 million loan with Standard Bank Plc have been restructured and coordinated with the repayment terms of the term loan.

Crystallex is required to make a single repayment at the beginning of each month of $150,000 for principal and interest covering both the new term loan facility and the restructured credit agreement with Standard Bank Plc. The principal amounts outstanding under both the new term loan facility and the restructured credit agreement bear interest at an annual rate of Libor plus 2.5%. The Company is required to make additional mandatory repayments, which are tied to the net proceeds of new equity financings, including convertible or exchangeable debt securities. All payments are applied first against accrued and unpaid interest on the loans and then against the outstanding principal, (in the case of the new term facility, the payments are applied against the outstanding principal of the non-convertible portion of the loan). When the non-convertible portion of the new term facility has been repaid, Standard Bank Plc can elect to either i) have the payment amount reduced to only cover accrued and unpaid interest on the convertible portion or ii) maintain the payment at $112,500 to be applied against interest and principal on the convertible portion. Any amounts outstanding under the new term loan facility and the restructured credit agreement after scheduled and additional mandatory repayments are due December 31, 2008.

Crystallex is providing a guarantee of the obligations under the new term loan and the restructured credit agreement. The restructured credit agreement remains secured by the Company's Tomi and Revemin assets. The non-convertible portion of the new term facility ranks pari passu with unsecured and unsubordinated debt of Crystallex. The convertible portion of the new term facility ranks subordinate in repayment terms to the existing $100 million of unsecured Crystallex notes.

The $7.5 million convertible portion of the new term facility is exchangeable at the option of Standard Bank into Crystallex shares. The number of Crystallex shares received upon conversion is determined by the loan amount to be converted divided by the lesser of C$2.32 (representing the average market price of Crystallex common shares on the Toronto Stock Exchange, ("TSX") for the five trading days preceding December 23, 2005) and the average market price for Crystallex common shares on the TSX for the five trading days preceding the exchange date. The exchange price per common share must not be lower than C$2.00. Crystallex can require Standard Bank to exercise its exchange right if the average market price for Crystallex shares on the TSX for any five trading days after April 24, 2006 exceeds C$4.40.

On December 29, 2005, the Company acquired for $6.6 million, the non-controlling shareholder interests in the holding companies which own or control the interests in certain of the Lo Increible mining properties in Venezuela. For consideration, on December 30, 2005 Crystallex issued to Vengroup 1,467,136 shares, for value of $3.0 million, and a $3.6 million exchangeable promissory note.

In February 2006, the Company completed a private placement of 10,799,000 units at a purchase price of US$2.90 per unit for net proceeds of US$30.4 million. The units consisted of 10,799,000 common shares and 12,250,000 share purchase warrants. Each warrant allows the holder to purchase a common share of the Company for US$4.25 per share for a period of 18 months commencing on the later of April 4, 2006 or 45 days following the receipt of the Permit for the Las Cristinas project.

As a result of the private placement financing and in accordance with the terms of the new term facility with Standard Bank Plc, the Company made a mandatory repayment of $2.1 million in February 2006 to Standard Bank Plc.

Contractual Obligations and Commitments

The Company's contractual obligations and commitments, as at December 31, 2005, are tabled below:


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More
Less than 1 - 3 4 - 5 Than
US$ millions One Year Years Years 5 Years Total
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Long Term Debt
Repayments(1) $2.4 $17.5 --- $100.0 $119.9
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Asset Retirement
Obligations $0.1 $1.5 --- --- $1.6
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Operating Lease
Obligations $0.16 $0.12 $0.14 --- $0.42
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(1) Included in the debt repayment schedule is $3.6 million of
exchangeable notes, payable in four equal instalments commencing
June 2006. The Noteholders may elect to exchange the instalments
for shares of the Company and the Company has the option to
satisfy the instalment obligation with shares.


At the end of 2005, the Company had awarded contracts and purchase orders with a value of $179 million related to the development of the Las Cristinas project. Of this amount, $89 million had been paid by year end. The majority of the $90 million balance is related to construction contracts that have yet to commence.

In addition, the Company has royalty commitments that are only payable if gold is produced. There is no obligation to make payments if gold is not produced. Currently, the Company's only gold production is from the Tomi concession, which is subject to a 1.75% royalty on gold revenue. All gold production in Venezuela is subject to an exploitation tax, established under the Mining Law, which is payable to the Republic. The exploitation tax is presently 3% of gold revenue.

In the normal course of business, the Company has entered into contracts that contain commitments to pay amounts dependent upon future events. Such amounts, if any, are not determinable by the year end; consequently, no amounts have been accrued in the financial statements with respect to these commitments.

Related Party Transactions

During 2005, Crystallex entered into the following material transactions with related parties:

Legal Fees

- McMillan Binch Mendelsohn LLP: McMillan Binch Mendelsohn LLP provides legal services to the Company. David Matheson is counsel to McMillan Binch Mendelsohn LLP and was a member of the Board of Directors of Crystallex until June 24, 2005. During that period in 2005, McMillan Binch Mendelsohn LLP was paid $730,000 million for providing corporate legal services to Crystallex.

Management and Consulting Fees

Orion Securities Inc.: Orion Securities Inc. is an investment dealer that provided underwriting services to the Company. Mr. Robert Fung is a consultant to Orion Securities Inc. and is Chairman of the Board of Directors of Crystallex. During 2005, Orion was paid $121,000 for these services, none of which was to the benefit of Mr. Fung.

Outstanding Share Data

At March 27, 2006, 220,837,259 common shares of Crystallex were issued and outstanding. In addition, at March 27, 2006 options to purchase 11,514,294 common shares of Crystallex were outstanding under the Company's stock option plan and warrants to purchase 8,997,727 common shares of Crystallex were issued and outstanding. In addition, warrants to purchase 12,250,000 common shares of Crystallex were issued and can be exercised on the later of April 4, 2006 or 45 days following the receipt of the Permit for Las Cristinas.


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Quarterly Data

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2005
Q4 Q3 Q2 Q1
Revenue $6,623 $7,020 $6,301 $5,046
Net (Loss) ($18,585) ($10,338) ($8,295) ($7,989)


2004
Q4 Q3 Q2(1) Q1
Revenue $5,037 $5,632 $5,634 $3,943
Net (Loss) ($44,115) ($9,441) ($448) ($6,651)
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(1) Reflects adjustment of $3.96 million relating to revised
accounting treatment of gain derived from Standard Bank orderly
disposition agreement.


Quarterly revenue in 2005, as compared with 2004 reflects higher gold sales and higher realized gold prices. Net income in the fourth quarter of 2005 reflects the impact of a $6.6 million write-down of an investment in a subsidiary company. The comparable quarter in 2004 reflects the impact of a $32.0 million write-down of mineral properties and property plant and equipment.

The quarterly trends are consistent with the explanations of the annual trends set out in this MD&A.

Critical Accounting Policies and Estimates

Critical accounting estimates are those estimates that have a high degree of uncertainty and for which changes in those estimates could materially impact the Company's results. Critical accounting estimates for the Company include property evaluations, capitalization of exploration and development costs and commodity derivative contracts.

Use of Estimates

The preparation of financial statements in conformity with accounting principals generally accepted in Canada requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets at the date of the consolidated financial statements. Significant estimates used herein include those relating to gold prices, recoverable proven and probable reserves, available resources, fair values of commodity derivative contracts, (principally fixed forward contracts and written call options) available operating capital and required reclamation costs. Among other things, these estimates each affect management's evaluation of asset impairment and the recorded balances of inventories, site closure and reclamation and remediation obligations. It is reasonably possible that actual results could differ in the near term from these and other estimates used in preparing these financial statements and such differences could be material.

Property Evaluations

The Company reviews and evaluates the recoverability of the carrying amounts of all its producing properties and related plant and equipment annually or when events and changes in circumstances indicate that the carrying value may not be recoverable. Estimated net future cashflows, on an undiscounted basis, are calculated using estimated recoverable ounces of gold (considering current proven and probable reserves), estimated future commodity price realization (considering historical and current prices, price trends and related factors), operating costs, future capital expenditures, project financing costs, reclamation costs and income taxes. Reductions in the carrying amount of property, plant and equipment, with corresponding charges to earnings, are recorded to the extent that the estimated future discounted net cashflows are less than the carrying amount.

Capitalization of Exploration and Development Costs

Mineral exploration costs such as topographical, geochemical, and geophysical studies are capitalized and carried at cost until the properties to which they relate are placed into production, sold, or where management has determined there to be a permanent impairment in value. Development costs incurred to access ore bodies identified in the current mining plan are expensed as incurred after production has commenced. Development costs necessary to extend a mine beyond those areas identified in the current mining plan and which are incurred to access additional reserves are deferred until the incremental reserves are mined. Mineral properties and development costs, including the mineral acquisition and direct mineral exploration costs relating to the current mining plan are depleted and amortized using the unit-of-production method over the estimated life of the ore body based on proven and probable reserves.

Commodity Derivative Contracts

The Company may use commodity derivative contracts, principally fixed forward contracts and written call options, to economically hedge exposure to fluctuations in the market price of gold. These instruments are not designated as hedges for accounting purposes and are carried on the balance sheet under the captions Commodity Contract Obligations at estimated fair market value.

Premiums received at the inception of written call options are initially recognized on the balance sheet as a liability. Unrealized gains or losses arising from changes in the fair market value of the liability related to both fixed forward contracts and written call options and realized gains/losses on commodity derivative contracts which are either settled financially or through physical delivery, are recognized in the statement of operations in the period of the change or settlement as commodity contract loss/gain.

Risk Factors

The business and operations of Crystallex are subject to risks. In addition to considering the other information in the Annual Information Form, you should carefully consider the following factors. Any of the following risks could have a material adverse effect on the Company, its business and future prospects.

Mine Operation Agreement

Lack of Ownership Rights

Under Venezuelan law, all mineral resources belong to the Republic of Venezuela. In accordance with the VML, the Government of Venezuela has reserved for itself the right to directly explore and exploit the Las Cristinas Deposits and has elected to do so through the CVG. See "Las Cristinas Project - Mine Operation Agreement." The Mine Operation Agreement is an operation agreement and does not transfer any property ownership rights to the Company. Rather, the Company has been authorized to exploit the Las Cristinas Deposits for the CVG in accordance with to the Mine Operation Agreement. The interests of the Company in the Las Cristinas Deposits are contingent upon the Company continuing to satisfy its obligations under the Mine Operation Agreement. Failure to do so could result in the CVG having the right to terminate the Mine Operation Agreement.

Lack of Copper Rights

In addition to gold, the Las Cristinas Deposits also contain very low levels of copper, 0.13% on average. Under the Mine Operation Agreement, the Company is only entitled to exploit the gold contained in the Las Cristinas Deposits. Based on the feasibility studies carried out by the Company and following discussions with the CVG, the Company has determined that exploiting the copper contained in the Las Cristinas Deposits would detract from the economics of the Las Cristinas Project. The Company does not need the right to exploit the copper contained in the Las Cristinas Deposits in order to exploit the gold and does not currently intend to negotiate with the CVG for the right to exploit the copper contained in the Las Cristinas Deposits.

Although the Company does not believe that the MIBAM would do so, the MIBAM retains the right to grant exploitation and other rights with respect to the copper contained in the Las Cristinas Deposits to the CVG or a third party. The Company has been advised by its Venezuelan counsel that:

(a) if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to the CVG, subject to fulfilling all necessary requirements of Venezuelan law (including the additional grant by the MIBAM to the CVG of the right to negotiate the exploitation of the copper with third parties), the CVG has agreed under the terms of the Mine Operation Agreement to negotiate the exploitation of the copper with the Company; and

(b) if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to a third party, the Company's right under the Mine Operation Agreement to exploit the gold contained in the Las Cristinas Deposits would, as a matter of Venezuelan law, take precedence over the third party's right to exploit the copper.

If the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to the CVG, there can be no assurance that the MIBAM will grant to the CVG the additional right to negotiate the exploitation of the copper with third parties or that the Company will be able to negotiate an agreement with respect to the exploitation of the copper with the CVG. Also, if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to a third party, or if the MIBAM grants the right to exploit the copper contained in the Las Cristinas Deposits to the CVG and the CVG grants the right to exploit the copper to a third party, there can be no assurance that the Company will be successful under Venezuelan law in asserting that its right to exploit the gold contained in the Las Cristinas Deposits takes precedence over the third party's right to exploit the copper.

Additional Funding Requirements

Under the terms of the Mine Operation Agreement, the Company is required, among other things, to make all necessary investments and complete all works necessary to reactivate the Las Cristinas Deposits, to design, construct and operate a processing plant to process gold for its subsequent commercialization and sale and to return the mine, its installations and equipment to the CVG upon termination of the Mine Operation Agreement. In order to carry out the Las Cristinas Project and its other mining projects, the Company will need to raise substantial additional financing which may include one or more of non-recourse project debt and other forms of public markets debt and equity.

In September 2005, the Company issued C$10 million of 5% unsecured notes due March 13, 2006 to Azimuth Opportunity, Ltd. ("Azimuth") and established a C$60 million equity draw down facility with the same entity. The agreements between Azimuth and the Company stipulate that, until the C$10 million principal value of the unsecured notes has been repaid, 50% of the proceeds of each draw under the equity draw down facility shall be applied to repay the unsecured notes. During the fourth quarter of 2005 the Company received gross proceeds of C$21.6 million under the equity draw down facility, a portion of which was used to repay the outstanding C$10 million principal value of the unsecured notes. In January 2006 the Company raised additional gross proceeds of C$5.0 million under the equity draw down facility. In February 2006 the Company received gross proceeds of US$31.3 million under a private placement of units. Despite these financings, the Company currently has limited financial resources and there can be no assurance that sufficient additional financing will be available to the Company on acceptable terms or at all. Failure to obtain such additional financing could result in a delay or the indefinite postponement of the Las Cristinas Project and other mining projects of the Company and could also result in the Company defaulting in the performance of its obligations under the Mine Operation Agreement.

Reserve and Resource Estimates

The Company's reported mineral reserves and resources are estimates only. As a result, there can be no assurance that they will be recovered at the rates estimated or at all. Mineral reserve and resource estimates are based on limited sampling and are uncertain because the samples may not be representative. Mineral reserve and resource estimates may require revision (either up or down) based on actual production experience. Market fluctuations in the price of metals, increased production costs or reduced recovery rates may render estimated mineral reserves and resources uneconomic and may ultimately result in a restatement of mineral reserves and resources. In addition, short-term operating factors, such as the need for sequential development of ore bodies and the processing of new or different ore grades, may adversely affect the Company's profitability in any particular accounting period. If its mineral reserve and resource estimates are incorrect, the Company will not correctly allocate its financial resources, causing it either to spend too much on what could be a less than economic deposit or to fail to mine what could be a significant deposit.

Title to Mineral Properties

Acquisition of title to mineral properties is a very detailed and time-consuming process. Title to, and the area of, mineral properties may be disputed or impugned. Although the Company has investigated its title to the mineral properties for which it holds concessions or mineral leases or licenses, there can be no assurance that the Company has valid title to such mineral properties or that its title thereto will not be challenged or impugned. For example, mineral properties sometimes contain claims or transfer histories that examiners cannot verify; and transfers under foreign law often are complex. The Company does not carry title insurance with respect to its mineral properties. A successful claim that the Company does not have title to a mineral property could cause the Company to lose its rights to mine that property, perhaps without compensation for its prior expenditures relating to the property. Furthermore, as noted above under "Mine Operation Agreement - Lack of Ownership Rights," the Mine Operation Agreement does not transfer any property ownership rights to the Company.

In 2005 the Government of Venezuela announced that it would be changing the mining title regime from a system where title was granted in the form of either concessions or operating contracts to a system where all new title would be granted in the form of operating contracts. In order to effect this change, the Government advised that it would need to create a national mining company which would be the nation's contracting party covering the entire country of Venezuela. The Government also indicated that, given this change in title regime, it would also be appropriate to review all existing mining companies in a single comprehensive exercise to ensure that only companies found to be in compliance with their existing title terms and conditions would qualify for the new title. This review was completed as of December 31, 2005. MIBAM is expected to have completed its overall approval process by the end of March 2006. The Government's public references to the type of operating contract that it intends to implement for the mining industry are comparable to the Mine Operation Agreement the Company currently holds for the Las Cristinas Project.

Arbitration Proceedings

The Company is a party interested in, but is not a party to, an ongoing arbitration. See "Legal Proceedings" in the Company's 2005 AIF filed concurrently on SEDAR and EDGAR for a detailed description of the arbitration proceeding.

Gold Price Volatility

The gold price can fluctuate widely and is affected by numerous factors beyond the Company's control, including industrial and jewellery demand, inflation and expectations with respect to the rate of inflation, the strength of the U.S. dollar and other currencies, interest rates, gold sales by central banks, forward sales by producers, global or regional political or financial events, and production and cost levels in major gold-producing regions. The gold price is also subject to rapid short-term changes due to speculative activities. During the period

[fireball69]

Das sieht sehr gut aus!!!

March 26, 2006

MIBAM Approves the Las Cristinas Gold Project
For Immediate Release

TORONTO, ONTARIO, March 26, 2006 – Crystallex International Corporation (TSX: KRY) (Amex: KRY) reported today that at meetings convened by the Corporacion Venezolana de Guayana (“CVG”), Crystallex was informed by the CVG it has received official notice from the Ministry of Basic Industry and Mining (“MIBAM”) advising that MIBAM has formally approved the technical, economic and financial Feasibility Study for the Las Cristinas gold exploitation project. In addition, Crystallex has received formal confirmation of this approval directly from MIBAM itself.

The official approval of the project by MIBAM is based on the original terms and conditions of the underlying Mine Operating Agreement (“MOA”) signed between the CVG and Crystallex in September 2002. Approval by MIBAM of the Las Cristinas gold project is a critical milestone as it brings final resolution to the technical, economic and financial parameters of the Las Cristinas gold project as established in the Crystallex Feasibility Study. Through the MIBAM approval, the Government of Venezuela has officially sanctioned the Las Cristinas gold project from the technical, economic and financial perspective. The project will be of significant importance to the State of Bolivar and the Republic of Venezuela.

Todd Bruce, Crystallex President and Chief Executive Officer said, “This formal approval by MIBAM represents the crucial cornerstone for the development of the Las Cristinas gold project and also represents the final external input required by the Ministry of the Environment and Natural Resources (“MARN”) to complete the permitting process. We anticipate receiving this MARN permit in the near term which will allow us to immediately begin construction of the Las Cristinas Gold Project.”

Detailed engineering and design for the Las Cristinas project is essentially complete and approximately US$179 million has been committed, including US$94 million already spent, under contract for equipment purchase orders comprising all long lead items such as the mining fleet, crushers and grinding mills, as well as various construction and service contracts. The mining fleet is ready and in storage on the docks in Houston, USA and Antwerp, Belgium and all the other major equipment items are also on schedule in terms of fabrication and delivery.

Upon receipt of the final permit from MARN, Crystallex will commence construction of the base case 20,000 tonnes per day (“tpd”) operation which should see initial production commence in early 2008 at an average level of approximately 300,000 ounces of gold annually over the first five years. With 13.6 million ounces of proven and probable gold reserves, in excess of 17.7 million ounces of measured and indicated gold resources and an additional 4.5 million ounces of inferred gold resources (Crystallex News Release dated February 13, 2006), Crystallex plans to assess opportunities to double the scale of operations to 40,000 tpd based on the previously completed 40,000 tpd expansion pre-feasibility study which would see annual gold production average approximately 500,000 ounces.

[fireball69]

Hier mal der Link zur letzten Präsentation:

[fireball69]

sorry, der hat gefehlt!

Jetzt aber:


http://www.crystallex.com/images/uploadedfiles/AMEX_Slides-3…

[Zichel]

Hier eine Meldung, die im Thread von Moto Goldmines veröffentlicht wurde. In einer Antwort hieß es dann: "Als nächstes ist Venezuela dran".

Ich weiß nicht, was ich davon halten und wie ernst ich die Sache nehmen soll:






Weltgeschehen im Umfeld von Rohstoff-Konzernen:


BOLIVIEN

Soldaten besetzen Raffinerien

Boliviens Präsident Morales setzt erste Maßnahmen zur Verstaatlichung der Öl- und Gasressourcen seines Landes umgehend um: Soldaten besetzten die von internationalen Konzernen betriebenen Gasfelder. Außenminister Steinmeier ist besorgt.

La Paz - Rund 100 bewaffnete Soldaten übernahmen in der Raffinerie Palmasola in der Stadt Santa Cruz die Kontrolle. Vizepräsident Alvaro Garcia Linera sagte, Truppen seien in landesweit 56 Anlagen entsendet worden. "Das Plündern durch die ausländischen Unternehmen ist beendet", erklärte der linksgerichtete Präsident Evo Morales.

Morales kündigte zudem an, auch weitere Wirtschaftsbereiche unter die Kontrolle des Staates stellen zu wollen. "Wir haben gerade erst angefangen, und es gibt noch viel zu tun", sagte er vor tausenden jubelnder Anhänger am Sitz der Regierung in La Paz. "Schon bald werden die Minenunternehmen, die Forstwirtschaft und alle anderen nationalen Reichtümer, für die unsere Vorfahren gekämpft haben, an die Reihe kommen", fügte er hinzu.

[fireball69]

Antwort auf Beitrag Nr.: 21.398.384 von Zichel am 02.05.06 09:38:31

Im Moto Thread wird doch von manchen gegen alles gepostet. Der Kongo braucht den Westen - wie auch Venezuela. Ohne die Gelder vom Westen ist dort nichts zu machen.

Klar sind in beiden Ländern Risiken vorhanden und deshalb sollten auch die Engagements in Risikogebieten im überschaubarem Bereich liegen. Die Anteile im Depot muss muss jeder für sich selbst wissen. Ich bin in Moto und in Crystallex drin und bleibe auch drin.

Aber genau diese Länder sind noch nicht so erforscht, das bietet eben die besten Chancen für die Zukunft.

Mehr zum Kongo per BM.

[Devjo]

Antwort auf Beitrag Nr.: 21.398.384 von Zichel am 02.05.06 09:38:31

Das Spiel hat doch Hugo Chavez erfunden ? Wo ist den das Problem? Der Drops ist doch nun schon lange gelutscht und soviel ich weiß ist das Project in Las Christinas nicht betroffen.... oder habe ich hier was durch einander gebracht?

[fireball69]

Heute ging es tatsächlich nach unten. Doch für Crystallex hat sich nichts geändert! Siehe Bericht:



Bolivian nationalization plan spooks Crystallex
May 3, 2006, 10:35 am


TORONTO (Reuters) - Nervousness over Bolivia's plan to nationalize oil and gas reserves carried over into other Latin American sectors on Wednesday, triggering a 16 percent drop in shares of miner Crystallex International Corp. .

Shares of Toronto-based Crystallex, which has gold projects in Venezuela, fell as low as C$5 on the Toronto Stock Exchange, before rebounding a bit to C$5.48, for a loss of 50 Canadian cents, or 8.4 percent, on a heavy volume of 4.4 million shares.

"It's a ripple effect," said John Ing, president of Maison Placements. "They're being tarred with the Bolivian brush."

Earlier this week, Bolivian President Evo Morales said he was nationalizing the country's vast oil and gas reserves, rattling shares of companies with projects in Bolivia.

Catherine Gignac, an analyst with Wellington West, said there was "a lot of nervousness out there," but "nothing to get overly worked up about."

Crystallex's stock has gone through its share of turmoil over the past few years, as investors wait for the Venezuelan government to grant the final environmental permit needed to get the big Las Cristinas gold project rolling.

Crystallex says nothing has changed.

"We believe that we are at the end of the permitting process for the environmental permit and remain poised to develop the project upon its receipt," said Richard Marshall, Crystallex's spokesman.

About four weeks ago, Crystallex said it won approval for a feasibility study that clears the way for environmental authorities to grant the final permit.

"We are at the point where we believe that we can see news on the permit at any time," said Marshall. "There is nothing that we've seen in terms of obstacles, or anything that has to be overcome."

Las Cristinas is seen as one of the largest gold deposits in the world, with an estimated 13.6 million ounces in proven and probable reserves.

The Venezuelan government awarded Crystallex the contract to develop the deposit in 2002.

[Zichel]

Antwort auf Beitrag Nr.: 21.422.128 von fireball69 am 03.05.06 21:01:43

Irgendwie mach ich mir jetzt echt Gedanken. 20 Proz. Minus ist ja nicht gerade ein Pappenstiel (ich hab meine Kumpels ausgelacht, als sie bei 4,60 verkauft haben)............Wie siehts denn in Übersee aus????

[Goldraute]

Hallo,

weiß jemand, warum Crystallex heute so abstürzt? Bin für jede vernünftige Antwort dankbar.

Grüße Goldraute

[drgold]

Antwort auf Beitrag Nr.: 22.082.779 von Goldraute am 12.06.06 23:24:14

Hallo Goldraute,

is nichts Besonderes. Siehst du ja auch an dem Kurs heute. Nur das Übliche mit Chavez uhnd seinen Drohungen der Verstaatlichung. Aber hier der Link zur Meldung:

http://www.bloomberg.com/apps/news?pid=conews&tkr=kry:US

Das geht hoffentlich vorüber.

Glück auf gold

[fireball69]

Was geht denn eigentlich bei Crystallex derzeit ab?

Hab schon ne Weile nichts mehr gehört.


Bitte um info.

[fireball69]

TORONTO, ONTARIO, November 1, 2006 – Crystallex International Corporation (TSX: KRY) (Amex: KRY) today announced that it commenced a diamond drill program at its Las Cristinas, Venezuela property on October 31st, 2006. It is estimated that the drill program will be concluded by the end of January 2007 and that an updated resource and reserve estimate will be completed by the end of May, 2007. The cost of the program is estimated at US$1.6 million.

The objective of the 11,500 metre drill program, comprising of 40 bore holes, is to upgrade the inferred mineral resources to the measured and indicated category so that a new mineral reserve can be estimated. Currently, the proven and probable reserves at Las Cristinas are estimated to be 13.6 million ounces of gold contained in 353 million tonnes of mineralization grading 1.20g/t gold. This reserve estimate was made on the basis of a gold price of US$400 per ounce, a strip ratio of 1.14 to 1 and operating costs of US$7.66 per tonne (Crystallex news release dated August 31, 2005). The measured and indicated mineral resource estimate (which includes the above mentioned mineral reserves) is 17.7 million ounces of gold (comprised of 66 million tonnes grading 1.21 g/t of measured resources and 435 million tonnes grading 1.08 g/t of indicated resources). The additional inferred mineral resource estimate is 4.5 million ounces of gold (163 million tonnes grading 1.1 g/t gold - see the Crystallex news release dated February 13, 2006).

The drilling in the current program will focus on three areas of the Las Cristinas property:

• The western margin of the planned Conductora pit where mineralization is open at depth down-dip;

• The extreme southwest of the planned Conductora pit where a sheet of relatively shallow ore was discovered in the hanging wall of the main Conductora ore zone in previous drilling; and

• The Morrocoy zone which lies in the northern part of the property. Known mineralization in the Morrocoy zone has similar characteristics to that of the Conductora area which contains the bulk of the known mineral ore reserves at Las Cristinas. Previous drilling of the Morrocoy zone was relatively wide-spaced to the extent that known mineralization there is classified as an inferred mineral resource. Crystallex believes that there is sufficient continuity of mineralization at Morrocoy to warrant denser drilling with the objective of upgrading the inferred mineral resources to the measured and indicated category. If this objective is achieved, the Morrocoy zone could contribute to an increase in the overall mineral reserves at Las Cristinas.

Drilling will be done by Majortec of Moncton, New Brunswick. The drill program will be supervised by Dr. Richard Spencer (PGeo), Crystallex’s VP Exploration, who is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. QA/QC procedures will be managed by an external consultant, Mr. Trevor Nicholson of Comox, British Columbia. Mr. Nicholson is an Assay Chemist by training (B.Sc. Chem). The update to proven mineral resources and proven mineral reserves will be undertaken by Mine Development Associates of Reno, Nevada.

The environmental permission required for the drilling was received from the Ministry of the Environment and Natural Resources (“MARN”) in Venezuela on October 26th, 2006.

About Crystallex
Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company’s principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence gold production in late 2008 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY) Exchanges.

[fireball69]

CARACAS, Venezuela, Nov 14 (Reuters) - Venezuela's Seniat tax agency on Tuesday said a continuing probe of Crystallex International Corp.'s (KRY.TO: Quote, Profile, Research) activities between 2001 and 2004 has not shown any outstanding tax bills for the Canadian miner.

Venezuela said last month it was launching a tax investigation into the firm whose stock price swings sharply on news of the twists and turns of its Venezuelan project.

"It is meeting its tax obligations ... the books are up to date," Seniat chief Jose Vielma told reporters.

Crystallex is waiting for an environmental permit to start work on the giant Las Cristinas gold mine.

[fireball69]

Crystallex International (AMEX: KRY - News)
Toronto-based Crystallex reported financial results for the third quarter last week and shareholders reacted to the news that the long sought after permit for the Las Cristinas mine in Venezuela might be a little closer to reality than last month (or last year for that matter).

In what has turned into one of the world's longest running sagas of waiting for a foreign government to grant final approval in the form of environmental permits, long-suffering Crystallex shareholders appear increasingly likely to be rewarded one of these days.

Those fearing that the government of Venezuelan President Hugo Chavez may renege on assurances already offered should be cautious, but if recent trading is any indication, optimism is once again high.

Cramer failed to mention the developments at Crystallex in yesterday's lightning round. As shown in the chart below, back in April when the miner was first brought to the attention of Cramer Nation, share prices doubled before getting whacked - a big Boo-Yah greeting, as it were.

Last Wednesday's 14 percent gain pales in comparison to the "Cramer Effect" in April, but the company is one step closer to beginning construction of a mine at one of the world's largest gold deposits.

With permit in hand, one or more buyers may suddenly materialize.

quelle:
http://au.us.biz.yahoo.com/seekingalpha/061120/20939_id.html…

[fireball69]

Der Crystallex-Kurs geht wieder Richtung Norden. Man erwartet wohl mit einer baldigen Genehmigung zu Las Cristinas. Möglicherweise kommt diese in den nächsten Wochen.

Falls diese noch in diesem Jahr erteilt wird geht man davon aus, dass Las Cristinas in Q3/2008 mit jährlich 300.000 Unzen in Produktion geht.

Grüsse,
FB69

[pianoplayer]

Die letzten Handelsminuten heute sahen gut aus, auch die demnächst auslaufenden Optionen, die noch nicht im Geld sind, wurden wurde mehr als sonst gehandelt.

Eigentlich hätte ich nicht erwartet, dass vor der Wahl in der nächsten Woche noch etwas kommt. Aber vorgestern wurde auf 3,20 gedrückt und dazu heute der steile Anstieg in den letzten Minuten. So sieht es oft aus, wenn News kommen.

Es kann aber auch sein, dass nur einige Shorties nervös wurden.

[fireball69]

Die Wahl in der nächsten Woche muss wohl noch laufen. Das sehe ich auch so. Vorher wird es keine Entscheidung mehr geben.

Ein interessanter Bericht zu Venezuela gibt es übrigens in der WIWO.

[Devjo]

Antwort auf Beitrag Nr.: 25.840.877 von fireball69 am 30.11.06 22:20:29

Scheint so, als ob der Wahlsieg von Chavez keinerlei Auswirkungen auf den Kurs zeigt, ist das nun ein gutes oder ein schlechtes Zeichen?
Mal schauen wie die auf der anderen Seite des Teiches darauf reagieren

[pianoplayer]

Es hat sich dadurch ja auch nichts geändert. Die bisherigen Verhandlungspartner bleiben. Das scheint mir weniger unsicher, als eine neue Regierung, die sich vielleicht nicht an bisherige Verträge gebunden fühlt.

[Devjo]

Antwort auf Beitrag Nr.: 25.929.713 von pianoplayer am 04.12.06 16:57:40

Naja, man hätte auch den bisherigen Kursverlauf für "Vorfreude" auf eine neue Regierung halten können.
Naja, wollen wir weiterhin das Beste hoffen

[martinsgarten]

Crystallex chancenreich (Wirtschaftswoche)

Düsseldorf (aktiencheck.de AG) - Die Experten der "Wirtschaftswoche" halten die Crystallex-Aktie (ISIN CA22942F1018/ WKN 890729) für ein chancenreiches Investment.
Das Unternehmen sei im Gebiet Las Cristinas in Bolivar aktiv, wo Goldvorkommen von 22,2 Mio. Unzen nachgewiesen worden seien. Mit Hilfe heutiger Bergbautechnik könnten davon mindestens 13,6 Mio. Unzen wirtschaftlich abgebaut werden.

An der Börse bezahle man für die Goldreserven von Konzernen wie Barrick Gold & Co im Schnitt 200 USD. Bei Crystallex liege dieser Wert nur bei 60 USD, gemessen am Marktwert von 832 Mio. USD.

Trotz dieses Discounts sei der Titel nichts für Anleger mit schwachen Nerven. Denn im Sommer 2005 sei das Papier um 75% eingebrochen, als Anleger befürchtet hätten, dass Venezuela das Las Cristinas-Projekt unter staatliche Kontrolle bringen könnte. Anschließend habe sich die Lage wieder entspannt, bis im März 2006 erneute Ängste einer Verstaatlichung die Aktie unter Druck gesetzt hätten.

Bereits in diesem Jahr könnte das Unternehmen die letzte bürokratische Hürde auf dem Weg zum Bau der Mine nehmen.

Die Experten der "Wirtschaftswoche" sehen bei der Aktie von Crystallex ein attraktives Chance/Risiko-Verhältnis. Eingegangene Positionen sollten bei 2,40 USD abgesichert werden. (04.12.2006/ac/a/a)
Analyse-Datum: 04.12.2006

Analyst: Wirtschaftswoche
Rating des Analysten:


Quelle: aktiencheck.de 04.12.2006 18:27:00

[fireball69]

Man erwartet eine baldige Genehmigung zu Las Christinas......

Deshalb auch der Anstieg in den letzen Wochen!!!!



Aber es ist noch alles offen!


Jedenfalls sind alle Pläne zum Aufbau der Mine vorhanden und die Förderung könnte in Q3/2008 starten.

[pianoplayer]

http://www.eldiariodeguayana.com.ve/noticias14.html
Unten auf der Seite im Text
- Este año debe ser el fin del desempleo en Las Claritas -
geht es um Arbeitsplätze in der Region durch Minen. Crystallex ist erwähnt.

Ich schätze, es geht ohnehin nur noch um den Prozentsatz, den der Staat bekommt. Crystallex wird nicht so dumm sein, wegen einiger Prozente die Sache sausen zu lassen, und der Staat hat keinen Grund
eine Firma zu vertrieben, die bisher alle Bohrungen durchgeführt hat, und die ja bereits an anderer Stelle Gold in Venezuela produziert.

Bei einer größeren Beteiligung des Staates würde der Kurs vielleicht nicht so explodieren, aber von diesem Kursniveau bleibt auf jeden Fall ein deutlicher Sprung wahrscheinlich.

[Oberschwester]

Wow, was war denn das eben für ein Spike nach oben?! Fast 2 Mio Stücke haben den Kurs von 3,23 auf 3,60 hochgepowert.

[invest2002]

[martinsgarten]

der US Markus Frick hat in seiner Show zum Verkauf geblasen.

" Cramer said he has done so because President Hugo Chavez of Venezuela, where Crystallex does its gold mining, "has proven to be a recalcitrant, pseudo-Communist."

und die Lemminge verkaufen. Es ist zum tot lachen.

Schöner Kontra- Indikator

[fireball69]

OTTAWA, Feb 1 (Reuters) - Canadian miner Crystallex International Corp. (KRY.TO: Quote, Profile , Research) unexpectedly replaced its chief executive on Thursday, appointing a new top boss with deep experience in the financial services sector.

Analysts said they were surprised by the replacement of Todd Bruce, president and CEO since 2003, by Gordon Thompson, who has more than 30 years' experience in financial services, including project finance, and raising debt and equity.

Thompson, a Crystallex director from 2000 to 2002, was recently a senior vice president at NCE Resources Group/Sentry Select Capital Corp., and president of Strategic Energy Fund (SEF_u.TO: Quote, Profile , Research), a private and public investment fund.

The shuffle comes as Crystallex continues to wait for the final permit needed to start work on its giant Las Cristinas gold project in Venezuela.

Toronto-based Crystallex did not say why it had replaced Bruce, who will be available as a consultant if needed.

"Todd Bruce is a person with a mining background, he's a mining industry executive, and he was excellent at building the management team, working through the consultants, the feasibility studies, site prep, all that sort of thing. And in effect, the project is ready to go," said Wellington West analyst Catherine Gignac.

"My sense would be that the directors, the board, feel that the permit is imminent and, based on that, they feel it's time for someone who can take it through to the next step."

In 2002, Crystallex won the contract to develop the deposit, seen as one of the largest in the world with an estimated 13.6 million ounces in proven and probable resources.

It has said production will start in the second half of 2008 if it gets a mining permit in the fourth quarter of 2006.

"Crystallex is not aware of any impediments to granting the permit," chairman Robert Fung said on Thursday.

"Now that the presidential elections have been completed and ministers acquaint and reacquaint themselves with their portfolios, Crystallex expects they will proceed quickly with the issuance of the permit."

Venezuelan President Hugo Chavez recently spooked markets when he unveiled a nationalization drive that included telecoms and utilities.

Research Capital analyst Barry Allen said the shuffle may signal that Crystallex wants to shore up its finances.

"It would seem to me that the crew that were there prior to that ... were definitely mine builders," he said. "That no longer appears to be the culture of the company. It appears to be more a financial defensive role."

The company had $43.4 million in cash at the end of September, up $18 million from the start of 2006.

Crystallex shares were down 0.6 percent, or 2 Canadian cents, to C$3.39 on the Toronto Stock Exchange on Thursday and off 4 percent, or 12 cents, at $2.87 on Amex

[martinsgarten]

vor ca. 1 Jahr hatte ich für den Jan06 auf Grundlage einer Analyse auf ein Kurzziel 7USD bis Jan07 getippt - knapp daneben. Aufgrund der heutigen Kursentwicklung tippe ich mal auf 7 USD bis Juli 07

Worlaut der Empfehlung von damals:


Target $7.00.....Orionsecurities
by: royleroy2000
Long-Term Sentiment: Strong Buy 01/18/06 12:26 pm
Msg: 57592 of 57597

Peter Bures | [phone] | [e-mail]
Crystallex International Corp.
(KRY, TSX – C$3.04)

12-Month Target: C$7.00

Rating: Overweight

Potential Return: 130%
All values in US$ unless otherwise noted.
What Happened?
Crystallex has announced a $31.3 million private placement financing.
• The private placement will consist of an issue of 10.8 million units at $2.90/unit. Each unit consists of one
common share and 1.512 share purchase warrants.
• Crystallex will issue 10.8 million common shares and 16.3 million warrants upon closing. Each whole
warrant will have an 18-month expiry and US$4.50/sh strike price.
What Does it Mean?
Neutral.
• Crystallex has been aggressively developing the Las Cristinas project and has effectively exhausted the
$80 million in escrowed funds raised last year.
• The C$60 million equity line the company has established with Azimuth Opportunity has been accessed
four times with a fifth drawdown anticipated at month-end.
• We estimate the company’s ‘burn rate’ is in the range of C$4 million - C$5 million per month. In our view,
this rate would have resulted in drawdowns above the C$5 million per month average as early as February.
• We believe the current private placement should allow Crystallex to continue development of Las Cristinas
well into the second half of 2006, regardless of the timing of the environmental permits.
• We maintain our positive view on Crystallex. We reiterate our Overweight rating and C$7.00 target.

January 18 2006

[fireball69]

Crystallex müsste eigentlich viel höher stehen. Gold Reserve (GRZ) hat aufgrund der Genehmigung heute um 44% zugelegt. Ähnliches erwarte ich auch von Crystallex demnächst.



Hier die Nachricht von heute:


TORONTO, ONTARIO -- (MARKET WIRE) -- 03/28/07 -- Crystallex International Corporation (TSX: KRY)(AMEX: KRY) issued today the following statement concerning the increase in its stock price and trading volume:

"Crystallex is aware that Gold Reserve Inc (TSX: GRZ) (Amex: GRZ) today announced that its Brisas Project had been awarded the Environmental Approval and Construction Permit from the Ministry of the Environment and Natural Resources ("MARN").

Commenting on the news, Gordon Thompson, Crystallex President and CEO stated, "The awarding of the Brisas environmental permit is a clear signal that Venezuela is fulfilling its promise to advance mining projects. Crystallex is in the final stages of environmental permitting for the Las Cristinas project and looks forward to the timely conclusion of the permitting process at MARN."

[fireball69]

Antwort auf Beitrag Nr.: 28.553.141 von fireball69 am 28.03.07 23:21:13

Die Sache komt nun langsam in die Gänge.....


OTTAWA, March 29 (Reuters) - Crystallex International Corp. (KRY.TO: Quote, Profile , Research) said on Thursday it has confirmed with government officials in Venezuela that it is in the final stages of approval to develop its Las Cristinas gold project.

The last permit needed to develop the massive gold deposit is advancing through the Venezuelan Ministry of the Environment and Natural Resources, the company's chief executive said.

"Since taking the position as Crystallex president and CEO in February 2007, I have had several opportunities to meet with Venezuelan officials regarding our investments there and plans for Las Cristinas," said Gordon Thompson.

Reuters Pictures

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from the last 24 hours.
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"Additionally, I have confirmed the final permit required for Las Cristinas is advancing through the Ministry of the Environment and Natural Resources, the final step in the process."

Investor confidence in Crystallex has revived on signals that Venezuela is advancing mining projects, the company said on Wednesday.

Crystallex stock surged yesterday after Gold Reserve (GRZ.TO: Quote, Profile , Research) announced final approvals for its Las Brisas property, to the south of Las Cristinas.

"The Ministry of the Environment has not issued a new permit for probably three years," said Haywood Securities analyst Kerry Smith in a note. "This step forward for Gold Reserve demonstrates the ministry is finally starting to process applications." Continued...

© Reuters 2007. All Rights Reserved.

[fireball69]

Antwort auf Beitrag Nr.: 28.595.522 von fireball69 am 30.03.07 22:17:52

TORONTO, ONTARIO, Mar 30, 2007 Crystallex International Corporation (CA:KRY) today issued the following statement in response to inquires concerning a Reuters story from its Caracas Bureau:

Crystallex has spoken to Senior Officials at the Ministry of Environment ("MARN") and to Mr. Sergio Rodriguez who was quoted in the Reuters article.
The Senior Officials contacted at MARN told the Company that the Reuters story does not reflect the statements made by Mr. Rodriguez and that they are contacting Reuters in order to correct the mis-statements.


Crystallex is in the final stages of environmental permitting for the Las Cristinas project and looks forward to the timely conclusion of the permitting process at MARN.


About Crystallex
Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence commercial gold production in 2009 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and Amex (symbol: KRY) Exchanges.

[fireball69]

Crystallex Files Preliminary Prospectus in Canada for Offering of Common Shares

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Last Update: 4:15 PM ET Apr 5, 2007


TORONTO, ONTARIO, Apr 05, 2007 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY: news, chart, profile) (KRY : Crystallex International Corporation
News , chart , profile , more
Last: 4.10+0.11+2.76%

4:06pm 04/05/2007

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KRY4.10, +0.11, +2.8%) ("Crystallex" or the "Company") announced today that it has filed a preliminary short form prospectus with regulatory authorities in Canada relating to its proposed public offering of 12,500,000 common shares at C$4.25 per share.
The common shares are being offered on a bought deal basis in the provinces of Ontario, Alberta, British Columbia, Manitoba, Nova Scotia and Newfoundland and Labrador and in the United States via a private placement to accredited investors. Crystallex has granted the underwriters an over-allotment option to purchase up to an additional 1,875,000 common shares, exercisable at any time, in whole or in part, for a period of up to 30 days after the closing of the offering, equal to 15% of the total number of common shares sold pursuant to the offering, at the same offering price as set forth above.
Crystallex intends to use the net proceeds from the offering and any exercise of the over-allotment option for the development of, and pre-construction costs and post-permit expenses relating to, the Las Cristinas project, to repay portions of existing indebtedness, and for general working capital purposes.
The offering is subject to normal regulatory approvals. A copy of the preliminary short form prospectus has been filed via SEDAR ( www.sedar.com).
These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and these securities may not be offered or sold, directly or indirectly, within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) without registration under the U.S. Securities Act and any applicable state securities laws unless an exemption from registration is available. This news release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.
About Crystallex

[Get_Rich84]

Gibts hier news oder warum bekommt der kurs jetzt so nen schub???

[fireball69]

Antwort auf Beitrag Nr.: 29.230.017 von Get_Rich84 am 09.05.07 13:24:16

Der Anstieg auch sehr verwunderlich. Evtl. wissen ein paar mal wieder etwas mehr??? Grundlos scheint mir dieser Anstieg jedenfalls nicht.....




Folgende News kamen vor einer Woche raus:


Press Release Source: Crystallex International Corporation

Crystallex Reports Grades of Principal Mineralized Intervals From the Morrocoy Zone, Las Cristinas, From the 2006-2007 Drill Program
Tuesday May 1, 8:30 am ET

TORONTO, ONTARIO--(MARKET WIRE)--May 1, 2007 -- Crystallex International Corporation (Toronto:KRY.TO - News)(AMEX:KRY - News) today reported summary assay results from one of two zones drilled at Las Cristinas in the 13,566 metre program which commenced on November 1st, 2006 and was completed on February 14th, 2007. This first tranche of results, reported here, is from 5,145 metres in 23 diamond drill holes in the Morrocoy area of Las Cristinas. The Morrocoy target lies outside of the two planned open pits at Las Cristinas in an area in which gold-mineralized intervals intersected in previous drilling were considered to lack the continuity required for incorporation into the inferred resource.

Results for the principal mineralized intervals intersected in the Morrocoy area are summarized in Table 1 (below) and the location of bore holes is shown on a map of gold grade-thickness for the Las Cristinas property in Figure 1 (http://www.ccnmatthews.com/docs/kry1.jpg). Detail of gold grade-thickness in the Morrocoy area prior to the drilling reported here is shown in Figure 2 (http://www.ccnmatthews.com/docs/kry2.jpg), while the updated grade-thickness diagram, that includes the results reported below, is shown in Figure 3 (http://www.ccnmatthews.com/docs/kry3.jpg) for comparison.

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Richard Spencer, Crystallex's VP Exploration commented, "The mineralized intervals and enclosing alteration assemblages intersected in the Morrocoy area in the 06-07 drill program are consistent with those obtained in prior wide-spaced drilling. Continuity of mineralization, both down-dip and along strike, has now been demonstrated at Morrocoy."

Gordon Thompson, Crystallex's President and CEO commented, "These assay results suggest that the objective of the drilling in the Morrocoy area, which was to confirm the continuity of mineralized intervals, has been achieved. I look forward to confirmation from MDA's resource update that Morrocoy should contribute to an increase in measured and indicated resources at Las Cristinas. The update of the resource estimate for Las Cristinas is expected from Mine Development Associates of Reno, Nevada, in June, 2007."

The drilling was done by Majortec of Moncton, New Brunswick. The program was managed by Mr. Gustavo Rodriguez (M.Sc), Chief Geologist - Las Cristinas, under the direction of Dr. Richard Spencer (P.Geo), Crystallex's VP Exploration, who is a Qualified Person for the purposes of National Instrument 43-101 -Standards of Disclosure for Mineral Projects. Quality Assurance and Quality Control (QAQC) procedures were managed by an external consultant, Mr. Trevor Nicholson (B.Sc. Chem.) of Nicholson Analytical Consulting (NAC) of Comox, British Columbia, who is an Assay Chemist by training. NAC reviewed the proposed QAQC procedures prior to drill start-up and subsequently audited field procedures. Mr. Nicholson was on site for about 40% of the duration of the program. Mr. Steven Ristorcelli, of MDA, undertook an on-site audit of logging, sampling and QAQC procedures during the drill program.

Certified standards were inserted at an average of one per 20 samples, field blanks at one per 30 samples, while both ten mesh and quarter-core duplicates were inserted at intervals of approximately 50 samples. Duplicates of pulps were taken at intervals of approximately 1 in 60 samples for assay by a second, independent laboratory. The core samples were prepared by Societe Generale de Surveillance ("SGS") at their facility in El Dorado, Venezuela and analysis of the samples was done by SGS in Lima, Peru. Assay results were reported to NAC who communicated directly with personnel at SGS in Lima regarding assays that initially failed QAQC. Once the reassay results had met the QAQC requirements, NAC forwarded the QAQC-compliant data to Crystallex for incorporation into its database and for the calculation of the intervals reported below.



Table 1 - Summary assay results for the principal mineralized intervals
intersected in the 22 bore holes drilled in the Morrocoy area in the
2006-2007 drill program conducted at Las Cristinas.

-------------------------------------------------------------------------
Down- Estimated Gold
BH# From To hole true grade Observations
width (m) width (m) (g/t)
-------------------------------------------------------------------------
K6MO1165 0 61.5 61.5 45.5 1.60
----------------------------------------------
109 149.6 40.6 39 0.61
-------------------------------------------------------------------------
-------------------------------------------------------------------------
90 112 22 19 0.89
----------------------------------------------
K6MO1166 154 243 89 88.5 0.85
----------------------------------------------
282 313 31 30.5 1.24
-------------------------------------------------------------------------
-------------------------------------------------------------------------
121 181 60 60 1.31 (i)Cut to 23 g/t
----------------------------------------------------------------
K6MO1167 194 214 20 19.5 0.69
----------------------------------------------
228 256 28 28 0.99
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1168 42.5 74.5 32 31 1.51
----------------------------------------------
165 243 78 78 1.46
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1169 0 18.5 18.5 17 1.11
----------------------------------------------
27.5 110 82.5 80.5 0.94
-------------------------------------------------------------------------
-------------------------------------------------------------------------
0 49.5 49.5 38 0.82
----------------------------------------------
K6MO1170 118 151 33 31 0.69
----------------------------------------------
206 230 24 21 0.80
----------------------------------------------
250.5 293 42.5 36.5 2.08
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1171 0 19 19 14 0.57
----------------------------------------------
116 170 54 53 0.98
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1172 10 58 48 48 0.93
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1173 29 51 22 22 0.77
----------------------------------------------
104 141 37 37 0.54
-------------------------------------------------------------------------
-------------------------------------------------------------------------
48 68 20 18.5 0.63
----------------------------------------------
K6MO1174 131 165 34 31 0.76
----------------------------------------------------------------
205 231 26 22 1.74 Cut to 23 g/t
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1175 0 38 38 29.5 0.83
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1176 0 39 39 31 1.08
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1177 57 84 27 15 0.84
----------------------------------------------
96 160 64 40 0.91
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1178 52.5 96 43.5 43 1.20
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1179 104 127 23 20 0.63
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1180 3.5 44.5 41 13 0.91
-------------------------------------------------------------------------
-------------------------------------------------------------------------
28 53 25 21.5 1.16
----------------------------------------------
K6MO1181 77.5 93.8 16.3 15.5 1.84
----------------------------------------------
113 158 45 45 0.60
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1182 72 116 44 39 1.11

-------------------------------------------------------------------------
-------------------------------------------------------------------------
K6MO1183 25 55 30 29 1.97
----------------------------------------------
130 159 29 28.5 0.54
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K7M01189 84 188 104 85 1.40
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K7MO1191 239 266 27 27 1.36
----------------------------------------------
288 364 76 75 0.68
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K7MO1193 206 273 67 52.5 1.21
-------------------------------------------------------------------------
-------------------------------------------------------------------------
K7MO1195 100 118 18 17 0.86
----------------------------------------------
158 177 19 17 1.08
-------------------------------------------------------------------------
-------------------------------------------------------------------------

Crystallex is in the final stages of environmental permitting for the Las Cristinas project.

[fireball69]

Crystallex: Promotion, Politics and Permits
Monday May 7, 8:53 am ET

J.L Bane submits: On Friday May 04, Crystallex shares surged 7% to 4.23. This increase was ostensibly due to an update regarding the long awaited permit from the Ministry of Atmosphere [MINAMB] in Venezuela given by newly appointed CEO Gordon Thompson at the 2007 Latin American Mining Congress in South Beach, Miami. (To avoid confusion, the MINAMB until recently went by the acronym MARN.)

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While the presentation, made by Thompson and co-speaker Robert Crombie was essentially the same as those given during past presentations, the most interesting comments from Thompson came during the question and answer session. When asked about the status of the Environmental Approval and Construction Permit, Mr. Thompson launched into an excuse riddled explanation that did nothing to engender confidence in investors. As noted in a previous article, after Crystallex’s neighbor Gold Reserve Inc. (AMEX: GRZ - News) received it’s permit, Thompson offered up the excuse that, unlike Gold Reserve, Crystallex has a mining contract [MOA], not a concession, and as such the Corporation Venezolano de Guayana or CVG, the quasi governmental company that has the mining rights to Las Cristinas and awarded the MOA to the company in 2002, was acting as intermediary in the permitting process. That, according to Thompson, “takes a little longer.”

Why it would take a year or more longer he did not explain. To the chagrin of investors, that was the first time Crystallex had offered up this explanation but they should have expected it. Most recently the reasoning Crystallex offered was that in other parts of the world the permitting process can take up to three years or more. This argument doubtless had to be abandoned when Gold Reserve received their permit within 20 months. In answering the question asked, Thompson expanded on the process and also added that further delays were due to changes in the Venezuelan government over the years. Why these changes substantially affected Crystallex and not Gold Reserve was not commented on.

After expanding on the permitting process, Thompson continued by confirming that Crystallex is in the “final stages” of gaining MINAMB approval. Unlike previous occasions when Crystallex had expressed that they were in the “final stages“ or, as ex-CEO Todd Bruce commented more than a year ago in a March 26, 2006 press release “ We anticipate receiving this MARN permit in the near term,” Thompson provided a few more details about what was happening with the MINAMB but in providing an answer, Thompson gave genesis to even more questions.

Thompson commented that roughly 5 or 6 weeks ago, the CVG and MIBAM had provided the final documentation to the MINAMB for a technical review. The technical review process, he stated, culminated in a site visit and review that took place the week prior to the presentation and the company claims to have received positive feedback from the visiting officials. No definition or further explanation of the positive feedback was made available. While investors are relieved that the technical review is taking place, they are doubtless wondering about Thompson’s comments. When explaining that the final documentation had been submitted and the site visit had taken place, Thompson said that this put their application right where they wanted to get it all these years which was right into MARN for the technical review.

Was Thompson admitting that despite prior comments of an imminent permit they had not reached this “final stage” previously ? How could that be if the company has been telling investors that they expected the permit literally at any time. Surely the company had to have knowledge that the final documentation had not been submitted. They must also have known that the site visit had not taken place. Crystallex representatives were not available to comment at the time of writing. At best, Crystallex’s much vaunted management team have little to no!
idea about what is required to mine in Venezuela but a more cynical mindset might conclude that if the truth were initially told and a many years wait was anticipated, the stock price and Crystallex’s financing abilities would have been severely restricted.

The presentation itself took place with little market reaction. The following day presented a different story. A website hosted by Ant and Sons, a company that bills itself as “an independent provider of investment commentary, research, news and analysis that has helped ordinary investors chart the financial seas since 2003.” and who claim that they strive “to break stories before they are covered by mass media and present them in an unbiased way.” published a write up of the presentation made by Crystallex. While the relationship, if any, between Crystallex and Ant and Sons is unknown, reading their coverage of the company, it is difficult for anyone to believe that it is unbiased or that the research itself is anything but a cursory reading of the daily Crystallex tip sheet.

In a recent article, Ant&Sons attempted convincing readers that the dilution that accompanied Crystallex’s recent bought deal financing was actually a positive and that it should instill faith that Crystallex would soon be receiving the permit it needs. In a previous article, Ant and Sons listed 4 signs Crystallex’s permit was on the way. The first reason is all that one needed to read to disregard the rest of the coverage. Reason number one, it stated, was that “Just yesterday, as reported in a Venezuelan newspaper, the Venezuela Permanent Parliamentary Environmental Commission has urged the final environmental permit to be issued to Crystallex.” The only problem with that is that the article that Ant and Sons was quoting from was several years old. Most ironic and damaging to Ant and Son’s reputation for any serious research is the last paragraph of their most recent article in which they say:

According to a published report on SeekingAlpha this morning, Gold Reserve Inc. (AMEX: GRZ - News), owner of the Las Brisas mining concession, just recently went through the same process in order to obtain their environmental permit from the Venezuelan government. Upon site inspection the permit was granted approximately ten days later. Gold Reserve shares shot up 50% to $6.60 on the news.

The term financial news site lends some credibility to the news as it is published but had Ant and Sons done just a little bit of research, assuming they are so inclined, they would have discovered two important facts. The first is that there was no site visit at Gold Reserve’s Las Brisas property ten days prior to them receiving their permit. A quick call to the company would reveal that the MINAMB have not held a site visit to Las Brisas this year. Ant and Sons could also have avoided embarrassment by searching Seeking Alpha for other articles by the writer of the article they refer to. It was written by a Todd MacSween who has written several misleading articles about Crystallex, claims to own 944 shares of the company and is somehow affiliated with perennial Crystallex tout Roy Carson the “editor” of Vheadline.com, a now defunct periodical that published more false stories promoting Crystallex than one can count . MacSween has written several articles published on Seeking Alpha and has made many patently false comments in the past including accusations against reporters from prominent wire services like Dow Jones and Reuters who “twist the truth” about Crystallex possibly for personal monetary gain, a takeover of Crystallex by Russian mining company Polyus that was in the works and a litany of other similarly sensationalistic and untrue claims. An interesting sidebar to this is that both MacSween and Ant and Sons may end up harming the Crystallex stock price istead of boosting it. If Crystallex does not get its permit within 10 days of the site visit, investors may begin questioning why it is so.

Despite all of these distractions, it behooves an investor to question how likely it is that Crystallex will get their permit soon and if this permit from the MINAMB is as important for them as it is for Crystallex itself. Venezuelan politicians are notorious for grand standing but recent comments deserve paying heed to as it seems as though the MINAMB is in no haste to approve Crystallex’s plans .

In a recent interview with Reuters, the chief main directorate of Planning and Arrangement at the MINAMB, Sergio Rodriguez, said that Crystallex has not acted responsibly in planning their project and that the plans had to be changed to minimize or eliminate environmental objections and that Crystallex consider plans to take advantage of processing the copper deposits at Las Cristinas. This would present a significant problem for Crystallex as their MOA does not include the rights to mine copper and all of their plans are designed to process the gold only. Any forced changes could take more than a year to complete.

Crystallex supporters have claimed that this particular article was revoked due to inaccuracies however as expected, they were incorrect yet again. Crystallex attempted a rebuttal of the article by issuing a rather limp press release saying that they had contacted Mr. Rodriguez and senior officials at MINAMB who confirmed that the “Reuters story does not reflect the statements made by Mr. Rodriguez”. What Crystallex did not comment on was what Mr. Rodriguez had to say, who these senior officials were and how they could be more senior than the Vice Minister or what specifically that Mr. Rodriguez said that was not reflective of MINAMB’s thinking. Crystallex also said that “they [MINAMB] are contacting Reuters in order to correct the mis-statements. “ Reuters countered by confirming that no one from MINAMB had contacted them, that they had Mr. Rodriguez’s comments on audio tape and a follow up call to Mr. Rodriguez confirmed that the heart of his comments were accurate but that some may have misinterpreted his statements as meaning that Crystallex would have to come up with a brand new plan instead of just making adjustments to the one that had been submitted.

More of concern to investors are comments made by the Ministry of Basic Industries and Mining, the government entity in charge of mining in Venezuela. A new mining law is currently being debated in Venezuela’s National Assembly and it calls for a mixed company regime in which Venezuela would control at least 51% of all mining projects. Crystallex has attempted to dispel worries about the new law by quoting from draft legislation and expressing the legal opinion that their MOA is safe from changes. Venezuela does not look at it from a similar perspective. In an April 17, 2007 interview with Dow Jones, Vice Minister of Mining Ivan Hernandez said of the MOA that Crystallex‘s operating contract has some clauses that need to be revised and that “It will move from being a contract to a mixed company (jointly owned by the Venezuelan government.)“

These comments echo Hernandez’s comments from an October 2006 interview in which he similarly stated that a change in the MOA would be forthcoming. Venezuela’s Minister of Basic Industries and Mining Jose Kahn offered little comfort for investors. Instead of reaffirming Crystallex’s position that their MOA would not be affected by changes to the mining law, he played the diplomatic politician and would only say that the Venezuelan government had not yet decided whether to put Las Cristinas under state control and that nothing would be decided until the law had passed in its final form. Mr. Kahn’s diplomacy not withstanding, his statement serves the purpose of clarifying for investors that the MOA can be changed and Crystallex could end up with less than 50% participation in the project. The lack of investment security thus fa!
r is alarmingly high however should Venezuela take a minimum of 51% of Las Cristinas, the turmoil that would ensue for both Crystallex and its investors would be immense. Crystallex’s main appeal are the gold reserves at Las Cristinas and that some major mining company may find that attractive enough to buy out the company. Any speculative premium on that account would fade immediately.

Financially it does not seem as though Crystallex could weather such a storm. The bloated share structure is further weighed down by covenants in the 100 million debt agreement that the company entered into in December of 2004. The unfortunate situation investors find themselves in is that Crystallex itself has not practiced a policy of complete disclosure and transparency and so they are left stranded with nothing but a hope and a prayer of the scenario that things will work themselves out for the best.

[Broker_Hans]

Addiert Offenmmarktaktiepreis, -hintergrund) OTTAWA, 14. Juni (Reuters) - kanadisches Goldbergmann Crystallex International Corp. (KRY.TO: Anführungsstrich, Profil, Forschung) gesagt am Donnerstag, daß sie allen Anforderungen für die Austeilung einer Klimaerlaubnis, Aufbau seines Las Cristinas Projektes in Venezuela anzufangen entsprochen hat. Crystallex hat lang die abschließende Erlaubnis gewartet, Arbeit über das riesige Projekt, eine der größten unentwickelten Ablagerungen der Welt zu beginnen Gold. Anteile an der Toronto-gegründeten Firma knallten 15 Prozent höher am geöffneten auf der Toronto Börse und fügten 65 kanadische Cents C$4.90 hinzu Reuters Abbildungen Herausgeber-Wahl: Beste Abbildungen von den letzten 24 Stunden. AnsichtSlideshow Die Klimaauswirkung Studie für das Projekt ist durch das Ministerium des Klimas und der Naturresourcen von Venezuela genehmigt worden. Crystallex sagte, daß es auch eine Befolgunggarantiebindung bekanntgegeben und bestimmte Steuern für die Austeilung der Klimaerlaubnis gezahlt hat. „Der Antrag durch die venezuelanische Regierung für die Eintragung der Befolgunggarantiebindung und -steuern bestätigt weiter unser Verständnis, daß wir mit dem sehr abschließenden Stadium des Verfahrens für den Empfang der Klimaerlaubnis eingewilligt haben,“ sagte Crystallex Hauptgeschäftsführer Gordon Thompson in einer Aussage. Crystallex wartet jetzt die Erlaubnis, die für Grube Aufbau vom Ministerium des Klimas und der Naturresourcen von Venezuela benötigt wird. 2002 gewann Crystallex den Vertrag, um die Ablagerung, die zu entwickeln die Toronto-gegründeten Firmaschätzungen und wahrscheinliche Reserven von 14 Million Unzen Gold geprüft hat, basiert auf einem Preis von $450 pro Unze Gold. Fortgefahren…
Arabisch nach Englisch BETAChinesisch nach Englisch BETAChinesisch (traditionell nach vereinfacht) BETAChinesisch (vereinfacht nach traditionell) BETADeutsch nach EnglischDeutsch nach FranzösischEnglisch nach Arabisch BETAEnglisch nach Chinesisch (traditionell) BETAEnglisch nach Chinesisch (vereinfacht) BETAEnglisch nach DeutschEnglisch nach FranzösischEnglisch nach ItalienischEnglisch nach Japanisch BETAEnglisch nach Koreanisch BETAEnglisch nach PortugiesischEnglisch nach Russisch BETAEnglisch nach SpanischFranzösisch nach DeutschFranzösisch nach EnglischItalienisch nach EnglischJapanisch nach Englisch BETAKoreanisch nach Englisch BETAPortugiesisch nach EnglischRussisch nach Englisch BETASpanisch nach Englisch
Eine bessere

[helles-hefe]

[receiver88]

Antwort auf Beitrag Nr.: 30.458.005 von helles-hefe am 02.07.07 22:38:33

Hallo.............McFligh, jemand zu Hause?

[receiver88]

Antwort auf Beitrag Nr.: 31.608.948 von receiver88 am 16.09.07 14:57:53

Könnte der Boden sein.

[martinsgarten]

Antwort auf Beitrag Nr.: 31.678.249 von receiver88 am 20.09.07 18:11:41

27.09 auf bloomberg:

Crystallex International Corp. (KRY CN) jumped 42 cents, or 16 percent, to C$3.10. The developer of Venezuela's biggest gold deposit had the biggest gain in an index of Canadian bullion miners, as price of gold and silver rose for the first time in three days. All 18 companies in the index rose.

Two days ago Crystallex said that the estimate of gold resources the Las Cristinas project increased 18 percent to 20.76 million ounces.

Das heiß es liegen bei 740 USD über 15 Mrd USD in der Erde. Mit etwas über 1gr/tonne aber nicht gerade die Welt.

[receiver88]

Antwort auf Beitrag Nr.: 31.777.345 von martinsgarten am 28.09.07 15:12:46

Das lässt sich doch schon sehen und optimistisch in die Zukunft blicken.

[receiver88]

Antwort auf Beitrag Nr.: 32.009.017 von receiver88 am 15.10.07 20:51:59

[receiver88]

Antwort auf Beitrag Nr.: 32.111.222 von receiver88 am 22.10.07 18:02:44

OK, bin schon wieder versöhnt.

[receiver88]

Antwort auf Beitrag Nr.: 32.282.220 von receiver88 am 04.11.07 20:32:33

Fazit für dieses Jahr: wenig Handel, geringes Interesse, eine absolut enttäuschende Performance. Kein guter Tipp der WiWo.

[Devjo]

Antwort auf Beitrag Nr.: 32.846.609 von receiver88 am 22.12.07 10:58:58

Wird schon noch, sobald sie anfangen zu fördern, explodiert der Kurs

[receiver88]

Antwort auf Beitrag Nr.: 32.846.687 von Devjo am 22.12.07 11:26:22

Guter Start ins neue Jahr. Glück auf.

[receiver88]

War ein ziemliches Debakel gestern. Heute enorme Umsätze in Canada.

Es gibt doch noch Leute, die an die Story glauben. Ich gehöre dazu.

[recession]

Ich glaube im diesem Monat wird richtig gut verdient, wenn man in richtigen moment Einsteigt.

[receiver88]

Mag sein. Die Aktie hat in D bislang keinen so recht interessiert, wenn ich mir die Umsätze so ansehe. Kann nur besser werden.

[receiver88]

“Crystallex is committed to defending its rights in the Las Cristinas project and intends to respond to this matter vigorously in accordance with its legal entitlements to protect the interests of our shareholders,” the firm said.

Ich würde sagen, dann legt mal los Jungs.

[receiver88]

Ok, das sieht doch schon wieder besser aus.

TORONTO, ONTARIO--(Marketwire - May 12, 2008) - CRYSTALLEX INTERNATIONAL CORPORATION (TSX:KRY)(AMEX:KRY) today provided a further update on developments regarding the Las Cristinas gold project in Bolivar State, Venezuela. On April 30, 2008, the Company reported that a Director General in the Administrative Office of Permits at the Ministry of the Environment and Natural Resources of Venezuela ("MinAmb") had issued a communication to the Corporacion Venezolana de Guayana ("CVG"), the concession holder of the Las Cristinas concessions, that the Office of Permissions in the Ministry had denied the request of the CVG for the permit to affect the natural resources in Sifontes municipality of the State of Bolivar. Since being advised of the letter, Crystallex has had the opportunity to meet with Officials of both the Government of Venezuela and the CVG and has begun the process seeking the reversal of the Director General's communication in order to bring the Las Cristinas gold deposit into production.

Today Crystallex filed the legal rebuttal to the position taken by the Director General of Permits in the Ministry of the Environment and Natural Resources. We anticipate that our partner the CVG will be filing their rebuttal in due course. The Ministry of the Environment and Natural Resources Director General who issued the letter has, under the administrative law of Venezuela, 15 business days to reply formally. If there is no reply, under law the answer is deemed to be negative. At that time, the Company has the legal right to appeal directly to the Minister of Environment and Natural Resources who also has a set time (90 business days) to issue a finding. If at that time the answer is negative, Crystallex has a number of legal avenues to pursue both in and out of Venezuela in order to protect its shareholders' rights.
The communication from this Director General of the Ministry of the Environment and Natural Resources is in conflict with the Las Cristinas Environmental Impact Study approval, Construction Compliance Bond Request and Environmental Tax request issued by the Ministry of the Environment and Natural Resources. Both the posting of the Bond and payment of the requested Tax were satisfied in 2007 and Crystallex received receipt of acceptance. This communication appears to be in opposition to all mineral mining in the Imataca Region. In the opinion of Crystallex's management, the communication in question also leaves a number of current and historic projects standing contrary to the communication. In addition, Crystallex believes that the content of the letter contradicts Presidential Decrees, National Assembly Resolutions, Ministry of the Environment and Natural Resources Resolutions, and Ministry of Basic Industry and Mines ("MIBAM") Resolutions.

Since the contents of the Director General's letter became public, local and indigenous communities, and Venezuelan Officials have voiced continued support for the development of the Las Cristinas project and other mining projects in the region. Crystallex has also become aware that the Venezuelan National Assembly intends to hold hearings regarding the Director General's letter and the status of the Las Cristinas project.

The Company is continuing its efforts with the support of Venezuelan governmental agencies to advance the Las Cristinas project which will create significant employment, healthcare facilities and sustainable development for the surrounding communities.

[Traders79]

Antwort auf Beitrag Nr.: 34.032.099 von receiver88 am 05.05.08 21:09:08

heute gings los +50% ... weiter so...

[Oberschwester]

Totgesagte leben eben länger!

Jetzt muss Hugo entgegen ursprünglichen Äußerungen grünes Licht geben...Auf Bloomberg wurden Gerüchte genährt, daß Las Christinas doch bald loslegen darf.

[receiver88]

Crystallex war schon immer von erheblichen Schwankungen geprägt. Wenn man unterstellt, dass wir den Tiefpunkt in dem aktuellen Downmove gesehen haben, ist eine Verfünffachung des heutigen Kurses denkbar.

Börse lebt von der Phantasie

[Lauren]

How To Be A Successful Miner
By Ian Cooper | Saturday, May 17th, 2008


To be a successful gold miner, remember these three words: location... location... location.
Aurelian Resources (ARU.TO) found that out the hard way, plummeting from $10 to about $3. Corriente Resources (CTQ.TO) fell from $5.50 to $3. And Dynasty Metals (DMM.TO) fell from $7 to about $2.50.

But that's what happens when you have major operations in one location. Aurelian, for example, based out of Toronto, held its major asset in Fruta del Norte in Ecuador. It came as no shock when they fell on Ecuador's decision to freeze exploration and revoke mining concessions in an effort to increase state control.

Gabriel Resources (GBRRF.PK) got a 60% haircut after the Romanian government rejected its environmental impact assessment in September 2007.

And just this week, Crystallex (KRY), whose Las Cristinas property in Venezuela was expected to begin production in 2009, had the rug pulled. Venezuela will not grant a permit to KRY for the Las Cristinas mine after deciding not to grant licenses for open-pit mining for gold, diamonds and coal. Venezuela recently stepped up oversight on the mining industry, constantly reviewing mining concessions to decide on which ones should be revoked.

Citing ecological damage for the bank, KRY's hopes to mine in the nine million acre reserve were dashed.


But this isn't the first time Venezuela has crushed mining dreams.

Gold Reserves (GRZ) was knocked down from $6 to $2 after Venezuela rescinded a March 2007 construction permit. Even Anglo American (AAUK) fell after the government revoked a nickel mining concession, claiming the company failed to comply with contractual conditions.

Again, if you want to be a successful gold miner, remember its all about location. Investors need to remember this, too, before investing in any gold mining companies. KRY's plummet from $5 to 80 cents is a tough way to learn that lesson.

Good Investing,

Ian L. Cooper

- also definitiv : N O
sorry folks

[receiver88]

How to be a successful investor. Remember just one word: timing

[receiver88]

Antwort auf Beitrag Nr.: 34.127.860 von receiver88 am 19.05.08 19:52:45

Ja wer sagt es denn.

The company released the following statement Tuesday morning:

Crystallex has received the official minutes of the meeting held at the Permanent Committee for the Economic Development of the National Assembly at the public hearing held on June 4, 2008 to discuss the delay of the Las Cristinas project. At the meeting, representatives of the Ministry of Mines [“MIBAM”] confirmed support for Crystallex and its compliance with all procedural and administrative steps up to the denial of the permit by MinAmb. The resolution issued by the Committee states that the Las Cristinas project has been in development for a significant period of time with the support of different branches of the Government. The resolution further notes a lack of coordination between the various Government branches, which it suggests should be resolved in light of the macroeconomic policies and goals of Venezuela, as well as the social needs of the people and the pre-existing environmental damage.

[receiver88]

Abwarten und (Eis-)Tee trinken. In den nächsten Tagen wird es heiß werden. Wettertechnisch zumindest.

[Oberschwester]

KRY läuft wieder, fast 50% diese Woche!

Chavez kauft den Spaniern die venezuelanische Banco Santander Einheit ab für 1,9 Mrd USD. Die Spanier hatten 1996 nur 351 Mio USD dafür hingelegt.

1. Chavez kauft zu echten Preisen und "verstaatlicht" nicht im Sinne von Enteignen. Hat sich bei EDC und VNT auch schon gezeigt.

2. Wenn man an die riesigen Goldvorräte in Las C. und die lächerlichen Förder cash costs i.H.v. 258 USD denkt, ist "Schnäppchen" für KRY noch untertrieben.

[receiver88]

Commenting on the process, Mr. Robert Fung, Crystallex Chairman and CEO stated, "While it's early to predict the results of the process, we are encouraged by the progress made and the completion of the site visit, and remain optimistic about a prompt and successful completion of the process."

Yappa dappa doo, wieder mal ein Lebenszeichen

[Kubanisch_Rauchen]

Drecksbude der Laden KRY!!!!!!!!!!!!!!



The pr-inside.com report follows the publication of a Reuters article on Friday, September 19th, discussing comments made by Chavez on "taking back" Venezuelan mines. Reuters reported that Chavez seemed to single out Las Cristinas, the Crystallex-owned mining project. The Reuters article did not even mention Gold Reserve.


Though Carson is described as "editor & publisher," VHeadline is a blog, not a news organization, giving what it describes as "an editorially independent perspective." See http://vheadlinevenezuelanews.blogspot.com." target="_blank" rel="nofollow ugc noopener">September 22, 2008

10 Years Later, Crystallex Promoter Still at It

Ten years ago, asensio.com reported on misleading statements made by Roy Carson aiding Crystallex International Corp.'s (AMEX: KRY $1.15) stock promotion that later failed. Ten years later, it seems Mr. Carson is still trying to promote Crystallex. A report that appeared on www.pr-inside.com cites Roy Carson, "VHeadline editor & publisher," as a source. The report describes comments made by Venezuelan President Hugo Chavez on mining nationalization, and implies that Crystallex will not be affected by nationalization of the Venezuelan mining industry, unlike Crystallex's competitor Gold Reserve Inc. (AMEX: GRZ $1.37).


The pr-inside.com report follows the publication of a Reuters article on Friday, September 19th, discussing comments made by Chavez on "taking back" Venezuelan mines. Reuters reported that Chavez seemed to single out Las Cristinas, the Crystallex-owned mining project. The Reuters article did not even mention Gold Reserve.


Though Carson is described as "editor & publisher," VHeadline is a blog, not a news organization, giving what it describes as "an editorially independent perspective." See http://vheadlinevenezuelanews.blogspot.com.

[Chalif]

HEY !!

Was gibts neues an der Crystallex-Front ??Der Kurs ist jedenfalls total abgeschmiert,aber besteht noch hoffnung auf Las christinas ???

Was meinst du,Oberschwester ?!

MFG
Chali

[receiver88]

RENO, NV -

In a financial statement issued Thursday, Crystallex stressed once again that the Toronto-based junior has not been notified by any Venezuelan government entity of any changes to the control of the Las Cristinas gold project.

Meanwhile Crystallex said it is "taking the necessary steps to protect its shareholder and stakeholder rights, including the preservation of rights to pursue further legal avenues both inside and outside of Venezuela."

However, Crystallex is still waiting to hear an explanation from the Basic Industries & Mining Ministry (MIBAM) in the wake of a reported statement by President Hugo Chavez and Mining Minster Rodolfo Sanz earlier this month that a memorandum of understanding will be signed with Canadian gold mining company Rusoro to jointly operate the Las Cristinas and Las Brisas gold project with the government.

At the end of September 2008, the company stopped mining at the Tomi and La Victoria mines (the El Callao properties) due to the handover of Revemin to Minerven, a Venezuelan state-owned company, effective October 1, 2008. The mill staff of Revemin and some of the mining employees have gone to work for state-company Minerven.

It should be noted that Venezuela has regional elections scheduled on the 23rd of this month. The elections will choose governors for the 22 regions of Venezuela. Of the 22 regions, Chavez supporters are expected to capture 16 of those governorships.

FINANCIALS

Crystallex reported that it had cash and cash equivalents as of September 30, 2008, of $44.6 million.

The company reported a loss of $25.3 million or negative 9-cents per share including $2.9 million of an unrealized foreign exchange loss for the first nine months of this year compared to a loss of $13.1 million (negative 6-cents/sh).

A loss of $1.6 million (negative 1-cent/sh) was reported for the third quarter of 2008, compared to a loss of $5 million (negative 2-cents/sh) reported during the third-quarter of 2007. The losses in the first nine months and third quarter of this year "are principally attributable to the aggregate of corporate general and administrative costs, interest expense, and the effects of foreign exchange on the translation of future income tax liability," according to the company.

Expenditures were $17 million and $4.3 million on Las Cristinas for the nine months and three months ended September 30, 2008, respectively as Crystallex awaits a final decision on the project permit.

[receiver88]

Published on 14th January 2009

TORONTO (miningweekly.com) – Toronto-based Crystallex International has not been informed by the Venezuelan government about any changes in the status of its Las Cristinas gold project, the firm said on Wednesday.

The company was responding to comments reportedly made by President Hugo Chavez, that the project would be taken from Crystallex and developed by a joint venture (JV) between the government and Vancouver-based, Russian-owned Rusoro Mining.

Crystallex “has not been notified of any changes in position by the Venezuelan government regarding the Las Cristinas project or the mine operating contract,” the company said in a statement.

The firm's staff and representatives are in “continual communication with senior Venezuelan officials” and the comments attributed to Chavez had not been raised with the company, it added.

Rusoro, which has been named as the government's 'partner of choice' when it comes to gold-mining, operates the Choco 10 gold mine in Venezuela, and last year bought Hecla Mining's Isidora operation, which it now owns in JV with a State-owned company.

The firm is also in the midst of a hostile takeover bid for Spokane, Washington-based Gold Reserve, which plans to develop the Brisas gold/copper project, just down the road from Las Cristinas.

Las Cristinas, which is believed to be one of South America's biggest untapped gold deposits, has estimated proven and probable reserves (based on a $550/oz gold price assumption) of 16,86-million ounces of gold, according to a September 2007 update by Crystallex.

Crystallex has been trying for years to get permission to build the mine, but was told last year in April that a key permit would be denied.

Since then, the company has been in negotiation with various Venezuelan officials in the hope that it can find a solution, and even filed a dispute with the nation's government in December, under an investment treaty between Canada and Venezuela.

[receiver88]

Die Richtung stimmt zumindest wieder.
http://aktien.wallstreet-online.de/charts/instinformer.php?b…

[receiver88]

Antwort auf Beitrag Nr.: 36.576.941 von receiver88 am 13.02.09 19:39:57

Hmmm, woanders fallen die Kurse........
Hoffe, dass ich hier im richtigen Zug sitze.

[receiver88]

Solche Sprünge wie heute macht kein Osterhase -))

[receiver88]

"In dem Gebiet lagert einer der größten Goldschätze der Welt. Geologisch nachgewiesen wurden bisher Goldvorkommen von 22,2 Millionen Unzen. Davon könnten mit Einsatz heutiger Bergbautechnik mindestens 13,6 Millionen Unzen wirtschaftlich abgebaut werden. Von den nordamerikanischen Goldunternehmen besitzen nur die Branchenriesen Newmont, Barrick und Goldcorp/Glamis mehr Reserven als Crystallex. Doch während Goldanleger an der Börse für eine Unze aus den Reserven von Barrick & Co. im Schnitt 200 US-Dollar bezahlen, kostet die Unze von Crystallex gemessen am Marktwert von 832 Millionen Dollar nur 60 Dollar. Trotz des hohen Abschlags ist die Goldaktie aber nichts für Anleger mit schwachen Nerven, wie ein Blick auf den Kursverlauf zeigt: Im Sommer 2005 stürzte die Aktie um 75 Prozent ab. Anleger befürchteten, der venezolanische Staat könnte auch bei Crystallex die Daumenschrauben anziehen und das Las-Cristinas-Projekt unter staatliche Kontrolle bringen. Die Investoren kehrten erst wieder zaghaft zurück, als der südafrikanische Goldkonzern Gold Fields im November 2005 die Übernahme des Explorers Bolivar Gold ankündigte. Bolivar Gold arbeitet in direkter Nachbarschaft von Crystallex. Für regelrechte Kaufpanik sorgte im März 2006 die Nachricht von der Zulassung des Goldprojekts durch das venezolanische Bergbauministerium. Binnen sechs Monaten hatte sich der Kurs gegenüber dem Tief versechsfacht. Doch anschließend ging es wieder kräftig abwärts. Erneut wurde von drohender Verstaatlichung und Strafsteuern für ausländische Minenunternehmen berichtet. Bewahrheitet hat sich nichts, Crystallex muss weder Steuern nachzahlen, noch dürfte die Enteignung bevorstehen. Stattdessen könnte Crystallex noch in diesem Jahr die letzte bürokratische Hürde auf dem Weg zum Bau der Mine nehmen." (Quelle WiWo in 2006)
Dass dem nicht so war wissen wir jetzt und auch das Crystallex vor hat rechtliche Schritte einzuleiten. Heisst für uns viel Geduld mitbringen. Hier tut sich so schnell nichts.

[receiver88]

Schon etwas eintönig, nur mit mir selbst zu reden...
Hat keiner Interesse??

[KaOzz]

Antwort auf Beitrag Nr.: 37.842.119 von receiver88 am 24.08.09 22:42:52

Hallöchen erstmal!

Doch, doch, ich interessier mich schon für die Entwicklung in Venezuela, v.a. aufgrund der immensen Vorkommen an Au & Ag.

Ich habe mich die letzten Tage nach Edelmetallschürfern umgesehen, die in Regionen mit möglichst günstig zu fördernden Vorkommen aktiv sind und bin dann u.a. auf Crystallex und Gold Reserve gestoßen.
Die hatten an sich schon sehr hohe nachgewiesen Vorkommen in ihren Studien angegeben (Gold Reserve mit 10 Mio Unzen)

Die Bewertungen dieser Unternehmen sind derzeit meiner Meinung nach eine Folge der unsäglichen Politik von Chavez...

Was mich wirklich schickiert hat, waren die Methoden, mit denen die Russen (Rusoro) auf den benachbarten Gebieten, in Bezug auf Gold Reserve vorgingen. Die haben tatsächlich unerlaubte Bohrproben von deren Liegenschaften genommen und dann ein Übernahmeangebot gemacht, das extremst unter dem aktuellen fairen Wert lag... (sowas machen nichtmal die Chinesen, obwohl die auch harte Verhandlungspartner sind).

Alles in allem sind das große Unsicherheitsfaktoren, aber diese Filetstücke in Venezuela sind einfach zu attraktiv, als das ich mich meinen Blick komplett davon wegrichten könnte. Ich behalte Crystallex und Co. jedenfalls im Auge und vielleicht gehe ich ne ganz kleine Position ein... Das steckt noch zu viel Potential drinnen...

Beste Grüße

[receiver88]

Dieses Teil wäre ein Verzehnfacher, wenn jemand die Lunte dieser Ladung endlich anzünden würde.
Ich für meinen Teil kann warten, der Goldpries wird´s schon richten.

[KaOzz]

Antwort auf Beitrag Nr.: 38.043.506 von receiver88 am 23.09.09 20:55:02

In nem vernünftigem politischen Umfeld in venezuela sähe der kurs anders aus und der thread wär sicher etwas lebendiger...

20 Mio Unzen und ne MK von 80 Mio USD... Hier wäre was ab 1 Milliarde MK angemessen...




Schau Dir mal Gold Reserve an... is das selbe Problem und die selbe Perspektive, allerdings nicht mehr ganz so billig, is auch schon ziemlich gelaufen, die letzten Wochen

Trotzdem, KRY is interessant, gerade wegen des enormen spekulativen Potentials.

[KaOzz]

Antwort auf Beitrag Nr.: 38.044.685 von KaOzz am 23.09.09 23:35:45

News für Venezuela.

http://www.bnamericas.com/en/venezuela

[KaOzz]

Venezuela Mining Report 2009 - Zusammenfassung

Quelle: http://www.marketresearch.com/map/prod/2400980.html

The Venezuelan government has continued to nationalise companies across the extractive sector through2008-09, with the gold mining and iron production sectors particularly affected. The operatingenvironment in Venezuela for international companies focused on the extractive industries has alsocontinued to deteriorate, with government policies serving to drive out foreign miners and investment.

President Chavez’s administration has moved - unofficially - to assert its control over the gold miningsector, in part threatening expropriations of major deposits and in part facilitating takeovers by favouredpartner, Rusoro Mining. Announcements by the president and the Mining Ministry have fuelled fearsthat the state will take over Venezuela’s major undeveloped gold deposits - Las Cristinas and Las Brisas- or at least share responsibility for their operation with Canada-listed, but Russian-funded, Rusoro.

Canada-listed Crystallex and US-based Gold Reserve, the companies with operating licenses for thesites, have been repeatedly denied authorisation to develop them, and in late 2008 Rusoro launched ahostile takeover bid for Gold Reserve, which was blocked by a Canadian court. Both firms have claimedthat the government’s actions violate the terms of certain investment treaties between Canada andVenezuela. In addition, a subsidiary of the Corporación Venezolana de Guayana (CVG), the stateownedregional minerals conglomerate, took control of Crystallex’s Revemin mill, forcing the companyto stop output at the two gold mines it served.

Rusoro Mining further extended its control over the gold mining sector in June 2008, when it acquired thein-country assets of Hecla Mining Company for some US$20mn and US$5mn worth of Rusoro shares.And in December 2008, Rusoro announced that it also hoped to begin producing gold at its Increible-6site in Q209. A preliminary study at the company’s nearby Choco 10 mine, which it acquired in late 2007,suggested that - if expansion plans are completed in time to launch in 2012 - production levels could putit among the top 25 gold mines in the world. Meanwhile, the Finance Ministry ordered that 70% ofdomestically produced gold must be sold in Venezuela, 60% of which must first be offered to the CentralBank, up from 20% previously.

President Chavez ordered the nationalisation of several iron companies in May 2009, including one whichis majority owned by Japanese investors. The nationalisation will affect Comsigua, Orinoco Iron,Venprecar and Matesi, as well as the transnational Tenaris. Also in May, Ternium’s remaining 10%stake in nationalised steel producer Sidor was transferred to the Venezuelan government. The country’slargest steel producer, which produced 4.5mn tonnes in 2007, was nationalised by presidential decree inMay 2008 and, after a year-long dispute, reports suggested that CVG had agreed to pay some US$2bn incompensation.

In BMI’s Venezuela Mining Report 2009, we predict that the nation’s mining industry will remain asmall, and somewhat unchanging, part of the economy through 2013, although it could experience somecontraction in the near-term. In world terms, Venezuela is a major player in the energy industry.However, it is relatively unimportant as a supplier of non-fuel minerals.

Venezuela’s mining/minerals sector is not important relative to exports, GDP or total employment.

Venezuela is certainly not the only country in Latin America where government policy and rhetoric haveserved to discourage the participation of major multi-national companies in the mining and other sectors.

However, the Venezuelan government under President Chavez has appeared particularly, andincreasingly, hostile to inwards foreign investment, as the president seeks to assert state control over allnatural resources. In addition to this, related decisions are often fuelled by political or social concerns,rather than commercial considerations.

As a result, major multinationals are thin on the ground, both in the energy and non-fuel mineral sectors.Key state corporations include the aforementioned CVG, with its 15 operating subsidiaries, and energygiant Petróleos de Venezuela SA (PDVSA). CVG is charged with the economic and social developmentof much of eastern Venezuela, but several of its subsidiaries have reportedly been struggling to pay offdebts to their suppliers of late. Steelmaker Sivensa is the only significant Venezuela-listed company and anumber of junior miners from Canada are slowly turning away from the sector. Increased cooperationwith Russia across the board has further increased potential for companies such as Rusoro.

[KaOzz]

Hier mal ein Bericht aus dem Juni, indem es um eine Klageerhebung gegen KRY geht, die müsste mittlerweile laufen... da bin ich aber nicht auf dem laufenden....


Crystallex's Venezuela woes grow

Faces investor suit

Julius Melnitzer, Financial Post
Published: Wednesday, June 17, 2009

When Venezuelan President Hugo Chavez says "no," does it really mean "no"?

It's not a question that would normally engage the Ontario Superior Court of Justice. However, in a world where politics, business and legalities can easily collide, what Mr. Chavez really means is at the heart of a US$102-million lawsuit by investors of Crystallex International Corp., a gold-mining company.

The key issue in the case focuses on the duties that directors of businesses in deteriorating financial circumstances have to a company's creditors.

According to the aggrieved investors, Mr. Chavez meant what he said when he announced in September, 2008, that he would turn over the Las Cristinas gold mining project, Crystallex's main asset, to a consortium composed of Venezuelan and Russian interests. The investors are tired of the company continuing to spend millions of dollars on a project they believe is doomed to failure.

"The company seems to have an endless appetite for being misled and abused by the Venezuelan government, an appetite that has worked and continues to work to the detriment of investors," said Stephen Hope, the managing member of the San Francisco-based Outrider Fund, which owns about $17-million of the $100-million in senior unsecured notes held by Computershare Trust Company of Canada for a variety of investors.

However, Markus Koehnen of Mc-Millan in Toronto, who represents Crystallex, says the suit has no merit.

"The bondholders are complaining that the company pursued the Venezuelan opportunity for too long, and that amounts to an attack on the business judgment of the directors," Mr. Koehnen says. "But it's fairly standard black-letter law that this kind of decision is one for the board to make, and just because the bondholders think the opportunity should not be pursued further doesn't make it so."

The Las Cristinas area, owned by the Venezuelan government, is estimated to contain 35.2 million ounces of gold.Crystallex has a licence to mine and develop the deposit, but it needs an environmental permit to begin production. The company had been pursuing the permit for almost six years when the Venezuelan Ministry of the Environment denied the application in April, 2008.

In hindsight, that ought not to have been a complete surprise. Both Mr. Chavez and other officials had repeatedly suggested the government would nationalize the gold-mining industry.

In September, 2008, Mr. Chavez announced he was "taking back the mines." The Minister of Mines followed with a press release stating that, "by 2009, the state will take back, operate and manage the Las Cristinas mine." Although the minister later rescinded a statement that he would offer the project to Rusoro, a Russiancontrolled miner, he did not retract the government's intention to "take back" Las Cristinas.

Crystallex, however, continued with internal appeals through the Venezuelan government, which have proven fruitless so far. The investors also say the company continues to honour spending commitments in Venezuela despite the government's failure to hold up its side of the bargain. "We brought the application because it's time to stop spending money on rainbows," says Rob Staley, who, with colleague Derek Bell at Bennett Jones in Toronto, represents the bondholders.

Indeed, the company has announced it may exhaust its cash reserves by the fourth quarter of 2009.

"The cash burn is surprisingly high for a company without active business operations," Mr. Hope said.

All this, the investors say, means Crystallex will default on its notes when they come due in 2011. "At the highest conceptual level, you have to ask yourself whether creditors have to stand by when a company that's driving towards a cliff that it knows is there decides to continue navigating in that direction," Mr. Bell said. "At a certain point, surely, 'no' means 'no.' "

The lawsuit aims to preserve the remaining cash by having the court declare continued expenditures "oppressive." Investors also hope to recover the balance owing on the notes by way of equipment sales and the proceeds of an international arbitration they believe the company should institute against the Venezuelan government.

The case may present an opportunity for the courts to clarify the Supreme Court of Canada's 2004 decision in Peoples Department Stores Inc. v. Wise. There, the high court ruled that directors and officers do not owe a fiduciary duty to creditors of a corporation, even when it is insolvent or on the verge of insolvency.

"But the Supreme Court left wide open the possibility of unpaid creditors asserting claims based on the oppression remedy and the duty of care that exists in the Canada Business Corporations Act," says Arthur Peltomaa of Bennett Jones.

The oppression remedy, the court observed, was the broadest redress of its kind in the common law world. Still, the duty of care did not demand "perfection" from directors and officers, who were entitled to the benefit of the "business judgment rule."

Still, the court did state that creditors' interests increase in relevancy as a corporation's finances deteriorate. Similarly, determining the best interests of the corporation from time to time may involve consideration of a broad range of stakeholders.

"While the Supreme Court has emphasized that directors' fiduciary duty is to the corporation and not to a single group of stakeholders, creditors can continue to insist that the directors act in a manner that recognizes the economic reality of those whose interests are most at risk when a corporation is in financial trouble," said lawyer Kevin McElcheran of McCarthy Tetrault in Toronto.

A hearing to establish the trial schedule is set for the end of July, and the case could begin in August.

---

Wäre vermutlich sinnvoller venezuelanische Anleihen zu kaufen, falls die Unternehmen vertrieben werden

[receiver88]

Schlaf Dornröschen schlaf...

[receiver88]

Antwort auf Beitrag Nr.: 38.196.040 von receiver88 am 16.10.09 19:13:36

Na was ist den hier los?
Das Teil explodiert ja, muss gleich mal nachsehen was da anliegt

[receiver88]

Gerade im Stockhouse gefunden:
"The rumours are certainly out there. KRY back in the game? Well it certainly wouldn't be the first time, (or 2nd, or 3rd time) that people thought they were down and out, only to see them have a meteoric rise. If the rumour proves to be true, then this is easily the most undervalued stock there is. The difference this time is the stock is SO beaten down. If true (and the trades are ceratinly pointing to something good) some people are about to get very very wealthy in a hurry as the news filters out."

Von welchen Rumors die wohl sprechen? Sind mir im Moment auch mal total wurscht, Hauptsache es geht weiter soooooo.

[receiver88]

Antwort auf Beitrag Nr.: 38.397.274 von receiver88 am 16.11.09 18:56:32

So schlecht sieht es doch gar nicht aus. Entgegen den Unkenrufen aus dem Stockhouse, die einen schnellen Pullback vorhergesagt haben, ist es nicht zu einem Rückfall gekommen. Es ist allerdings immer noch ein weiter Weg. Das war allenfalls der erste kleine Schritt.

[receiver88]

Olala, wieder ein starker Kursausschlag, diesmal nach oben. Irgendjemand scheint den Kurs beliebig beeinflussen zu können. Hoffe das beste.

[receiver88]

Antwort auf Beitrag Nr.: 38.488.109 von receiver88 am 01.12.09 17:26:04

Liebe Mitleser ( es könnten im nächsten Jahr hoffentlich ein paar mehr werden),

wieder ist ein Jahr ins Land gezogen, dass uns nicht wirklich weiter nach oben gebracht hat. Natürlich steckt bei diesem Kursniveau ein enormes Potential nach oben, aber es ist bisher noch kein Auslöser für eine anhaltende Kursbewegung nach oben gekommen. Wenn es dann soweit ist, verpassen wir das Ganze aber auch nicht .
Stay long.

[receiver88]

Antwort auf Beitrag Nr.: 38.643.172 von receiver88 am 29.12.09 18:04:23

Hoppla, ein Lebenszeichen.

For Immediate Release

April 1, 2010

Crystallex Reports 2009 Financial Results

TORONTO, ONTARIO, April 1, 2010 – Crystallex International Corporation (TSX: KRY) (NYSE Amex: KRY) today reported its financial results for the year ended December 31, 2009. The Company prepares its consolidated financial statements in U.S. dollars and in accordance with Canadian Generally Accepted Accounting Principles. The consolidated financial statements along with management’s discussion and analysis will be available for viewing on the Crystallex International Corporation website at www.crystallex.com. The Documents have been filed with SEDAR (www.sedar.com).


Overview



Crystallex is a Canadian based company engaged in the development of the Las Cristinas gold property located in Venezuela. Its common shares are traded on both the Toronto Stock Exchange (symbol: KRY) and the NYSE Amex Exchange (symbol: KRY).


Las Cristinas



* The Company’s principal asset is its interest in the Las Cristinas gold project located in Bolivar State, Venezuela. The Company’s interest in the Las Cristinas concessions is derived from a Mine Operating Contract (the “MOC”) with the Corporacion Venezolana de Guayana (the “CVG”) which grants Crystallex exclusive rights to develop and mine the gold deposits on the Las Cristinas property.
* The Company has not received a response from the Minister of Environment and Natural Resources (“MinAmb”) to its June 16, 2008 appeal of the Director General of the Administrative Office of Permits at MinAmb denying its request for the Authorization to Affect Natural resources (the “Permit”) for the Las Cristinas project.
* The Company remains compliant with the MOC in order to protect the option of proceeding to international arbitration and retains control of the Las Cristinas property site. All community infrastructure projects as required under the MOC have been completed.
* Despite continued efforts to secure the Permit and pursue accretive transactions in respect of the Las Cristinas Project, the Company recorded a non-cash write down to the carrying value of the Company’s interest in Las Cristinas of $297,069 as required under Canadian GAAP based on certain potential impairment tests including, but not limited to, the permitting delays. Such non-cash impairment charge has been taken to comply with accounting requirements and does not reflect the Company’s continuing strong belief in the project, its commercial prospects and the likelihood of the receipt of the Permit.
* The Company will consider its options under International Financial Reporting Standards, when adopted in 2011, to reverse the impairment charge and restore the carrying value of the Company’s interest in Las Cristinas to its original amount, if receipt of the Permit or other circumstances warrants a reversal of this impairment charge. Meanwhile the Company continues to pursue the Permit and the development of Las Cristinas with all appropriate measures, including continued compliance with its obligations under the MOC.

Liquidity and Capital Resources

* Cash and cash equivalents at December 31, 2009 were $6.9 million.
* The Company forecasts that it will have sufficient cash to fund its operations through the second quarter of 2010, but will not be sufficient to cover the Company’s obligations over the next twelve months (see “Liquidity and Capital Resources” section).

Financial Results

* Losses from continuing operations were $311.9 million ($(1.06) per share) and $21.8 million ($(0.07) per share) for 2009 and 2008, respectively.
* Losses from discontinued operations at El Callao were $2.0 million and $3.9 million for 2009 and 2008, respectively.
* Losses from operations were $313.9 million ($(1.07) per share) and $25.7 million ($(0.09) per share) for 2009 and 2008, respectively.

Legal Matters

* On December 16, 2009 the Ontario Superior Court dismissed all of the claims by certain holders (the “Noteholders”) of the Company's 9.375% aggregate principal amount of $100 million notes (the “Notes”) against Crystallex and ordered the Noteholders to pay Crystallex costs. In detailed reasons the court held that Crystallex acted reasonably and in accordance with its obligations to the Noteholders. The Noteholders have filed an appeal which is scheduled to be heard on April 26, 2010.

* The Company and certain officers and/or directors have been named as defendants in a proposed class action lawsuit commenced in the United States District Court of the Southern District of New York. Crystallex believes that the complaint is without merit and will vigorously defend itself against this action. Crystallex has filed a motion to dismiss the class action complaint.


About Crystallex

Crystallex International Corporation is a Canadian based company, whose principal asset is its interest in the Las Cristinas gold development project located in Bolivar State, Venezuela. Crystallex shares trade on the TSX (symbol: KRY) and NYSE Amex (symbol: KRY) Exchanges.

For Further Information:

Investor Relations Contact: Richard Marshall, VP at [phone]

Visit us on the Internet: http://www.crystallex.com or Email us at: [e-mail]


SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including: statements relating to the estimated reserves and resources at Las Cristinas; anticipated results of drilling programs, feasibility studies or other analyses; the potential to increase reserves and expand production, at Las Cristinas; Crystallex's projected construction and production schedule, and cost and production estimates, for Las Cristinas; and management's statements regarding its expectations regarding mining in Venezuela. Forward-looking statements are based on estimates and assumptions made by Crystallex in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that Crystallex believes are appropriate in the circumstances. Many factors could cause Crystallex's actual results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves, and between actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of gold exploration; dilution; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property. These factors and others that could affect Crystallex's forward-looking statements are discussed in greater detail in the section entitled "Risk Factors" in Crystallex’s Annual Information Form (which is included in the Annual Report on Form 40-F that Crystallex files with the United States Securities and Exchange Commission (the "SEC") and elsewhere in documents filed from time to time with the Canadian provincial securities regulators, the SEC and other regulatory authorities. These factors should be considered carefully, and persons reviewing this press release should not place undue reliance on forward-looking statements. Crystallex has no intention and undertakes no obligation to update or revise any forward-looking statements in this press release, except as required by law.

[receiver88]

Neues Jahreshoch
Wow, ein einzelner verirrter Leser heute.

[receiver88]

For Immediate Release
May 19, 2010


Crystallex Reports Noteholders’ Appeal Dismissed

TORONTO, ONTARIO, May 19, 2010 – Crystallex International Corporation (TSX: KRY) (NYSE Amex: KRY) reported today that the Court of Appeal for Ontario upheld the December 16, 2009 decision of Justice Newbould of the Ontario Superior Court and dismissed the noteholders’ appeal of Justice Newbould’s order.

Las Cristinas update

Crystallex is actively pursuing a resolution to the Las Cristinas permitting dispute and believes that a responsible large scale mining operation at Las Cristinas will benefit Venezuela, the environment, the local communities, and all the stakeholders. To that end, the Company is presently in discussions regarding potential transactions and partnerships that, if successful, should facilitate the successful advancement of the Las Cristinas Project.

In the absence of a successful transaction or a settlement with the Government of Venezuela, the Company is prepared to file for international arbitration.

About Crystallex

Crystallex International Corporation is a Canadian based company, whose principal asset is its interest in the Las Cristinas gold development project located in Bolivar State, Venezuela. Crystallex shares trade on the TSX (symbol: KRY) and NYSE Amex (symbol: KRY) Exchanges.

[receiver88]

Antwort auf Beitrag Nr.: 39.559.213 von receiver88 am 20.05.10 20:28:01

100% in zwei Monaten und keiner merkt es.

[diwi0815]

Antwort auf Beitrag Nr.: 39.596.243 von receiver88 am 27.05.10 21:35:06

Hallo reiceiver,
ich hätts ja auch nicht gemerkt. Mich hat der "antizyklische Börsenbrief" auf Crystallex aufmerksam gemacht:
"Von den nordamerikanischen Goldunternehmen besitzen nur die Branchenriesen Newmont Mining (NEM), Barrick Gold (ABX) und Goldcorp (GG) mehr Reserven als Crystallex. Doch während Anleger für eine Unze Gold im Boden bei Barrick & Co. im Schnitt rund 180 US-Dollar bezahlen, kostet die Unze bei Crystallex gemessen am Marktwert nur rund zehn (!) US-Dollar."

Das ist schon ein Argument, auch wenn Venezuela nicht besonders freundlich zu ausländischen Aktionären erscheinen mag...

Weiter heißt es im Brief:
"Was uns besonders gut gefällt ist die absolute Stille, die den Titel umgibt: Es gibt keinen Börsenbrief, der Crystallex auf dem Radar hat. In den einschlägigen Internet-Foren herrscht Totenstille. Und der Aktienkurs fängt gerade erst an, sich
wieder etwas zu bewegen – das perfekte Umfeld für mutige Spekulanten."

Das trifft wohl voll zu...

Ist das eigentlich richtig, dass die Cashposition gering ist und man Verluste schreibt?

So hat man wohl riesen Chancen aber auch entsprechende Risiken!
Spannend ist es auf jeden Fall!
Gruß diwi

[receiver88]

Antwort auf Beitrag Nr.: 39.638.980 von diwi0815 am 06.06.10 21:19:02

Verluste klar, wenn man sich permanent mit der Regierung streitet und nichts fördern kann. Aber das schiere Potential, wenn es endlich zu einer Einigung käme. Natürlich immer das wenn-dann-Spiel, aber ich bin schon eine geraume Zeit dabei und unglaublich positiv eingestellt. Das wird was

[hoasti]

News:

http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

scheint sich jetzt was zu tun...

[fisch29]

Antwort auf Beitrag Nr.: 39.643.524 von hoasti am 07.06.10 19:07:32

Hast du mal nen Realtime-Chart aus Can?

[Frickhasserin]

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.643.598 von fisch29 am 07.06.10 19:18:53

[fisch29]

Antwort auf Beitrag Nr.: 39.643.706 von Hafturlaub am 07.06.10 19:33:12

Hmm, die News kam wohl nicht so gut an ... oder sell on good news!
Ist ja bereits gut gelaufen (die letzten Monate).

[fisch29]

Antwort auf Beitrag Nr.: 39.643.706 von Hafturlaub am 07.06.10 19:33:12

Danke übrigens, hast auch nen Chart mit Umsatzanzeige?

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.643.706 von Hafturlaub am 07.06.10 19:33:12

Kackt ganz schön ab
leg mal ein Limit bei 0,55 CAD rein

[Hafturlaub]

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.643.796 von Hafturlaub am 07.06.10 19:45:35

oh mist jetzt hat mein Limit gegriffen

gleich isse im Minus...und das nach der news

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.643.756 von Frickhasserin am 07.06.10 19:39:25

gelich im minus, nachdem sie mit fast 50% im Plus eröffnet hat..

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.643.852 von Hafturlaub am 07.06.10 19:52:43

wahnsinn

immerhin ist das GAP nun 100% dicht

[Frickhasserin]

man Venezuela is nix für schwache Nerven

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.643.867 von Frickhasserin am 07.06.10 19:54:35

sowas sieht man selten, dazu diese gigantischen Umsätze. Da hat jemand die Meldung gnadenlos zum Abverkauf genutzt.

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.643.882 von Frickhasserin am 07.06.10 19:57:24

Ob Chavez shortet?

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.643.899 von Hafturlaub am 07.06.10 20:00:36

immerhin war ich wegen der linken ratte heute vorsichtig und bin den Kursen nicht hinterhergelaufen. Hab sogar
zum Tagestief gekauft....noch

[Frickhasserin]

die 0,55 CAd fungieren als Trampolin.....wenn der Kurs
jetzt wieder Richtung 0,80 CAD geht, dann hat heute
einer Großer kräftig manipuliert, denn normal is das nich

[fisch29]

Antwort auf Beitrag Nr.: 39.644.177 von Frickhasserin am 07.06.10 20:36:14

Als Trampolin Richtung Null! War wohl nen Fehlgriff, verkehrt gezockt! Werd Morgen wohl mal zu WAMUQ schauen.

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.644.764 von fisch29 am 07.06.10 21:46:24

ja Totalflopp

[Moritz54]

na die aufforderung zum kaufen konnte von denen, die abladen wollten prächtig umgesetzt werden ... wer auf die boden-luft-raketen-briefe gehört hat, ist ein weiteres mal am arsch ...
gier frist hirn!

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.646.348 von Moritz54 am 08.06.10 09:27:30

die (paar?) deutschen Leser werden wohl kaum die Stücke aufgenommen haben, es gingen in USA+CAN ca. 50 Mio Stück übern Tresen. Sehr verdächtig, das Ganze.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.646.719 von Hafturlaub am 08.06.10 10:06:41

Das wird auch noch so weitergehen.
Der faire Börsenwert ist zweifelsohne ein vielfaches höher. Aber was ist schon fair? Emotionen lenken zur Zeit den Kurs.
Weniger Perspektiven, dafür jetzt Sicher, Sicherheit, dafür weniger Phantasie und zukünftig vielleicht nichts mehr zu Sagen haben, u.s.w.

Fakt ist aber auch, Enteigungskurse sind passe`. In Bälde sehen wir hier ganz andere Kurse.

[Moritz54]

Antwort auf Beitrag Nr.: 39.646.719 von Hafturlaub am 08.06.10 10:06:41

wer weiss, wo solche vielversprechenden push's überall erschienen sind? die bb-mafia ist schon lange international ... wenn ich einige namen hier im board lese, dann kommt mir das ... (sorry)

heute klingen die sprüche schon nicht mehr so euphorisch - ... es könnten zu viele Insider vorab etwas gewusst haben... oder die Gesellschaft plant eine Kapitalerhöhung ... oder die frage sei, was sind 1/3 an der gesellschaft wert ...

logisch ... als börsenbrief stellt man diese überlegungen erst hinterher an, nachdem man seinen lesern den wert WÄRMSTENS empfohlen hat ... mann schaltet doch mal eurer hirn ein

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.648.368 von Moritz54 am 08.06.10 13:59:39

wer weiss, wo solche vielversprechenden push's überall erschienen sind? die bb-mafia ist schon lange international ... wenn ich einige namen hier im board lese, dann kommt mir das ... (sorry)

welche Namen meinst du und auf welchen Zusammenhang willst du anspielen? Ich werde nicht so recht schlau aus deinen Sprüchen.

[Nissie]

aus dem Slazar Thread:

"Dann steigt gestern in Venezuela ,China Railway bei dem Goldexplorer Crystallex ein mit 66% Beteiligung!!!

Und das bei Hugo Chaves, wenn das nichts ist!"

[fisch29]

Antwort auf Beitrag Nr.: 39.648.368 von Moritz54 am 08.06.10 13:59:39

Du scheinst den Schrott ja auch zu lesen oder woher kommt das Wissen?
Der Kurs könnte im Worst Case bis 0,40 CAD fallen, dort sollte man aber dann schon einsteigen.

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.649.707 von fisch29 am 08.06.10 16:43:05

bin erst mal mit 7% Verlust raus. Der Kurs ist mir zu schwach auf der Brust

[fisch29]

Antwort auf Beitrag Nr.: 39.651.839 von Frickhasserin am 08.06.10 21:27:09

War wohl ne weise Entscheidung, ich bin bereits doppelt so hoch im Minus ... die 0,40 CAD sind aber nochmal so viel ... ob ich mir das antun soll ... sehen werden wir sie wohl.

[Moritz54]

Antwort auf Beitrag Nr.: 39.649.707 von fisch29 am 08.06.10 16:43:05

< Du scheinst den Schrott ja auch zu lesen oder woher kommt das Wissen? >

Ich "lasse lesen" ...

Und Dein "Worst Case" - kannst Du durchaus Recht haben.
Ich habe aber auch schon Empfehlungen gesehen, da lag der "Übernahmepreis" bei 7 CAD - das Worst Case bei 5 CAD ... trotzdem hat sich der Aktienkurs nicht an die Boden-Luft-Raketen-Propheten gehalten und ist Richtung 3 CAD marschiert ...

Manche Kaufempfehlung der "Brüder" entpuppt sich im Nachhinein als Angebotsbeschaffer für potentielle Verkäufer. Ich meine, damit kann man ja auch ganz gut handeln, wenn man das weiß ...

[fisch29]

Antwort auf Beitrag Nr.: 39.653.372 von Moritz54 am 09.06.10 09:12:15

Da hast du wohl recht, Forsys war auch so ne Luftnummer, das Teil steht jetzt schon unter 3 CAD.

Manche Kaufempfehlung der "Brüder" entpuppt sich im Nachhinein als Angebotsbeschaffer für potentielle Verkäufer. Ich meine, damit kann man ja auch ganz gut handeln, wenn man das weiß ...
Du hast dieses Insiderwissen? Dann hast du gute Quellen/Kontakte.

[RadyP]

alle verkauft?
ich hab jetzt gekauft!

börse ist manchmal echt lustig

[RobertS.Cutty]

Antwort auf Beitrag Nr.: 39.656.611 von RadyP am 09.06.10 16:32:22

Ich hab gestern im Tief UND heute mal ordentlich zugeschlagen

[RobertS.Cutty]

Antwort auf Beitrag Nr.: 39.656.830 von RobertS.Cutty am 09.06.10 16:54:17

[Hafturlaub]

Crystallex International Corporation Announces CDN$35,000,000 Bought Deal Financing

06/09/2010
Download this Press Release

TORONTO, ONTARIO -- (MARKET WIRE) -- 06/09/10 -- Crystallex International Corporation (TSX: KRY)(NYSE Amex: KRY) ("Crystallex" or the "Company") announced today it has entered into an agreement with a syndicate of underwriters ("the Underwriters"). Under the agreement, the syndicate has agreed to purchase, on a bought deal basis, 70,000,000 units (the "Units"), each Unit comprised of one common share (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant") of the Company, at a price of CDN$0.50 per Unit (the "Offering Price") for gross proceeds to Crystallex of CDN$35,000,000. Each Warrant will entitle the holder to acquire one Common Share at a price of CDN$0.70 for a period of one year following the date of issue.

The Company will grant the Underwriters an over-allotment option to purchase additional Units, Common Shares and/or Warrants, equal to, in the aggregate, 15% of the total number of Units sold pursuant to the offering, exercisable with respect to the Units at the Offering Price and with respect to Common Shares and Warrants at the price allocated to such Common Shares and Warrants in the Final Prospectus, exercisable in whole or in part at any time on or prior to the date that is 30 days following the closing of the offering. If this option is exercised in full, the gross proceeds to Crystallex will be CDN$40,250,000.

The Company expects to file a Canadian Preliminary Short Form Prospectus with the applicable securities regulatory authorities on June 14, 2010.

The net proceeds from the offering are intended to be used for Las Cristinas project related expenses, debt service and for general working capital purposes.

The offering is subject to certain customary conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including the approval of the Toronto Stock Exchange, the NYSE Amex and the applicable securities regulatory authorities. The offering is expected to close on or about June 30, 2010.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

[fisch29]

Antwort auf Beitrag Nr.: 39.656.611 von RadyP am 09.06.10 16:32:22

Ich überleg jetzt auch nochmals nachzulegen ...

[RobertS.Cutty]

Antwort auf Beitrag Nr.: 39.657.150 von fisch29 am 09.06.10 17:34:31

Bei den Kursen, gerade im Hinblich auf die heutigen News, kann man wahrlich nicht mehr viel falsch machen!

[RobertS.Cutty]

Antwort auf Beitrag Nr.: 39.657.179 von RobertS.Cutty am 09.06.10 17:37:59

Rohstoffraketen haben heute dazu ein sehr interessantes Update gebracht!

[bolst]

Antwort auf Beitrag Nr.: 39.657.307 von RobertS.Cutty am 09.06.10 17:53:47

was schreiben die denn so?

[RobertS.Cutty]

Antwort auf Beitrag Nr.: 39.657.380 von bolst am 09.06.10 18:03:49

Das werde ich mit Bestimmtheit hier nicht posten

[fisch29]

Antwort auf Beitrag Nr.: 39.657.179 von RobertS.Cutty am 09.06.10 17:37:59

Jooh, hab mir noch ein paar eingetütet auch wenn sie wie von mir prognostiziert noch auf 0,40 CAD fallen, einfach zu verlockend! Der 14.06. ist ja auch nicht mehr weit hin!

[fisch29]

Antwort auf Beitrag Nr.: 39.657.657 von fisch29 am 09.06.10 18:52:14

Sorry, geht ja bis 30.06., nun gut das sind noch ein paar Wochen.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.657.678 von fisch29 am 09.06.10 18:55:35

Ich bin auch auf diese Aktie aufmerksam geworden, und bin gerade dabei meine Hausaufgaben zu machen, bevor ich hier investiere (oder es bleiben lasse).

WIe weit reicht das angekündigte PP ? Kann damit die Produktion aufgenommen werden, wenn ja wann und wie viel Gold kann dann pro Monat produziert werden.

Ich finde auf der Homepage von Crystallex zwar Infos zu den gemessenen und wahrscheinlichen Resourcen, aber diese wirklich wichtigen Fragen kann ich momentan nicht beantworten. WEiß hier jemand mehr? Info's auch gern per Boardmail, normalerweise bin ich von RSR oder ähnlichen Börsenbriefen nicht so begeistert, aber momentan stimmt einfach das Umfeld für Investitionen in Rohstoff-Aktien.

SSSM

[Kampfpommes1]

Es ist immer wieder lustig zu lesen, wie böse Börsenbriefe doch sind.
Es liegt doch an jedem selbst. BBs sind als unterstützende Meinungsbildung nicht negativ zu bewerten, ebenso als Instrument Geld zu verdienen, sofern man selbst Wissen miteinbringt.

Ich habe vor gut einem Jahr einen sehr bekannten BB abonniert, nachdem ich mich jahrelang dagegen gewehrt habe. Ich hab es nicht bereut. Meine Rendite ist deutlich höher als zu früheren Zeiten, aber auch weil ich zwischen gut und schlecht durch meinen Wissensstand unterscheiden kann.

Solche unterbewerteten Companies wie Crystallex liebe ich einfach...ich kann warten

[fisch29]

Antwort auf Beitrag Nr.: 39.657.657 von fisch29 am 09.06.10 18:52:14

Geduld gehört leider nicht zu meinen Tugenden ... vielleicht heute noch für 0,40 CAD zu haben ...

[fisch29]

Antwort auf Beitrag Nr.: 39.657.779 von SommerSonneSandMeer am 09.06.10 19:14:48

Zu 2/3 gehört ab sofort die Goldliegenschaft dieser chinesischen Gesellschaft China Railway, wenn du ein paar Seiten zurückliest findest du die News. Nach meinem Verständnis finanzieren die dann alles oder das meiste. KRY selbst hat glaub ich etwas um die 100 Mille an Schulden, waren vorher ohne die Genehmigung der venzulanischen Regierung praktisch insolvent.

[RadyP]

meine Nachkauforder liegt bei 0,39 CAD und ich denke, dass wird noch nächste woche klappen

[SommerSonneSandMeer]

Prinzipiell gefällt mir die Aktie schon ganz gut, aber nach dem steilen Anstieg ist es eine Frage, wie weit die AKtie zurückkommt.


Ich werde Crystallex zumindest auf meiner Watchlist behalten und bei entsprechender Gelegenheit ein Engagement überprüfen.

SSSM

[RadyP]

ich denke, der Boden wird bei 0,40 CAD liegen, könnte aber auch bis zum 0,30 CAD laufen, das aber nur in Worst-Case Szenario

[RobertS.Cutty]

Wer bei EUR 0,36 nun seine Spielgeld Stücke mit erheblichem Minus schmeißt, hat in meinen Augen keine Eier in der Hose! "KRY" steht erst am Anfang seiner neuen Geschichte...wer da keine Geduld hat und sich gegen fundamentale Tatsachen entscheidet, sollte sich lieber nen Lolly kaufen!

Glückwunsch an die Käufer!

[RiscTec]

Antwort auf Beitrag Nr.: 39.664.305 von RobertS.Cutty am 10.06.10 17:42:46

Sehe ich auch so.
Ich glaube nicht das CRRC hier ohne politische Rückendeckung eingestiegen ist.
Habe mir heute einige KRY zugelegt.
Der Sharepreis liegt auch deutlich unter dem PP.
Denke nicht das es viel tiefer geht.
Die Enttäuschten haben bereits geschmissen...

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.664.305 von RobertS.Cutty am 10.06.10 17:42:46

Exactly!

[MFC500]

Antwort auf Beitrag Nr.: 39.665.670 von RiscTec am 10.06.10 21:16:16

bislang ist ein Einstieg "nur" beabsichtigt:

The closing of the transactions contemplated by the Agreement is subject to the applicable regulatory, government and shareholder approvals, satisfaction or waiver of all conditions contained in the Agreement and the execution and delivery of all closing documents including final definitive agreements which are being prepared and are expected to be completed before July 30, 2010.

Sollte sich der sprunghafte Chavez aus welchen Gründen auch immer querlegen, käme der Einstieg seitens China Railway nicht zustande.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.668.284 von MFC500 am 11.06.10 11:23:48

Er will aber seine/die China-Kontakte behalten/ausbauen. Viele andere Freunde hat Er ja wahrlich nicht.
Daher hast du zwar formal Recht, aber es ist sehr unrealistisch. Höchstens wenn China die USA-Außenpolitik mit Rat (UNO )und Tat (Truppen) unterstützen würde, müsste man sich Gedanken machen. Und das passiert nie!

[MFC500]

Antwort auf Beitrag Nr.: 39.668.380 von heinzundsanja am 11.06.10 11:36:50

Daher hast du zwar formal Recht, aber es ist sehr unrealistisch.

Das muß jeder für sich selbst beurteilen bzw gewichten. Ich traue mir keine Einschätzung hinsichtlich der Frage, wie realistisch dies oder das ist, zu, da Chavez m.E. unberechenbar ist. Mir ging es auch nur darum, einen ggf falschen Eindruck ("China Railway ist eingestiegen") klarzustellen.

[receiver88]

Antwort auf Beitrag Nr.: 39.668.380 von heinzundsanja am 11.06.10 11:36:50

Hmm, kaum bin ich ein paar Tage unterwegs und dann genau steigen die ein die hier eine schnellen Rubel machen wollen. Nun, ich bin mir nicht ganz sicher ob das hier die richtige Stelle für ein Kurzzeitinvestment ist. Sei´s drum, bin schon froh, dass ich nun nicht mehr mit mir selber reden muss.

For Immediate Release
June 7, 2010

Crystallex forms strategic partnership with the resource subsidiary of China Railway Engineering Corporation, the world’s largest construction and engineering company, for the development of Las Cristinas

TORONTO, ONTARIO, June 7, 2010 – Crystallex International Corporation (TSX: KRY) (NYSE-Amex: KRY) announced today that it has signed a binding agreement (the “Agreement”) with China Railway Resources Group Co. Ltd. (“CRRC”) to create a strategic partnership for the development of the Las Cristinas gold project in Bolivar State, Venezuela (“Las Cristinas”). China Railway Engineering Corporation (“CREC”) is the world’s largest contracting and engineering company and one of the world’s 150 largest companies. It is one of China’s largest state-owned companies with the majority of its shares held by the People’s Republic of China.

CRRC and Crystallex have met with the Government of Venezuela to apprise them of this strategic partnership and are very pleased by the Government of Venezuela’s expression of support. Both Crystallex and CRRC are working closely with Venezuelan officials to obtain the approvals and permits required to bring Las Cristinas into production. The advancement of Las Cristinas will benefit all stakeholders and especially the people of Venezuela, particularly in Bolivar State.

Under the terms of the Agreement, CRRC is leading the efforts of the strategic partnership to unblock the stalled environmental permitting process for Las Cristinas and will provide the necessary project capital to develop the project to commercial production at an optimized mining rate.

Upon completion of the transactions contemplated by the Agreement, Crystallex will hold a one-third fully carried interest in the Las Cristinas Joint Venture and CRRC will have a two-thirds interest. Crystallex will contribute the Las Cristinas Mine Operating Contract, Feasibility Study, all design and engineering already completed by Crystallex and other project assets. CRRC will provide the necessary construction and operating capital to fund project development, optimized expansion and operation and will be responsible for construction of the project. Crystallex will pay for its one-third carried interest of the capital costs provided by CRRC from its share of future cash flows from the project. In addition, CRRC will assist Crystallex to retire the outstanding noteholders’ obligations; will provide a construction guarantee; and has agreed to make an equity investment in Crystallex following closing of the transactions, at a share price based on the then prevailing market price of the common shares of Crystallex.

CRRC had previously advanced Crystallex US$2.5 million during the negotiation of this Agreement. Subject to requisite regulatory and shareholder approvals, this US$2.5 million advance is convertible into common shares of Crystallex at a price of Cdn$0.40 per share. CRRC shall also have a onetime option to convert a portion of funds advanced to Crystallex to satisfy its obligation to the noteholders into common shares of Crystallex at a price of Cdn$0.40 per share for a period of five years from the date of funding, provided that CRRC and its affiliates shall beneficially own not more than 19.9% of the outstanding common shares of Crystallex after giving effect to such conversion. CRRC shall have the right to maintain its pro rata equity interest in Crystallex to a maximum of 19.9% of the outstanding shares.

The closing of the transactions contemplated by the Agreement is subject to the applicable regulatory, government and shareholder approvals, satisfaction or waiver of all conditions contained in the Agreement and the execution and delivery of all closing documents including final definitive agreements which are being prepared and are expected to be completed before July 30, 2010. A meeting of Crystallex’s shareholders to approve the transactions is expected to be held in August, 2010 with closing expected in the third quarter of 2010. A copy of the Agreement will be filed on www.sedar.com within 24 hours of this release.

Crystallex’s financial advisors are Macquarie Capital Markets Canada Ltd., GMP Securities L.P. and Kingsway International Holdings Limited and its legal advisors are Cassels Brock & Blackwell LLP.

About CREC

CREC runs a spectrum of businesses covering surveying and designing, construction and installation, manufacturing, R&D, technical consulting, capital management as well as international economic and trade activities. CREC is the largest civil construction enterprise in the world, and the largest Asian and Chinese railway, road and tunnel construction contractor. It has a leading position in China's construction market, and participates in many large-scale infrastructure projects overseas (especially in countries in Southeast Asia and Africa).

CREC is currently constructing a US$7.5 billion railway project in Venezuela linking southwestern Cojedes State and the eastern Anzoategui State.

CRRC is the wholly owned resource subsidiary of CREC with mining projects in Africa, Australia, Central Asia, Ecuador and Panama.

[RobertS.Cutty]

Antwort auf Beitrag Nr.: 39.668.380 von heinzundsanja am 11.06.10 11:36:50

Ich sehe es auch wie heinzundanja. Formelles Geplänkel (ist immer so)

TORONTO, ONTARIO, June 7, 2010 – Crystallex International Corporation (TSX: KRY) (NYSE-Amex: KRY) announced today that it has signed a binding agreement (the “Agreement”) with China Railway Resources Group Co. Ltd. (“CRRC”) to create a strategic partnership for the development of the Las Cristinas gold project in Bolivar State, Venezuela (“Las Cristinas”).

China Railway Engineering Corporation (“CREC”) is the world’s largest contracting and engineering company and one of the world’s 150 largest companies. It is one of China’s largest state-owned companies with the majority of its shares held by the People’s Republic of China. ==> die wissen, was sie tun und werden nicht morgen wieder abspringen!!

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.669.117 von receiver88 am 11.06.10 13:20:25

Mit Kurzzeitinvestment ist das hier wirklich so eine Sache.
Wenn alles klappt,(in Kürze werden wir das schon wissen), unterschrieben und von Hugo bestätigt wird + Permit, dann muss das ein Überflieger werden.
Und es sieht nicht so ganz schlecht aus. Chance/Risiko-Verhältnis bei dem jetzigen Kurs ist meiner Meinung nach bestens.

[fisch29]

Antwort auf Beitrag Nr.: 39.669.993 von heinzundsanja am 11.06.10 15:24:24

Der Chavez kann es sich ja nicht mit der ganzen Welt verscherzen.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.670.064 von fisch29 am 11.06.10 15:32:16

DAS ist ein entscheidender Punkt.
Wenn eine amerikanische/ afrikanische/ sonstige asiatische Firma 2/3 gekauft hätte, hätte ich keinen Cent investiert. Vielleicht noch nicht einmal unbedingt bei Russen.
Aber bei dieser chinesischen Riesencompany, die ja dem Volk Chinas gehört, sehe ich nur grüne Ampeln.
Für alle Investierten verweise ich aber auf


http://agoracom.com/ir/Crystallex


Besser geht es nicht!

[receiver88]

Antwort auf Beitrag Nr.: 39.670.156 von heinzundsanja am 11.06.10 15:42:43

Crystallex International Corp.: 35 Mio. CAD "Bought Deal"-Finanzierung

Crystallex International Corp. Wie das Unternehmen gestern bekannt gab, wurde mit einem Syndikat von Vermitterlern (darunter GMP Securities L.P.), geleitet von Macquarie Capital Markets Canada Ltd., ein Vertrag geschlossen. Gemäß des Vertrags erwirbt das Syndikat auf einer "Bought-Deal”-Basis 70.000.000 Einheiten für 0,50 CAD pro Stück. Jede Einheit besteht aus einer Stammaktie und einem halben Kaufwarrant für eine Stammaktie des Unternehmens. Ein Kaufwarrant berechtigt, über einen Zeitraum von einem Jahr ab Ausstellung, zum Kauf einer Stammaktie für 0,70 CAD. Der Brutto-Erlös der Finanzierung beläuft sich auf 35.000.000 CAD.

Das Unternehmen räumt den Vermittlern weiterhin eine Mehrzuteilungsoption über weitere Einheiten, Stammaktien und Warrants in Höhe von 15% der in Zusammenhang mit dem Angebot verkauften Einheiten ein. Die Option ist bis zu 30 Tagen nach Abschluss des Angebots vollständig oder zum Teil ausübbar. Wird die Option vollständig ausgeübt, so beläuft sich der Brutto-Erlös auf 40.250.000 CAD.

Der Netto-Erlös des Angebots soll für mit dem Las Cristinas-Projekt zusammenhängende Ausgaben, die Bedienung von Schulden und allgemeine Unternehmensbelange verwendet werden


© Redaktion MinenPortal.de

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.669.117 von receiver88 am 11.06.10 13:20:25

SOweit ich die Nachricht verstehe, finde ich diesen Absatz besonders interessant und diskussionswürdig:

Upon completion of the transactions contemplated by the Agreement, Crystallex will hold a one-third fully carried interest in the Las Cristinas Joint Venture and CRRC will have a two-thirds interest. Crystallex will contribute the Las Cristinas Mine Operating Contract, Feasibility Study, all design and engineering already completed by Crystallex and other project assets. CRRC will provide the necessary construction and operating capital to fund project development, optimized expansion and operation and will be responsible for construction of the project. Crystallex will pay for its one-third carried interest of the capital costs provided by CRRC from its share of future cash flows from the project. In addition, CRRC will assist Crystallex to retire the outstanding noteholders’ obligations; will provide a construction guarantee; and has agreed to make an equity investment in Crystallex following closing of the transactions, at a share price based on the then prevailing market price of the common shares of Crystallex.

SOweit ich das verstehe, bleibt ein Drittel für Crystallex, während zwei drittel von Las Cristinas an CRRC gehen. CRRC finanziert dafür das Projekt bis zur Produktion... oder sehe ich das falsch?

SSSM

[MFC500]

Antwort auf Beitrag Nr.: 39.700.713 von SommerSonneSandMeer am 17.06.10 19:32:42

oder sehe ich das falsch?

ja und nein.

Zwar wird CRRC die Capex bereitstellen, aber Crystallex muß ihren Anteil (1/3) nachträglich aus ihrem CF-Anteil bezahlen: Crystallex will pay for its one-third carried interest of the capital costs provided by CRRC from its share of future cash flows from the project.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.701.019 von MFC500 am 17.06.10 20:10:21

Geplante Fördermenge sind 250.000 Unzen pro Jahr zu ca. 300 USD/ Unze, macht aktuell mind. 800 USD / Unze als Marge.

das macht Einnahmen von ca. 200 Mio USD/ Jahr, wenn davon ein Drittel an Crystallex gehen, dann sind dies immerhin noch 66 Mio.

Damit lässt es sich bei dem aktuellen Kurs Leben, auch wenn man in den ersten ein bis zwei Jahren noch Schulden tilgen müsste, würde dies langfristig ein sehr interessantes Geschäft.

Immerhin sind 17 Mio Unzen "proven" oder "probable" Reserves...

DAmit hätte das "Las Cristinas" Projekt eine Laufzeit von ca. 40 Jahren....


SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.701.955 von SommerSonneSandMeer am 17.06.10 23:06:37

Der Kurs dürfte bis zu den nächsten Steps ziemlich manifestiert sein, +/- evt. 1-3 Cent.

Gefunden im schon genannten board :

Step 1
30 Juni PP
Step 2
31 Juli A&F agreements (CRRC;KRY BOD approval)
Step 3
31 August shareholder approval
Step 4
30 Sept. Closing

Zu jedem step wird es einen schönen Schub geben. In diesen werden viele aber auch wieder rein verkaufen. Ich persönlich denke aber, das nach Schritt 1+2 der Drops geluscht ist und wir uns verdoppelt haben könnten.

[receiver88]

Antwort auf Beitrag Nr.: 39.703.332 von heinzundsanja am 18.06.10 10:25:52

Nöö, verdoppeln is nich. Für die lange Warterei muss mehr drin sein.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.706.623 von receiver88 am 18.06.10 18:56:40

Klingt alles Bestens bisher.
Das hier noch viel mehr drin ist, wenn das permit bzw. Step 4 abgehakt ist, kann man sich leicht ausrechnen. Auch mit Venezuela-Abschlag und noch weiteren Minusfaktoren steht DANN irgendwas um 2 CAN zu Buche.
Aber der Startschuss kommt eben erst ab step 1/2....
Wir dürften nun nur den Boden haben, bis zu den steps...

Hugo/venezuela/man weiß nie/Kry-Enttaeuschungen der vergangenheit auf/die boerse ist noch uneins/ aufder einen Seite -
China-Hoffnung/VZ braucht China/Beste kry-chance seit Jahren/exakter Plan/echte Chance auf eine Superrendite auf der anderen Seite.

Ich denke fuer mich, eine echte Chance die es aufgrund der genannten Fakten nicht so oft gibt. Aber wie gesagt, ab step 1/2 rockt das Baby!

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.664.305 von RobertS.Cutty am 10.06.10 17:42:46

Wer bei EUR 0,36 nun seine Spielgeld Stücke mit erheblichem Minus schmeißt, hat in meinen Augen keine Eier in der Hose! "KRY" steht erst am Anfang seiner neuen Geschichte...wer da keine Geduld hat und sich gegen fundamentale Tatsachen entscheidet, sollte sich lieber nen Lolly kaufen!

Geduld ist bei solchen Venezuela Dummpush Aktien wohl abolut das falsche. Auch ich hab hier ins fallende Messer
gegriffen aber konsequent mit 7% Verlust verkauft. Bei RSR Aktien kannst du jahrelang Deine Verluste aussitzen...
ohne mich

viele RSR Lemminge sind jetzt schon wieder 40-50% im Minus und werden ihren Einsatz jahrelang
nicht wiedersehen. Die Umsätze gehen auch langsam wieder Richtung NULL und bald ist die Aktie umsatzmässig tot.

Für alle Venezuela Dummpush Drecks Aktien gilt. Nur kurz zocken, denn der verrückte Chavez kann
täglich seine Meinung ändern.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.707.045 von Frickhasserin am 18.06.10 20:26:04

Du hast in vielen Punkten Recht. Aber fuer grundsaetzliche Deutungen reicht das nicht unbedingt.
Zum Empfehlungszeitpunkt sollte man allerdings wirklich nicht kaufen. Ich habe seinerzeit den Verlauf beobachtet, auch Deine Statements, und habe trotzdem gekauft. Aber erst nachdem ich mir der auch von Dir genannten Risiken bewusst geworden war. Mein Ek-Kurs ist rund 0,50 $. Der Umsatz wird bis zu den Entscheidungen stagnieren und der Kurs um 0,45 $,aber bei der grossen Aktienanzahl schmeißt aber auch keiner. Alles wartet !

Chance/Risiko Verhaeltnis ist hier m.M. nach top.

[brezlbua]

Antwort auf Beitrag Nr.: 39.707.045 von Frickhasserin am 18.06.10 20:26:04

Die Aktie ist umsatzmäßig tot?

In der vergangenen Woche wurden allein in Kanada 7,2 Millionen Aktien umgesetzt. In der Woche davor waren es gut 60 Millionen Aktien. Das sind fast 40 Prozent vom Freefloat.

Umsatzmäßig tot sieht anders aus

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.707.045 von Frickhasserin am 18.06.10 20:26:04

Ich bin auch kein Freund von RSR oder Frick, aber mit dem Gesetz der großen Zahl landen die auch den einen oder anderen "Zufallstreffer".

DIe Risiken und Chancen bei Crystallex sind beschrieben, natürlich wird nicht morgen die Produktion aufgenommen und dann mit GOldbarren um sich geworfen, aber wenn man sich mit der Regierung Chavez einigen kann, dann ist das hier ein echtes "Goldstück".

SSSM

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.716.183 von SommerSonneSandMeer am 21.06.10 20:22:14

wenn 90% der Empfehlungen solcher Pusherblättchen im 90-100% Totalverlust enden, dann sollte man generell
die Finger von ALLEN Dummpush-Aktien lassen.

Fakt ist. Die Lemminge wurden hier zu 75-82 CAD-Cent, in Frankfurt sogar bis 0,80 Euro reingejagt und seitdem ist die Aktie im freien Fall.

Selbst gestern bei Goldbugs +3,5%, implodiert der Dreck weiter mit -10%
Am montag könnten wir hier schon Kurse unter 0,30 Euro sehen.

Solange die Aktie wie ein Stein fällt, ist das ein strong sell,
eher ein lukrativer Short

So wie es aussieht, testet die Aktie nochmal die Tiefststände vom Februar um die 0,15 Euro. Vorher würde ich keinesfalls einsteigen.

[Frickhasserin]

wir stehen bei 32,6 cent
toll was die Raketenpusher da wieder ausgegraben haben.

Goldpreis auf ATH, KRY -60% in wenigen Tagen

[fisch29]

Antwort auf Beitrag Nr.: 39.744.766 von Frickhasserin am 28.06.10 11:18:59

Die haben halt richtig Ahnung, die Helden. Was schreiben sie denn jetzt, verbilligen?
Sollte dann ja jetzt schon ein 1000%-Protzenter sein!

[fisch29]

Antwort auf Beitrag Nr.: 39.748.122 von fisch29 am 28.06.10 21:28:04

Scheiß Alkohol, "Prozenter" meinte ich!
Also ich bin froh, wenn ich hier 20-30% mache innerhalb 6 Monate, dann kommt das Ding weg, der Markt sieht hier kein Potential, sonst würde der Kurs nicht 20% unter dem Bought Deal liegen!

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.748.122 von fisch29 am 28.06.10 21:28:04

na zum verbilligen sind wohl erst die Fast Totalverluste Ovoca, Rochester, Aquila, Advanced, Cuervo und noch ein paar dutzende andere dran die mir
gerade nicht einfallen

[Frickhasserin]

was sagen die Raketenexperten?
Verluste bei 31 Cent begrenzen, oder 10 mal nachkaufen bis 0,01 Euro?

oder 100% Chance bei Kursen um 0,30 Euro?

Dumm nur wenn man zu 600-80 Euro Cent gekauft hat

[MFC500]

30.06.10

Crystallex announced today that it has completed its previously announced financing of 70,000,000 units (the "Units") at C$0.50 per Unit (the "Offering Price") for gross proceeds of C$35,000,000. Each Unit consists of one common share (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant") of the Company. Each Warrant entitles the holder to acquire one Common Share at a price of C$0.70 until June 30, 2011. The Units were sold on a bought deal basis by a syndicate of underwriters (the "Underwriters").

The Company has granted the Underwriters an over-allotment option to purchase up to an additional 10,500,000 Units and/or up to an additional 5,250,000 Warrants, exercisable at any time prior to the date that is 30 days following the closing of the offering. If this option is exercised in full, the gross proceeds to Crystallex would increase to C$40,250,000.

Crystallex intends to use the net proceeds from the offering for Las Cristinas project related expenses, debt service and for general working capital purposes.
http://finance.yahoo.com/news/Crystallex-Closes-Previously-i…

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.757.968 von MFC500 am 30.06.10 15:34:12

Das war step 1.
Step 2 folgt mit dem 31.07. (A&F agreements CRRC, Crystallex BOD approval).

DANN schauen wir weiter.

[brezlbua]

Antwort auf Beitrag Nr.: 39.755.583 von Frickhasserin am 30.06.10 09:47:22

Du scheinst Dich ja gut auszukennen mit den Aktien der Raketenexperten.

Crystallex besitzt 22 Millionen Unzen Gold. Es ist eines der größten Goldvorkommen auf dem amerikanischen Kontinent. Nur Newmont Mining, Barrick Gold und Goldcorp besitzen größere Vorkommen.

Selbst wenn nach dem Deal mit den Chinesen nur noch ein Drittel bei Crystallex verbleibt, ist das Börsengewicht ein Witz: Die Goldreserven der Konkurrenten werden acht bis neunmal so hoch bewertet. Ein werthaltiges Investment würde ich sagen - kein Zockerpapier, wie die von Dir genannten.

Auf gute Geschäfte

b

[ooy]

Antwort auf Beitrag Nr.: 39.763.744 von brezlbua am 01.07.10 14:44:45

Danke, daher sind das momentan klare Kaufkurse...

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.763.744 von brezlbua am 01.07.10 14:44:45

na klar, muss doch bei guten Shorts auf dem Laufenden bleiben

der Chart sieht sowas von Sch....aus, das ich mal gepflegt davon ausgehe das der
Kurs seine Tiefs voM Februar um die 0,15 Euro nochmal testen wird

[Frickhasserin]

so die 30 Cent sind gleich durch in FFM

[ooy]

Antwort auf Beitrag Nr.: 39.764.722 von Frickhasserin am 01.07.10 16:54:39

0,27 war natuerlich lecker...

[Frickhasserin]

Antwort auf Beitrag Nr.: 39.765.808 von ooy am 01.07.10 19:27:55

die Aktie ist so desaströs, das ich vorsichtig bleibe und erst deutlich unter 0,20 Euro eine erste Posi aufbaue

[ooy]

Antwort auf Beitrag Nr.: 39.767.256 von Frickhasserin am 02.07.10 07:30:51

Da sehe ich den Wert keinesfalls, sehe bei 0,30 eine klare Unterbewertung und Chance auf Vervielfachung...

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.767.256 von Frickhasserin am 02.07.10 07:30:51

Jetzt kommt der nächste step am 31.07.
Desaströs ist das falsche Wort aktuell, manipuliert von den grossen Jungs ist eher angebracht.
Aktuell wird der Kurs nur von wenigen nervösen Zockern bestimmt. Die Range um 0,40-0,38 $ dürfte auch halten. Alles wartet nun auf weitere news zu den steps 2-4 zum 31.07., 31.08. und 30.09.10.
Grosses Risiko (viele Versprechen wurden auch in der Vergangenheit nicht gehalten) trifft grosses kurzfristiges Potential (nie stand es in den letzten Jahren nach dem out in VZ besser). Die verschiedenen Board-Schätzungen nach den nun folgenden positiven/negativen Entwicklungen, gehen von 0,20-0,25 $ bis weit über 2,50 $. Jeder kann und muss für sich entscheiden, was man hier einsetzt.

Ich für meinen Teil bin dabei.

[receiver88]

Antwort auf Beitrag Nr.: 39.767.879 von heinzundsanja am 02.07.10 09:42:56

Das ist doch ein Wort.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.767.879 von heinzundsanja am 02.07.10 09:42:56

Wann könnte denn Crystallex bei erfolgreichem Abschluss von Step 2 - 4 in Produktion gehen?

Ich bin nach dem EInstieg der Chinesen optimistisch, dass wir hier trotz Chavez in Produktion gehen dürfen und das Projekt spricht für sich...

SSSM

[heinzundsanja]

Noch einmal als Info:

Unter www.agoracom.com und dann KRY und Diskussion erfährt man so ziemlich alles zum dem Wert.

Wir werden jetzt scheinbar wirklich bis Ende des Monats um diese 0,40 $ herum verweilen.
Aber dann...

[fisch29]

Antwort auf Beitrag Nr.: 39.797.591 von heinzundsanja am 09.07.10 09:26:34

Warum um die 0,4 CAD und nicht um die 0,50 CAD?

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.798.838 von fisch29 am 09.07.10 12:18:23

Charttechnisch liegt dort eine sehr gute Unterstuetzung. Die kann man natürlich wie gestern auch gut als Sprungbrett nehmen.
Kry wird bis Ende des Monats noch sehr spannend. Nach dem 2.Step 31.07. stehen wir nicht nur ganz woanders, auch sieht es dann entsprechend gut mit step 3 plus 4 aus.
Wenn alles klappt, natuerlich. Aber es sieht gut aus.

[fisch29]

Antwort auf Beitrag Nr.: 39.802.447 von heinzundsanja am 10.07.10 07:25:26

Kannst du mir sagen wer der Verkäufer ist, der mit starkem Volumen den Kurs ständig nach unten zieht???:

[ooy]

Antwort auf Beitrag Nr.: 39.820.571 von fisch29 am 14.07.10 16:31:22

...und bei uns faellt das Ding gar nicht richtig

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.820.571 von fisch29 am 14.07.10 16:31:22

Ja, da hat jemand in Toronto fleißig verkauft... ich hoffe kein Anzeichen für schlechte Nachrichten, es wäre doch zu schön, wenn wir mit den Chinesen in Venezuela den WEg vom Explorer zum Produzenten schaffen...

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.820.571 von fisch29 am 14.07.10 16:31:22

Keine Ahnung, evt im Canboard schauen.
Das wird die naechsten Tage mit den Schwankungen so weiter gehen. Amex hält sich gut.
Die Unterstuetzung hält. Hier heißt es wirklich, cool bleiben. 0,20 bis 2,00 $ sind halt drin...

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.821.539 von heinzundsanja am 14.07.10 19:01:26

Nicht rausekeln lassen, die MM werden noch weiter (versuchen) zu schuetteln.
In spätestens 17 Tagen sind die naechsten Wuerfel gefallen, oder eben nicht...
Noch nie in den letzten Jahren nach dem VZ-aus sah es fuer kry besser aus, klar ist natürlich auch, schlimmer ging kaum noch.

Spannend wird es weiter gehen, jeden Tag kommen jetzt weiter basher/Pusher bei agoricom und Yahoo.
Risiko trifft aussergewoehnliche Chance.
Ich bin und bleibe dabei.

[fisch29]

Heute lauter Käufe aus dem Ask, der Kurs bewegt sich aber nicht.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.834.461 von fisch29 am 16.07.10 18:34:06

Alles ein rumgepokere...
Vor dem 31.7. Ist nichts spruchreif, auch wenn die gefühlte Tendenz positiv sein koennte.
Abwarten, Zuschauen und (hoffentlich) Geniessen.

[Broker_Hans]

Wollte eigentlich heute einsteigen aber ich warte noch lieber.Mal frage hier in der Runde kann man den Hugo... vertrauen???

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.841.994 von Broker_Hans am 19.07.10 16:06:38

Normalerweise nicht die Spur. China ist das Zuenglein an der Waage. Die koennen/koennten Druck ausüben, das permit u.s.w. passend folgen. Weiter wird auch wohl noch gewählt in VZ. Einiges spricht aktuell eher fuer ein lohnendes Kurzinvest, als dagegen.
Wenn aber alles bis Ende Sept. klappt, werden wir meiner Meinung nach, eh innerhalb kürzester Zeit aufgekauft.
Ob der Kurs dann fair sein wird, wage ich dann allerdings sehr stark zu bezweifeln...

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.842.089 von heinzundsanja am 19.07.10 16:21:45

Danke

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.842.089 von heinzundsanja am 19.07.10 16:21:45

Bevor nicht alle WEichen in Richtung Produktion gestellt sind (frühstens Ende Spetember) wäre ich hier auch vorsichtig und würde maximal eine erste, kleine hochspekulative Position aufbauen. Mit der Genehmigung wird es dan vermutlich deutlich aufwärts gehen, aber dann bleibt vermutlich immer noch Zeit, um zu fairen Kursen einzusteigen und dann die nächsten 12 Monate zu genießen.

Nur meine persönliche Meinung, keine Kauf- oder Verkaufsempfehlung...

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.843.610 von SommerSonneSandMeer am 19.07.10 20:19:03

Sehe ich eigentlich ähnlich. Bin aber jetzt schon spekulativ gut investiert. Sofern der 31.7. Wie geplant läuft, wird eine stabilisierende Ruhe eintreten, ehe wie angesprochen Ende Sept. Fakten stehen sollten.
Trotzdem denke ich pessimistisch und bin mir sicher, nach dem erhofften up, freiwillig oder genoetigt sicherlich noch in 2010/2011 von den Chinesen oder Hugo aus der Firma/dem JV rausgeschmissen zu werden. Die werden alles fuer sich haben wollen und einen politischen Grund erschaffen. Bis dahin sollte man aber eigentlich dann genug dafür kassieren koennen.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.844.373 von heinzundsanja am 19.07.10 22:18:07

Die Chinesen sind "Meister" von Joint Ventures, von der Seite denke ich nicht, dass wir hier aus dem Projekt gedrängt werden sollen, denen ist vor allem wichtig, sich die Rohstoff-Vorräte zu sichern.

Wie der Herr Chavez tickt, weiß wohl niemand so genau, aber ganz dumm ist er sicher nicht und wenn er es sich mit den USA und China verscherzt, dann isoliert er völlig unnötig sein Land. WEr soll denn das Öl aus Venezuela kaufen? Dieser Staat ist doch auf den Export von Rohöl als Devisenquelle zwingend angewiesen...

Die erste Welle ist abgeebbt und wir sind schon wieder fast auf dem Niveau vor der Verkündung des EInstiegs von China Railroad... auch wenn ich in absoluten Zahlen hier keine Chancen beziffern kann, dürften sich die Chancen doch in den letzten 2 Monaten deutlich verbessert haben... deshalb bin ich positiv gestimmt.

SSSM

[MFC500]

"Rausgeschmissen" (besser: zwangsenteignet) wurde Crystallex doch bereits. Man "darf" 2/3 des Projektes den Chinesen überlassen (sofern der Deal zustande kommt) - ohne Gegenleistung! Natürlich ist 1/3 besser als nichts; das ändert aber nichts am Tatbestand der Enteignung. Gleichwohl ist nicht auszuschließen, ob Hugo nicht noch andere Pläne hat. Der Mann ist schließlich, das lehrt die jahrelange Erfahrung, ziemlich unberechenbar.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.845.149 von MFC500 am 20.07.10 07:34:51

Die Frage ist schlicht und ergreifend, was ist 1/3 wert?
M.M.n. jedenfalls seeehr deutlich mehr als aktuell!

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.846.971 von heinzundsanja am 20.07.10 12:01:15

Ich habe mir auf der Crystallex mal die alte Feasibility Study (110Seiten) von 2005 angeschaut, da wurde mit einem Goldpreis von 350 USD/Unze gerechnet und da war das Projekt schon profitabel. Jetzt steht der Goldpreis 800 USD höher, was die Rentabilität des Projektes sicherlich noch sehr deutlich verbessert. Selbst ein Drittel bei den jetzigen GOldpreisen ist besser als das volle Projekt zu 350 USD/Unze...

Daher fehlöt nur noch die entscheidende Genehmigung. Leider hat Chavez heute mal wieder für negative Schlagzeilen gesorgt und sich mit dem Nachbarn Kolumbien angelegt...

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.864.762 von SommerSonneSandMeer am 22.07.10 22:45:21

Das macht er doch schon länger, er fühlt sich vlt. auch dank China in diesem Wahljahr stark.
Politik eben ...

Bis zum naechsten WE wird es nun spannend. Dann ist der naechste step durch.

[Broker_Hans]

Das volumen in canada nimmt zu 7 MIO

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.870.475 von Broker_Hans am 23.07.10 22:15:55

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.870.475 von Broker_Hans am 23.07.10 22:15:55

Das Volumen naechste Woche wird sicherlich das heutige noch toppen.
Welcher Investierte schmeißt vor dem WE?
Ich bleibe dabei, das Ding kann/wird durch die Decke gehen!

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.870.491 von heinzundsanja am 23.07.10 22:21:37

Meinst du wirklich 6 Mio das ist auch auch schon was oder nicht.Ab Mittwoch bin ich auch dabei

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.870.491 von heinzundsanja am 23.07.10 22:21:37

Was meinst du wo soll man kaufen hier oder Canada

[ooy]

Antwort auf Beitrag Nr.: 39.870.698 von Broker_Hans am 23.07.10 23:56:47

Wenn du in Kanada kannst, besser. Eindeutig besserer Spread und gutes Volumen.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.870.698 von Broker_Hans am 23.07.10 23:56:47

Can wäre schon aus Devisengruenden das Beste, bin aber ueber U.S. Drin. Mein Broker DAB kann US bis 22.00 Uhr handeln, Can nur bis ca. 17.30...... Das nimmt einen die Beweglichkeit.
Umsatz ist aber bei beiden O.K., in Can waren das gestern nur 2 große Crosstrades.

In einer Woche wissen wir mehr. Sieht aber nicht schlecht aus...

[heinzundsanja]

Also diese Woche ist daily wahrscheinlich von 0,38 bis vielleicht 0,60 US $ alles drin...

[fisch29]

Antwort auf Beitrag Nr.: 39.877.764 von heinzundsanja am 26.07.10 17:38:10

Die 0,50 CAD sollten fallen, mir gefallen die großen blauen Blöcke aus dem Ask.
Ich hoffe mal das ist ein gutes Zeichen!

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.877.764 von heinzundsanja am 26.07.10 17:38:10

Ja, diese WOche sind 0,60 CAD drin, wenn Step 2 erfolgreich abgeschlossen wird (sollte ja bis Ende Juli passieren)

Ich hoffe, dass Chavez dann mitspielt und dann...

Up, up in the Sky...

SSSM

[fisch29]

Ziemlich trostlos zur Zeit, hatte mir da mehr erwartet. Umsätze total mau! Wo bleibt die Phantasie?

[heinzundsanja]

Zum Wochenanfang sollte/muss step 2 folgen...
Das aber keine Verkaeufe Freitag und heute stattfinden, beruhigt. Eine ganze Menge Leute wartet und hofft.

Spannender Tag, mal schauen wann der tradingstopp kommt.

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.913.487 von heinzundsanja am 02.08.10 16:00:35

2010 Stock Market Holidays - Stock Markets Closed

•New Year's Day - January 1, 2010
•Family Day - February 15, 2010
•Good Friday - April 2, 2010
•Victoria Day - May 24, 2010
•Canada Day - July 1, 2010
•Civic Day - August 2, 2010
•Labour Day - September 6, 2010
•Thanksgiving Day - October 11, 2010
•Christmas Day - December 27, 2010 (in lieu of December 25)
•Boxing Day - December 28, 2010 (in lieu of December 26)

heute ist feier Tag müßtest du eigentlich wissen

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.914.383 von Broker_Hans am 02.08.10 17:46:35

Hallo?

Klar war das bekannt. Ich bin nur davon ausgegangen, das vor D und USA-Handel eine Veroeffentlichung kommt.
Morgen in Can gehe ich dann aber wirklich von einer Press Release aus.

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.914.931 von heinzundsanja am 02.08.10 19:02:37

Müßte ja mogen früh auf Hompage auch sein oder

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.914.931 von heinzundsanja am 02.08.10 19:02:37

das war aber jetzt nicht bös gemeint

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.915.045 von Broker_Hans am 02.08.10 19:23:24

Eher morgen 15.30 Uhr unserer Zeit...

Auf jeden Fall wird es spannend.

[fisch29]

Antwort auf Beitrag Nr.: 39.915.074 von heinzundsanja am 02.08.10 19:28:40

Hoffentlich tritt es so ein wie von uns erwartet, ich will kein Blutbad, im Gegenteil.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.915.107 von fisch29 am 02.08.10 19:34:08

Es gab da einmal eine Aktie die ich echt lange gehalten habe, da wusste man immer Tage vor News, aufgrund eines hohen Volumens, das es ein up oder down gibt. Sollen die Putzfrauen gewesen sein...
Aber hier was scheinbar wirklich keiner etwas vorab und keiner will bei den Chancen schmeißen.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.915.183 von heinzundsanja am 02.08.10 19:47:13

Müsste / Sollte es nicht einen "Trading Halt" geben, wenn CRY derart wichtiges zu verkünden hat? Ich wäre also nicht überrascht, wenn es heute im Laufe des Tages zu einer AUssetzung des Handels käme und man dann etwas Positives berichten würde.

Nur mit den Chinesen als Partner besteht wohl Hoffnung darauf, die notwendigen Lizenzen in Venezuela zu bekommen...

SSSM

[Broker_Hans]

Schade noch keine NEWS

[heinzundsanja]

Kein Stopp, keine Info und keiner schmeißt!
Hammervertrauen in Can und USA, lt. der inoffiziellen KRY PR-Abt. Agoracom wird unter Hochdruck gearbeitet, die Deadline verzögert sich. Da alle halten und warten, wird das Vertrauen hoffentlich gerechtfertigt.

Wird eine spannende Sache diese Woche...!

[fisch29]

Antwort auf Beitrag Nr.: 39.920.906 von heinzundsanja am 03.08.10 16:48:10

Unschön, wie lange soll sich das verzögern? Außerdem, steigen nennt man das aber auch nicht was die Aktie gerade macht. Natürlich ist aber noch nichts durchgesickert, sonst hätten wir hier ein anderes Volumen.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.920.906 von heinzundsanja am 03.08.10 16:48:10

Was ist das für eine inofizielle PR Abteilung und welche Infos bekommt man dirket von Crystallex ([e-mail]), falls man dort nachfragt.

Ich habe bislang noch keinen Direktkontakt mit diesem Unternehmen aufgebaut, könnte aber spannend werden, wenn der nächste Schritt erfolgreich absolviert ist.

SSSM

[Broker_Hans]

Die lassen sich aber schön zeit

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.934.893 von Broker_Hans am 05.08.10 14:38:14

Allerdings...


Aber da nicht nur wir warten und der Kurs stabil bleibt, rechnet/hofft ein jeder mit/auf
positiven news. Entweder PR über Verlängerung (nicht so gut) oder Abschluss (sehr gut), bitte aber nicht über das Scheitern.

We are still in hope

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.935.037 von heinzundsanja am 05.08.10 14:51:47

Dachte wär fast schon alles in trocknen tüchern

[heinzundsanja]

Was soll ich Dir dazu sagen...
Anlegen (mit Chinesen) bei Hugo ist halt spannend.
Es gibt hier einen sehr großen Hebel bei einem positiven Ausgang, so lange aber noch nichts definitiv ist, bleibt es unruhig.

Trotzdem bin ich optimistisch.

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.935.816 von heinzundsanja am 05.08.10 16:11:24

Das wird sich Hugo nicht erlauben bei den Chinesen glaub mir. Wenn alles klar ist dann können sie doch gleich wieder fördern oder nicht.

[fisch29]

Antwort auf Beitrag Nr.: 39.935.816 von heinzundsanja am 05.08.10 16:11:24

Ich werd auch langsam unruhig, mir dauert das zu lang!

[SommerSonneSandMeer]

Tja, der Wert hier ist sicherlich nichts für schwache Nerven oder Sparbuch-Sparer

Aber zumindest geben Chavez und die Chinesen vor ein ähnliches Parteibuch zu haben, insofern könnte es klappen. Außerdem ist es gut, einen starken Handelspartner zu haben. Und vielleicht ist es sogar clever, hier nicht auf die USA und die freie Marktwirtschaft eines hochverschuldeten Landes zu setzen sondern sich mit der nächsten Weltmacht anzufreunden. WEr weiß ?

SSSM

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.937.409 von SommerSonneSandMeer am 05.08.10 19:46:17

bist du schon eingestiegen ich warte noch man weiß ja nie

[fisch29]

Antwort auf Beitrag Nr.: 39.937.486 von Broker_Hans am 05.08.10 20:00:15

Auf was wartest du denn? Wenn die News kommt und positiv ist musst du min 30% höher einsteigen, ist sie negativ brauchst du hier auch nicht rein.

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.937.555 von fisch29 am 05.08.10 20:10:06

das ist mir klar

[Broker_Hans]

Könnte ja heute die nachrichten kommen was meint ihr

[daniel21]

Antwort auf Beitrag Nr.: 39.940.852 von Broker_Hans am 06.08.10 11:58:55

Na Hans, schon drinnen ?

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.940.969 von daniel21 am 06.08.10 12:14:33

ja heute war gerade draußen .Bist du schon reingegangen???

[heinzundsanja]

Earnings stehen auch an, wäre heute eine gute Gelegenheit...

[daniel21]

Noch nicht, beobachte das ganze noch

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.941.375 von daniel21 am 06.08.10 13:14:50

ok

[heinzundsanja]

Man muss realistisch sein, wenn der Deal kippt, können wir bei 0,30 US-Cent landen.
Bei einer Verlängerung stagnieren wir zwischen 0,38 - 0,42 US-Cent und
bei einem positiven Abschluss der Vereinbarung sind kurzfristig vielleicht sogar 0,60 US-Cent drin. Bei dieser Variante wäre aber mit Permit u.s.w. bis Ende 2010 noch wesentlich mehr drin...

Trotzdem gilt aber immer noch, keine news heißt -Sie arbeiten noch weiter an dem Abschluss- und ist besser als eine Absage PR...

[receiver88]

Antwort auf Beitrag Nr.: 39.942.006 von heinzundsanja am 06.08.10 14:40:05

Wenn Ihr Meldungen aus erster Hand wollt, tragt euch in den Mailverteiler ein bei Andrea M.Boltz unter [e-mail]

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.942.267 von receiver88 am 06.08.10 15:07:47

Längst passiert...

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.942.006 von heinzundsanja am 06.08.10 14:40:05

Wenn der Deal kippt, dann sehe ich 0,03 USD, dann ist Crystallex mit seinen hohen Verbindlichkeiten früher oder später am Ende, also das brauchen wir nciht schön zu reden.

Bei positivem, Abschluss gehört CRY immerhin 1/3 des Projektes, was bei aktuellen Goldpreisen durchaus in die Richtung 2 USD gehen kann.

Gerade deshalb ist CRY ein hochspekulatives Investment, und ich kann mir vorstellen, dass es keine schlechte Entscheidung ist, erstmal an der SEitenlinie zu warten, was passiert. Selbst wenn man dann die ersten 30-50% up verpasst, kann man dann relativ entspannt am weiteren Aufschwung teilhaben. Geht's abwärts, hat man keinen Schaden.

ICh persönlich habe eine kleine erste Position aufgebaut, die im Falle einer positiven Entscheidung deutlich aufgestockt wird. (Keine Kauf oder Verkaufsempfehlung, nur meine persönliche Einschätzung)

SSSM

[daniel21]

Antwort auf Beitrag Nr.: 39.943.589 von SommerSonneSandMeer am 06.08.10 17:41:10

Danke für ihre Einschätzung junge Frau
Nettes Bildchen

[Broker_Hans]

Sehr still hier alle schon weg???

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.950.469 von Broker_Hans am 09.08.10 11:13:19

Diese Woche kommt etwas, von 0,30 bis 0,60 Cent ist drin.

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.950.852 von heinzundsanja am 09.08.10 12:17:33

nur ruhig blut

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.950.852 von heinzundsanja am 09.08.10 12:17:33

Aber verkauft auch keiner in canada

[Broker_Hans]

der countdown läuft !

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.950.989 von Broker_Hans am 09.08.10 12:37:01

Faustformel bleibt z.Zt. Auf jeden Fall

Lieber keine News und ein weiter Verhandeln als eine schlechte Nachricht wie z.b. Das Scheitern...

Von daher, cool bleiben.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.951.169 von heinzundsanja am 09.08.10 13:02:20

Verhandlungen unter Zeitdruck sind nie gut, selten führt es dazu, dass sie zu einem gewissen Termin abgeschlossen sind. Besser ist es, wenn hier ein für alle Seiten (insb. ür die venezuelanischen Behörden) tragbare Lösung gefunden wird, damit wir von den Chavez-Getreuen die notwendigen Genehmigungen für das Projekt bekommen. Wenn es noch ein paar WOchen dauert, dann dauert es halt...

SSSM

[SommerSonneSandMeer]

Vermutlich nur ein Fehler, denn ich kann keine NEWS finden, aber bei WO werden als BID 0,72 und ASK 0,73 CAD angezeigt, nachdem wir auf 0,395 CAD geschlossen haben.

Wäre schon schön, wenn dies ein kurzes Indiz für die Kurse in den nächsten Tage wäre...

[Broker_Hans]

Die Regierung Venezuelas wurde über die strategische Partnerschaft der beiden Unternehmen informiert und gab ihre Zustimmung. Crystallex und CRRC stehen in enger Zusammenarbeit mit der Regierung, um die nötigen Zulassungen und Genehmigungen zu erhalten

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.962.784 von Broker_Hans am 11.08.10 00:28:30

Dann hoffen wir mal, dass es zu einer finalen Einigung zwischen KRY und CRRC kommt und hier schnellstmöglich die ARbeiten an der Mine aufgenommen werden.

Der GOldpreis scheint sich momentan um die 1200 USD zu stabilisieren, was hier zu sehr lukrativen Margen führt. DAs FEld ist bestellt, nun gilt es auf die ERnte zu warten.

SSSM

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.963.785 von SommerSonneSandMeer am 11.08.10 09:50:10

Deshalb durch die Aussage bin ich eingestiegen

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.963.785 von SommerSonneSandMeer am 11.08.10 09:50:10

Für mich ist die Aktie wie 6 im Lotto wenn alles klar geht

[fisch29]

Antwort auf Beitrag Nr.: 39.964.041 von Broker_Hans am 11.08.10 10:19:48

Sieht eher nach ner Niete aus, jetzt schon fast zwei Wochen drüber und absolut keine News!
Immer das gleiche mit diesen sch... Explorern ... Entschuldigung!
Ich habe heute Frust, mein ganzes Depot rot ... und es scheint an den Märkten so weiterzugehen.

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.968.843 von fisch29 am 11.08.10 19:54:13

Geht mir genauso

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 39.968.843 von fisch29 am 11.08.10 19:54:13

Das Ding hier schien doch schon die ganze Zeit mausetod, erst mit dem Einstieg von CRRC ist der Patient aus dem Koma erwacht. Ob er durchkommen wird, werden wir in den nächsten Wochen sehen, aber die Chancen sind viel besser als noch vor einem halben Jahr...

SSSM

[heinzundsanja]

Cool bleiben.

Eine Absage denke ich, hätte man uns schon mitgeteilt. Ein Nach/Weiterverhandeln kann aber durchaus die Konditionen für KRY verschlechtern, aber vielleicht geht dann dann auch viel schneller mit den weiteren Schritten.

Abwarten.

[heinzundsanja]

Lt. Agaracom/CAN-Board sollen Montag nachmittag earnings kommen, sicherlich auch ein statement/Ergebnis zu den Verhandlungen.

[fisch29]

Antwort auf Beitrag Nr.: 39.975.059 von heinzundsanja am 12.08.10 16:32:43

Ich dachte Morgen Nachmittag, na egal.
Bei Stockhouse gehen auch viele von einem Scheitern aus, meine Erfahrungen bei solchen verzögerten Deals (z. B geplante Forsys-Übernahme durch Forrest) sind auch durchweg negativ. Ich muss hier ganz klar von einem Scheitern ausgehen, die Frist 31.07. ist rum und nichtmal eine News, klassische Explorer-Abzocke, sorry.

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.976.330 von fisch29 am 12.08.10 19:22:42

fisch warum bist du sooo böse an der Börse ist gedult gefragt

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.976.526 von Broker_Hans am 12.08.10 19:55:54

Wobei FSY auch die Fa. mit den Putzfraueninfos war. Kurz vorher konnte man i.d.R. immer an den Riesenumsaetzen sehen, welche News kam.... Das kann man bei KRY definitiv nicht. Man kann auch nicht unbedingt Georg Forrester mit China vergleichen. Auch hat Can ja den Deal untersagt, VZ will ihn (in welcher Form auch immer...)!

Warten wir auf Montag!

[fisch29]

Antwort auf Beitrag Nr.: 39.976.526 von Broker_Hans am 12.08.10 19:55:54

Bin ich den wirklich sooo böse?

[Broker_Hans]

Antwort auf Beitrag Nr.: 39.983.919 von fisch29 am 13.08.10 21:34:29

war nur spass

[heinzundsanja]

Earnings sind raus, siehe agaracom.
Es wird auch weiter verhandelt, Abschluss der Transaktion wird jetzt ins 4.Quartal geschoben.
War zu erwarten, ändert aber nichts am Zu erwartenden guten Ergebnis!

[fisch29]

Antwort auf Beitrag Nr.: 39.984.275 von heinzundsanja am 13.08.10 22:51:05

Lohnt sich da noch ein halten? Kann man ja erst mal raus und dann im Nov/Dez wieder rein. Vorher kommt da eh nichts.

[heinzundsanja]

Antwort auf Beitrag Nr.: 39.986.788 von fisch29 am 15.08.10 13:56:26

Man kann mit den VZ-Wahlen argumentieren, das doch in Kuerze noch etwas kommt.
Ich bleibe drin.Dann kommt der erwartete News-Boost fuer den Kurs eben erst spaeter.

[ooy]

Antwort auf Beitrag Nr.: 39.986.788 von fisch29 am 15.08.10 13:56:26

Da koenntest Du aber zu spaet sein, 4. Quartal kann auch Anfang Oktober sein...

[Broker_Hans]

Denk sollen News kommen

[Broker_Hans]

Keiner mehr hier???

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.012.636 von Broker_Hans am 19.08.10 13:40:34

Ist halt wenig zu schreiben aktuell, alles wartet. Alleine wenn man den Can-Umsatz heute sieht...
Ich bleibe Optimist. Die
Story ist zu gut

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.022.824 von heinzundsanja am 20.08.10 19:51:19

Na, das geht doch schon...
2. antizyklischer Tag!
Das wird schon noch die erwartete Rakete!

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.039.466 von heinzundsanja am 24.08.10 22:22:21

Weiter hoffnungsfrohes Warten...

[SayTheTruth]

Hallo zusammen!!!
Interessiere mich seit einiger Zeit für Crystallex. Überlege mir zur Zeit einen Einstieg...
Wie seht ihr die momentane Situation? Weiss einer von euch, was da in nächsten Wochen/Monaten noch kommen sollte?

Grüsse @all

[heinzundsanja]

Na, wer ist denn noch bei KRY?
Die 40 Cent-range ist aktuell fixiert, aber das wird noch!

[SommerSonneSandMeer]

Venezuela hat gewählt und Chavez hat keine 2/3 Mehrheit mehr...

Wie geht es in diesem Land weiter? WElchen Einfluss hat der Wahlausgang auf die Genehmigungsverfahren bzw. die weitere Projektentwicklung von CRystallex? Geht es hier weiter oder kommen jetzt erstmal wieder alle Aktivitäten zum Stillstand, Chinesischer Partner hin oder her?

Bitte um eure Meinung. Ist der Wahlausgang eher eine Chance oder ein zusätzliches Risiko?

SSSM

[SommerSonneSandMeer]

WIrd das noch etwas mit Crystallex oder gehen hier zum Jahresende oder danach endgültig die Lichter aus? Ich habe große Zweifel, dass Las Cristinas jemals in Produktion geht...

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.236.358 von SommerSonneSandMeer am 29.09.10 23:20:03

Salve.
Dauert länger als geplant. An den Aussichten hat sich aber rein gar nichts verändert. Verzoegerung hin oder her, weiter waren sie nie.
Außer Warten kann man im Moment nichts machen, ich bleibe aber dabei.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.255.966 von heinzundsanja am 03.10.10 17:32:30

Venezuela ist und bleibt Chavez-Land und damit unberechenbar. Ich hoffe, dass das ganze hier zu einem positiven Ende gebracht wird. Ich habe meine kleine Posi gedanklich abgeschrieben, so dass es nur noch zu einer positiven Überraschung kommen kann...

SObald hier alle SIgnale auf "Go" stehen, wird es wohl einen mehrtägigen Aufschwung geben, dann ist immer noch Zeit, sich zu positionieren und einen Großteil der Gewinne mitzunehmen.

Erstaunlicherweise findet man auf der CRY-Homepage schon den Hinweis, dass sie 2011 auf der PDAC in Toronto sind...

http://www.crystallex.com/InvestorInformation/default.aspx

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.261.036 von SommerSonneSandMeer am 04.10.10 18:51:08

Ja, dieser Chavez und sein Land.
Aber auch mit einem Riesenchavez-Abschlag, ist unsere kry einfach Hot!
Hier ist alles drin, vielleicht ein in $ bis 0,15/0,20 bei einem Scheitern, die Range um 0,35/0,40 bei weiteren Verlaengerungen und sicherlich 1-2 $ bei permit und Deal.

Man kann immer nur sagen, nie stand kry besser da in den letzten Jahren, als aktuell.

Warten und Hoffen.

[heinzundsanja]

Na Gott sei Dank sind wir jetzt bei RSR raus. Haben sich uns zuerst noch bis Ende 2010 anschauen wollen, jetzt verkaufen Sie mit Hinweis auf Chavez. War natürlich nicht eher bekannt, das da ein bestimmter Präsi ist...
Nach den rein ergebnisorientierten Erfahrungen der letzten Jahre,
geht es jetzt i.d.R. UP...!

[SommerSonneSandMeer]

DIe Verhandlungen sollten doch im 4. Quartal 2010 abgeschlossen werden. Nun, das 4.Q hat begonnen.

Warten wir mal ab. Es könnte klappen...

[heinzundsanja]

Woche der Entscheidung...!

Chavez hat nur Mist geredet, oder wir gehen in die arbitration....

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.381.076 von heinzundsanja am 24.10.10 19:36:05

WEr sagt, dass diese WOche eine Entscheidung ei CRY ansteht? Gibt es hier irgendetwas Neues? Ich bekomme leider keine Infos

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.386.661 von SommerSonneSandMeer am 25.10.10 19:57:55

Chavez ist von seiner PR-Tour zurueck und in diesen Stunden/Tagen werden die Geruechte bestaetigt oder geklärt.
Aktuell gehen viele von einem buyout aus, daher schmeißt auch tatsächlich keiner in Can oder USA!
Irre Sache, wirklich alles ist hier möglich.

In Guter Hoffnung

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.394.084 von heinzundsanja am 26.10.10 19:13:49

Und was ist mit den Chinesen?

Wer bringt jetzt "Las Cristinas" in Produktion und wie geht es weiter?

Ein positives Zeichen und der Kurs wird gen Norden marschieren, soviel scheint festzustehen.

Hoffen wir das Beste.

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.395.847 von SommerSonneSandMeer am 26.10.10 23:07:52

Es wurde immer noch nicht geklärt, ob/was wirklich Negatives gesagt wurde und wie echt/ populistisch das gemeint war...
Paradoxerweise sorgt das für keine schlechte Stimmung bei den Anlegern, sondern Alle warten voller Hoffnung auf das buyout, endlich eine direkte Stellungnahme zu KRY von Chavez, ein klares Statement von den KRY-Verantwortlichen oder auf etwas aus China (29.10. soll dort ein Meeting des KRY-Partners stattfinden)....

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.405.732 von heinzundsanja am 28.10.10 10:44:24

Was sprint einem Buyout raus? Sehen wir dann den Euro? Ich hoffe, es gibt hier bald eine Entscheidung!

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.413.160 von SommerSonneSandMeer am 29.10.10 08:54:15

Das ist die Gretchenfrage...!

Eine Verdreifachung in Stunden/Tagen habe ich persönlich noch nicht erzielen können, wäre zu schön.
Als Pessimist denke ich da eher an 50 - 70 US-Cent.

Ändert aber nichts, auch weiterhin ist hier wirklich Alles möglich.
Eine aktuelle politische Stellungnahme zum Goldabbaugebiet von Chavez pro -VZ/Russland only- und wir befinden uns bei 20-30 Cent, eine Statement pro VZ/Russland/China oder VZ/Russland +VZ/China oder VZ/China und wir gehen in einer ersten UP-Stufe schon durch die Decke.

50%/50% trifft die Situation recht gut.

[SommerSonneSandMeer]

WOw, es geht mal aufwärts und wir haben die 0,25Euro mal wieder überschritten. Hoffen wir auf ein positives Signal, dass das 8Mrd + Goldprojekt doch irgendwie in Produktion geht...

SSSM

[SommerSonneSandMeer]

WOw, es geht mal aufwärts und wir haben die 0,25Euro mal wieder überschritten. Hoffen wir auf ein positives Signal, dass das 8Mrd + Goldprojekt doch irgendwie in Produktion geht...

SSSM

[heinzundsanja]

WOW, bei dem Goldstand wissen wir immer noch nicht, wohin die Reise geht.... Es verkauft aber keiner in c und US.


Immer noch auf Tagesbasis alles von 0,15 bis 0,70 drin....

[SommerSonneSandMeer]

Bei dem Goldpreis fällt das Warten auf eine Entscheidung doppelt schwer...

Alles, was nicht zu Totalverlust führt, muss zwangsläufig zu einer gewaltigen Kursexplosion führen...

SSSM

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.479.501 von SommerSonneSandMeer am 09.11.10 00:25:54

Wann gibt es denn den nächsten Quartalsbericht, der letzte ist vom 12. AUgust, also wäre mal wieder einer fällig...

Es ist sehr, sehr ruhig. WIrd Zeit, dass mal wieder irgendwelche Nachrichten verkündet werden.

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.505.316 von SommerSonneSandMeer am 11.11.10 19:27:52

Morgen soll etwas kommen. Hoffentlich auch ein Statement zu den Verhandlungen.

[RiscTec]

Antwort auf Beitrag Nr.: 40.506.951 von heinzundsanja am 11.11.10 22:38:14

Woraus schliesst Du das ?

[Broker_Hans]

Antwort auf Beitrag Nr.: 40.506.951 von heinzundsanja am 11.11.10 22:38:14

Das sagst du du schon seit 4 Monaten.Glaube du weißt genau so wenig wie wir auch.

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.516.026 von Broker_Hans am 13.11.10 08:04:25

Wieso, gestern kam doch der Bericht...? War eine Info von agoracom.

Weiter weiß im Moment wirklich keiner. Alles drin. Da es ein erwartetes non-Event war, duerfte sich Mo. Noch nicht einmal am Kurs großartig was tun. Buyout 0,40 bis vielleicht 1,00 $, Deal geht überraschend ueber die Buehne und der kurs geht durch die Decke oder Das letztere bindet das Kapital und das Ende wäre wahrlich offen!
Aktuell kann man nur warten.
Beste Infos gibt es dazu nur auf agaracom. Longies und kaum Pusher oder basher.

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.517.015 von heinzundsanja am 13.11.10 16:05:47

oder arbitration.

[receiver88]

Antwort auf Beitrag Nr.: 40.517.022 von heinzundsanja am 13.11.10 16:08:46

For Immediate Release
November 12, 2010

Crystallex Reports Q3, 2010 Financial Results

TORONTO, ONTARIO, November 12, 2010 – Crystallex International Corporation (TSX: KRY) (NYSE Amex: KRY) today reported its financial results for the quarter ended September 30, 2010. The Company prepares its consolidated financial statements in U.S. dollars and in accordance with Canadian Generally Accepted Accounting Principles. The consolidated financial statements along with management’s discussion and analysis will be available for viewing on the Crystallex International Corporation website at www.crystallex.com. The Documents have been filed with SEDAR (www.sedar.com).

Overview

Crystallex is a Canadian-based company which has been granted the Mine Operating Contract (the “MOC”) to develop and operate the Las Cristinas gold properties (“Las Cristinas Project” or “Las Cristinas”) located in Bolivar State, Venezuela. Its common shares are traded on both the Toronto Stock Exchange (symbol: KRY) and the NYSE Amex Exchange (symbol: KRY).

Las Cristinas

* The Company’s principal asset is its interest in the Las Cristinas gold project located in Bolivar State, Venezuela. The Company’s interest in the Las Cristinas concessions is derived from the MOC with the Corporacion Venezolana de Guayana which grants Crystallex exclusive rights to develop and mine the gold deposits on the Las Cristinas Project.
* The Company has not received a response from the Minister of Environment and Natural Resources (“MinAmb”) to its June 16, 2008 appeal of the Director General of the Administrative Office of Permits at MinAmb denying its request for the Authorization to Affect Natural resources (the “Permit”) for the Las Cristinas Project.
* The Company is in continuing discussions with China Railway Resources Group Co. Ltd. to create a strategic partnership for the development of Las Cristinas (“Las Cristinas Joint Venture”). The closing of the proposed transaction is subject to the execution of definitive agreements, receipt of applicable regulatory, shareholder and government approvals (including Venezuelan governmental approvals), and satisfaction or waiver of all conditions contained in the definitive agreements.
* Despite continued efforts to secure the Permit and pursue transactions in respect of the Las Cristinas Project, the Company recorded a non-cash writedown of $3.2 million and $10.8 million for the three months and nine months ended September 30, 2010, respectively (accumulated non-cash writedown of $307.9 million), to the carrying value of the Company’s interest in Las Cristinas as required under Canadian GAAP based on certain impairment indicators including, but not limited to, the permitting delays. The non-cash impairment charge has been taken to comply with accounting requirements and is thus without prejudice to the legal qualification that the Venezuelan measures may be given under Venezuelan or international law.
* The Company will consider its options under International Financial Reporting Standards (“IFRS”), when adopted in 2011, to reverse the impairment charge and restore the carrying value of the Company’s interest in Las Cristinas to its original amount, if receipt of the Permit or other circumstances warrants a reversal of this impairment charge at a future date under IFRS. Meanwhile the Company continues to maintain compliance with its obligations under the MOC while pursuing the development of Las Cristinas.

Liquidity and Capital Resources
* Cash at September 30, 2010 was $21.5 million.

Financial Results

* Losses from continuing operations were $8.4 million ($(0.02) per share) and $30.3 million ($(0.09) per share) for the three months and nine months ended September 30, 2010, respectively.
* Losses from discontinued operations at El Callao were $0.9 million and $1.6 million for the three months and nine months ended September 30, 2010, respectively.
* The resulting losses from continuing and discontinued operations were $9.3 million ($(0.03) per share) and $31.9 million ($(0.10) per share) for the three months and nine months ended September 30, 2010, respectively.

Legal Matters

* On December 16, 2009, the Ontario Superior Court dismissed all of the claims by certain holders (the “Noteholders”) of the Company's 9.375% aggregate principal amount of $100 million notes against Crystallex and ordered the Noteholders to pay Crystallex costs. In detailed reasons the court held that Crystallex and its Board acted reasonably and in accordance with its obligations to all stakeholders including the Noteholders. The Noteholders appealed this decision which was heard in late April 2010. In May 2010, the Court of Appeal for Ontario dismissed the Noteholders’ appeal and the Noteholders paid costs of $0.8 million. The Noteholders also signed a release against the Company and its directors at the same time.
* The Company and certain officers and/or directors have been named as defendants in a proposed class action lawsuit commenced in the United States District Court of the Southern District of New York. Crystallex believes that the complaint is without merit and will vigorously defend itself against this action. Crystallex has filed a motion to dismiss the class action complaint. The motion to dismiss remains pending before the court.

[Broker_Hans]

Antwort auf Beitrag Nr.: 40.517.015 von heinzundsanja am 13.11.10 16:05:47

Aber keine Nachrichricht von Crystallex und nur das das zählt für mich

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.519.860 von Broker_Hans am 14.11.10 22:33:03

Hi!

Verstehe Dich nicht. Der Bericht kommt doch von Kry und ist offiziell...!

[SommerSonneSandMeer]

DAs kann sich noch ewig hinziehen.... Las Cristinas ist weltklasse, aber nur wenn sich hier mal irgendetwas bewegt, kommt auch Bewegung in den Aktienkurs...

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.525.655 von SommerSonneSandMeer am 15.11.10 20:16:17

So weit ich gelesen habe, muessen bis 04/2011 die wuerfel gefallen sein, Stichwort arbitration....
Denke aber, wir werden vorher rausgekauft. Vz. Will uns sicherlich nicht als Mitprofiteur...

B

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.526.603 von heinzundsanja am 15.11.10 22:49:43

WO kann man das mit der Entscheidung bis 04/2011 nachlesen?

Mal schauen, wann hier irgendeine Entscheidung fällt, in Gedanken habe ich meine CRY Aktien bereits abgeschrieben, sollte es noch was werden, freu ich mich

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.549.097 von SommerSonneSandMeer am 18.11.10 19:34:47

Lt. Infos verschiedener User vom CAN-Board ist 04/2011 allerletztes Datum einer Klageeinreichung.
Dann sind die Würfel gefallen.
Abschreiben würde ich den Wert nicht. Die Verzögerung ist echt nicht gut, aber bei den vielen ausstehenden Aktien (über 300.000.000...)schmeißt scheinbar kein Fond/Insider/Profi.
Alles rechnet sich noch Chancen aus.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.554.656 von heinzundsanja am 19.11.10 15:37:31

Wer kann hier wen bis April 2011 auf was verklagen?

Ich muss mich wohl auch mal auf stockhouse schlau machen

Gedanklich ist die KRY Position bereits abgeschrieben, falls noch was draus wird, um so erfreulicher!

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.577.954 von SommerSonneSandMeer am 23.11.10 21:50:25

Kry vs VZ/Hugo. Kann Jahre dauern, kann aber auch ganz schnell mit einem buyout bis 04/2011 gehen.
Dazu 2012 Wahlen. Gar nicht auszumalen, wo KRY bei einer Abwahl freiwillig/unfreiwillig von Hugo oder ähnlichem stehen würde...

[RiscTec]

Interessanter Artikel auf Agoracom...offenbar stehen die Chancen nicht so schlecht wie der Aktienkurs ausdrückt.




http://agoracom.com/ir/Crystallex/forums/discussion/topics/4…

posted on Nov 23, 10 04:13PM 



I sent R.M. an email asking about the continued silence from Ven. concerning KRY, and if arbitration is looking like a definite possibility and his response was:



The continued communications with Venezuela and the senior officials remain encouraging. Timing and ultimately the direction for Las Cristinas remains in their hands. Both Crystallex and the proposed Chinese partner (CREC/CRRC) are continuing to travel back and forth to Venezuela seeking action.



While an arbitration claim remains an option, based on the ongoing discussions and communications the company is hopeful that a filing will not be required.

[SommerSonneSandMeer]

Liebe Chinesen!

Bitte mal mit dem Herrn Chavez reden und ihn davon überzeugen, dass so ein bißchen Goldabbau auf Las Cristinas gar nicht sooo schlimm ist.

Ich bin gespannt, es wäre einfach zu schön, wenn das Projekt mit uns als EIgentümern in Produktion geht.

SSSM

[SommerSonneSandMeer]

Bei den Goldpreisen da können einem echt die Tränen kommen... wenn Venezuela das Projekt will, wie wird dann CRY bei einer Zwangsenteignung entschädigt?

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.666.450 von SommerSonneSandMeer am 07.12.10 19:48:23

Das ist die Frage...
Aktuell stehen wir bei 0,32 US-Cent fest.
Buyout oder arbitration, spätestens 4/2011 wissen wir Bescheid!

[SommerSonneSandMeer]

Welchen Einfluss kann China Railway Resources wohl auf das Genehmigungsverfahren in Venezuela ausüben?

Es dürfte sicher sein, dass Crystallex selbst hier schlechte Karten hat, aber mit einem so mächtigen und eInflussreichen Partner halte ich einen positiven AUsgang weiterhin für möglich.

SSSM

[heinzundsanja]

Antwort auf Beitrag Nr.: 40.712.476 von SommerSonneSandMeer am 15.12.10 09:22:32

Beachte auch aktuell die Aufschläge der anderen VZ-Player wie Rusoro und Gold Reserve.
KRY kommt noch, Aufkauf oder arbitration.

[SommerSonneSandMeer]

8 Mio Unzen haben (abzüglich der Produktionskosten) ca. einen WErt von 8 Mrd USD.

Da sollte noch etwas drin sein, ich bleibe aufmerksam und werde bei einen Zeichen in Richtung positivem Ausgang schnellstmöglich aufstocken

SSSM

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 40.717.590 von SommerSonneSandMeer am 15.12.10 19:59:51

Zumindest bei Rusoro Mining hat es geklappt, in Venezuela eine Bergbau-Lizenz zu erhalten, auch wenn hier der Staat Venezuela beteiligt ist und sich einen größeren Teil der Gewinne sichert. EIn ähnliches Modell kann ich mir bei Crystallex/CRR auch vorstellen, auch hier wird es ohne Zugeständnisse an den Staat Venezuela nicht weitergehen, aber das Projekt könnte sich trotzdem für alle Beteiligten rechnen.

Momentan ist Rusoro mein Favorit, da schon produziert wird, aber auch CRY könnte noch jede Menge Spaß machen

SSSM

[SommerSonneSandMeer]

Hier passiert nix, nix und nochmal nix. So langsam gebe ich die Hoffnung bei KRY auf, aber es ist ja auch verdächtig ruhig in Venezuela.

Ein wenig Hoffnung macht die Einigung von Rusoro mit dem Staat, wonach die Hälfte des Goldes exportiert werden darf und die andere Hälfte an die Zentralbank von Venezuela verkauft werden muss (dafür gibt es dann auch keine harten USD, sondern Bolivar). Sollte der Abschluss Pilotcharakter für die Branche haben, würde Chavez nicht sein Gesicht verlieren und es sollte sich für KRY trotzdem rechnen.

SSSM

[SommerSonneSandMeer]

Hat hier jemand einen Draht zum Crystallex Management? Leider antwortet mir niemand auf meine Fragen, deshalb werde ich mein Engagement hier wohl beenden...

SSSM

[ooy]

Antwort auf Beitrag Nr.: 40.971.647 von SommerSonneSandMeer am 02.02.11 21:31:29

So, ausgesetzt seit gestern, 14.00 Uhr Canada...
Weiss jemand was??

Investment Industry Regulatory Organization of Canada - Trading Halt - Crystallex International Corporation - KRY
Feb. 4, 2011 (Canada NewsWire Group) --
TORONTO, Feb. 4 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):

Issuer Name: Crystallex International Corporation
TSX Ticker Symbol: KRY
Time of Halt: 13:44 ET
Reason for Halt: Pending News


IIROC Inquiries [phone] - *Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

[RiscTec]

Antwort auf Beitrag Nr.: 40.988.365 von ooy am 05.02.11 13:44:58

Niemand weiss etwas...einer der Agoracom Board Investoren hat wohl bei Fung angerufen und eine Tina an seinem Telefon hat gesagt er sei heute very happy...

Hoffe wir das hier mal Licht am Ende des Tunnels kommt.

[ooy]

Antwort auf Beitrag Nr.: 40.989.018 von RiscTec am 05.02.11 17:51:41

Kanns auch kaum abwarten, was da kommt...

[ooy]

Auch auf der HP absolut nichts zu finden, warum die Aktie ausgesetzt wurde...
Ist das noch normal??

[receiver88]

Antwort auf Beitrag Nr.: 40.990.869 von ooy am 06.02.11 15:54:00

TORONTO, ONTARIO--(Marketwire - Feb. 6, 2011) - Crystallex International Corporation (TSX:KRY)(NYSE Amex:KRY) announced today that it has received a letter from the Corporacion Venezolana de Guayana ("CVG") that states that the Company's Mine Operating Contract ("MOC") for the Las Cristinas Project in Bolivar State, Venezuela, has been "unilaterally terminated" by the CVG. The letter also enclosed a copy of a resolution passed by the CVG on February 3, 2011 which states that the MOC is unilaterally terminated. The resolution cites, as the basis for the termination of the MOC, Crystallex's lack of activity to progress the Las Cristinas Project for more than one year and "... for reasons of opportunity and convenience".

Crystallex has fully complied with all its obligations under the MOC and has advanced Las Cristinas to a "shovel ready" state while awaiting the issuance of the Authorization to Affect Natural Resources (the "Permit") from the Ministry of Environment and Natural Resources ("MinAmb"). In June, 2007, the CVG confirmed that the approval of the Crystallex Las Cristinas Environmental Impact Study ("EIS"), the posting of the construction guarantee bond and the payment of the environmental disturbance taxes represented the final and conclusive step in the procedure for the issuance of the Permit required to construct the Las Cristinas Project. Notwithstanding Crystallex's fulfillment of the conditions to receive the Permit, MinAmb denied the request for the Permit in April 2008. Despite the Company's compliance with the MOC requirements and the CVG's confirmation in August 2010 that the MOC was in full force and effect, to date the Permit to allow project construction to commence has not been issued.

Crystallex is reviewing its position in light of this correspondence and is considering all steps necessary to protect its investment on behalf of all its stakeholders including the filing of the International Arbitration claim outlined in a Notification of Dispute served by the Company on the Venezuelan Government in November 2008.

[RiscTec]

Antwort auf Beitrag Nr.: 40.992.091 von receiver88 am 07.02.11 07:46:49

Mmmmhhh..das Licht bleibt wohl aus...

Dieser Brief von der CVG ist schon seltsam nachdem man ja das JV mit den Chinesen vorgeschlagen hat das angeblich in allen VEN Regierungsebenen positiv aufgenommen worden ist.

...So positiv waren die wohl nicht.

[MFC500]

Antwort auf Beitrag Nr.: 40.992.091 von receiver88 am 07.02.11 07:46:49

Die Begründung ist schon dreist: The resolution cites...Crystallex's lack of activity to progress the Las Cristinas Project. Es bewahrheitet sich jedenfalls wieder, daß man in solche Aktien erst bei eindeutiger Lage investieren sollte

[receiver88]

Gute Nacht...

[SommerSonneSandMeer]

Sowas nennt man dann wohl Zwangsenteigung... mal sehen, ob es noch eine Entschädigung für Crystallex gibt oder ob wir hier komplett leer ausgehen. Nur extreme Zocker steigen hier noch ein, vermutlich ist in spätestens 4 WOchen "game over".

SSSM

[ooy]

Zitat von SommerSonneSandMeer: Sowas nennt man dann wohl Zwangsenteigung... mal sehen, ob es noch eine Entschädigung für Crystallex gibt oder ob wir hier komplett leer ausgehen. Nur extreme Zocker steigen hier noch ein, vermutlich ist in spätestens 4 WOchen "game over".

Haben die nicht auch noch einen Haufen Cash von der KE mit den Chinesen?
Ausserdem ist m.E. das letzte Wort hier noch lange nicht gesprochen, auf diesem Niveau werde ich jedenfalls nicht mehr verkaufen, in Canada gabs gestern auch schoene Kaeufe aus dem ASK...

[SommerSonneSandMeer]

SOweit ich weiß, haben die vor allem ne Menge SChulden, das PP mit den Chinesen ist meines WIssens nicht über den Ankündigungsstatus hinaus gekommen, weil die Chinesen erst bereit waren einzusteigen, wenn die GEnehmigung vorliegt (bitte um Korrektur, falls ich hier falsch liege).

Insofern ist für mich Crystallex nun leider ein schneller Pleitekandidat, wenn nicht noch dramatisch etwas passiert.

SSSM

[MFC500]

Mit Blick auf die Finanzlage muss das Insolvenzrisiko als sehr hoch eingeschätzt werden:

http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=…

Eine Rückzahlung der ausstehenden notes ist bei der aktuellen Sachlage unmöglich. Wie diese Gläubiger sich verhalten, bleibt natürlich abzuwarten.

[ooy]

Danke fuer Eure Aufklaerung...

[Public_Relations]

Wir sehen mit gestrigem Announcement die Befürchtungen vieler Anleger bestätigt. Crystallex jetzt seit mehreren Jahren auf meiner watchlist, sehe ich kaum noch Chancen für das Unternehmen. Der Kursverfall der vergangenen Tage war bereits eine Warnung, dass hier noch größeres Ungemach droht. Das Läderrisiko war mir trotz der gewaltigen Ressourcen einfach zu extrem. Für alle Investierten mein Mitgefühl, auch ich habe immer gehofft hier wendet sich das Blatt und man könne einsteigen.

LG, Public

[Ottakringer666]

Antwort auf Beitrag Nr.: 41.000.660 von Public_Relations am 08.02.11 11:30:33

Aus einer kanadischen Zeitung:

Venezuela kills Canadians' hunt for gold




The words "unilaterally terminated" appear to be the last straw for many of Crystallex International Corp.'s long-suffering shareholders.

Shares of the Toronto-based company plunged roughly 40 per cent Monday after it received a letter from the Venezuelan government saying its contract to mine the legendary Las Cristinas gold deposit has been "unilaterally terminated."

The letter cited lack of progress at the site as well as "reasons of opportunity and convenience."

The lack of progress can be directly attributed to Hugo Chavez's government.

In mid-2008, it blocked permits for Crystallex and Gold Reserve Inc. They want to develop the Las Cristinas and Brisas projects, which sit side-by-side in Venezuela's Kilometre 88 district.

With no permit in sight, Crystallex came close to running out of cash last year.

It rescued itself by striking a joint venture with a state-owned Chinese engineering company to develop Las Cristinas.

That gave investors renewed confidence in the project, and Crystallex completed a $35-million financing a few days later.

But this latest announcement suggests that China's involvement has not changed Venezuela's views on Crystallex. It simply does not want the company to develop this project.

What the government does want is an open question. It has a serious environmental mess around Las Cristinas, and it needs a mining company to go in and clean it up while finally extracting all the gold. Las Cristinas has nearly 17 million ounces of reserves.

Some investors have speculated that the government wants Russian-Canadian miner Rusoro Mining Ltd. to develop the project. The Vancouver-based company, which is backed by Canadian mining magnate Frank Giustra and Russia's powerful Agapov family, has emerged as Venezuela's preferred partner for gold mining.

On Monday, Rusoro executives told news agencies they were eager to mine Las Cristinas if that is the wish of the government.

Rusoro tried to get its foot in the door in the Kilometre 88 district in late 2008, when it launched a hostile-takeover bid for Gold Reserve.

That offer fell apart after the Ontario Superior Court of Justice intervened. The court ruled that Rusoro had improper access to Gold Reserve's confidential information because its adviser on the bid, Endeavour Financial, worked with both companies.

Endeavour Financial's exclusive adviser is Giustra, who is also closely affiliated with Rusoro.

Crystallex said it still may pursue international arbitration against the Venezuelan government. It did not comment beyond Monday's brief statement.

[Ottakringer666]

Antwort auf Beitrag Nr.: 41.000.227 von ooy am 08.02.11 10:45:42

7.2.2011:

Crystallex shares drop as contract cancelled



Crystallex International Corp. shares lost about one-third of their value yesterday after the exploration company said the Venezuelan government had cancelled its contract to develop the legendary Las Cristinas gold property in the southeastern State of Bolivar.

Immediately Russian-Canadian Rusoro Mining Corp., based in Vancouver, offered to work with the government of President Hugo Chavez to develop Las Cristinas, adding it can "handle the challenge with the necessary international financing."

Las Cristinas is believed to be one of the most important gold properties in Latin America, with estimated reserves of 17 million ounces. Crystallex has been negotiating with the Chavez government for several years, trying to get clearance to start development work.

But Rusoro, which recently began producing gold in Bolivar State, also told Reuters "we're sure Venezuela has much richer areas than Las Cristinas that have not yet been adequately explored to determine their reserves."

Crystallex said it had fulfilled all its obligations under the development contract and the Las Cristinas site was "shovel-ready" awaiting delivery of a government environmental permit promised two years ago and that would enable mine construction to start.

It said it received a letter Sunday from the State holding company Corporacion Venezolana de Guayana saying the development contract was "unilaterally terminated." CVG cited a "lack of progress" and "reasons of opportunity and convenience" as grounds for cancellation.

Crystallex said it is considering every option including filing the contract rupture for international arbitration.

Two years ago, the Chavez government threatened to take over all gold mining concessions, claiming the mining companies would harm the environment and violate workers' rights.

It said then the government would mine Las Cristinas with Rusoro Mining as partner.

Mining companies have been ramping up gold exploration in Mexico, Chile, Peru, Argentina and even Colombia, but they have mostly stayed clear of Venezuela, where Chavez has been on a resource nationalization spree.

Quelle: http://www.montrealgazette.com

[ooy]

50% vom Tief gutgemacht:

Crystallex Files Request for Arbitration Before the World Bank's International Centre for Settlement of Investment Disputes
TORONTO, ONTARIO, Feb. 16, 2011 (Marketwire) --

Crystallex International Corporation (TSX:KRY)(NYSE Amex:KRY) announced that it has filed a Request for Arbitration before the Additional Facility of the World Bank's International Centre for Settlement of Investment Disputes ("ICSID") against the Bolivarian Republic of Venezuela ("Venezuela") pursuant to the Agreement between the Government of Canada and the Government of the Republic of Venezuela for the Promotion and Protection of Investments (the "Treaty").

The arbitration has been commenced following the failure of the Venezuelan Government to propose any resolution to the dispute notified by Crystallex on November 24, 2008 and the subsequent unlawful termination on February 3, 2011, of the Mine Operation Contract ("MOC") it had entered into with Corporacion Venezolana de Guayana ("CVG"). The claim is for breach of the Treaty's protections against expropriation, unfair and inequitable treatment and discrimination.

Crystallex seeks the restitution by Venezuela of Crystallex's investments, including the MOC, and the issuance of the Permit and compensation for interim losses suffered, or, alternatively full compensation for the value of its investment in an amount in excess of US$3.8 billion.

[Schwabe_X]

VE/Chávez kündigt Verstaatlichung der Goldminen an
17.08.2011 20:59

MEXIKO-STADT/CARACAS (awp international) - Vor dem Hintergrund stark gestiegener Goldpreise will Venezuelas linksgerichteter Präsident Hugo Chávez die Goldminen in seinem Land verstaatlichen. Auch Unternehmen, die mit dem Edelmetall handeln, sollen nationalisiert werden, berichtete die Zeitung "El Nacional" am Mittwoch in ihrer Online-Ausgabe. Entsprechende Gesetze seien vorbereitet und würden demnächst verabschiedet, zitierte das Blatt den Präsidenten. In den vergangenen Jahren hatte Chávez bereits andere Schlüsselindustrien verstaatlicht, um sein Projekt eines "Sozialismus des 21. Jahrhunderts" zu verwirklichen.

"Wir werden das Gold nationalisieren und in eine internationale Reserve umwandeln, denn sein Wert steigt weiter", erklärte der Präsident. Die Regierung werde damit beginnen, die Goldgebiete in der Region Guayana "einzunehmen", wo derzeit Anarchie, Mafia und Schmuggler herrschten. Venezuela verfügt nach den Worten von Chávez über Goldreserven in Höhe von rund 13 Milliarden Dollar (9,1 Milliarden Euro)./fs/DP/stb

[ooy]

Das wars:

Crystallex Informed of TSX Delisting
TORONTO, ONTARIO--(Marketwire - Dec. 7, 2011) - Crystallex International Corporation (TSX:KRY)(OTCQB:CRYXF) ("Crystallex" or the "Company") has received a letter from the Toronto Stock Exchange stating that following the December 5, 2011 Review, the Exchange determined that the Company does not meet the Original Listing Requirements ("OLRs") and plans to delist the Company's shares effective at the close of market on January 6, 2012.

Management is evaluating alternative exchange listing options. Crystallex shares will continue to trade in the US on the OTCQB market.

[ooy]

Klingt nach Totalverlust, ist ausgesetzt mit folgender Meldung:

Crystallex Announces CCAA Filing
TORONTO, ONTARIO--(Marketwire - Dec. 23, 2011) - Crystallex International Corporation (TSX:KRY)(OTCQB:CRYXF) ("Crystallex" or the "Company") today announced that it has obtained an order from the Ontario Superior Court of Justice (Commercial List) for protection under the Companies' Creditors Arrangement Act (Canada) (CCAA). Ernst & Young Inc. was appointed monitor under the order. Subject to the order, proceedings by creditors and others cannot be continued or commenced without the consent of the Company and the monitor, or leave of the court.

As previously announced, management of the Company has been exploring financing alternatives for some time, including a $120 million private placement disclosed on October 11, 2011, in order to deal with the liquidity crisis resulting from the $100 million senior unsecured notes issued by the Company maturing on the date hereof. Although the Company has received proposals, none have been satisfactory and discussions continue. The order obtained today permits Crystallex to remain in possession and control of its property, carry on its business and retain employees while the Company obtains additional time to pursue its arbitration with the Bolivarian Republic of Venezuela and complete financings in order to enable all its creditors to be paid in full.

The Company currently has cash and cash equivalents and other assets that are expected to be sufficient to fund its obligations and budgeted expenditures until it obtains debtor-in-possession financing ("DIP financing"). The Company is currently pursuing DIP financing in amounts sufficient to continue to finance the Company through the CCAA proceedings. Crystallex has received expressions of interest from several parties who are interested in providing DIP financing and intends to conclude negotiations for a DIP financing facility within the next few weeks.

Effective no later than December 28, 2011, court filed documents and other information regarding the CCAA proceedings will be available on the Company's website at www.crystallex.com and on the monitor's website at www.ey.com/ca/crystallex.

Other Matters

Crystallex has been informed that the arbitral tribunal for its claim against the Bolivarian Republic of Venezuela with respect to the Las Cristinas Project has agreed upon a schedule of written submissions from the parties and has set a hearing date of November 11, 2013. The Company is diligently advancing its arbitration claim, while remaining receptive to settlement alternatives with Venezuela. The Company will continue to vigorously pursue this claim while it remains under creditor protection.

On December 7, 2011, the Toronto Stock Exchange determined that the Company did not meet the Original Listing Requirements of the Exchange and that the Company's shares will be delisted effective at the close of market on January 6, 2012. Management has no current intentions to pursue alternative exchange listing options. Crystallex shares will continue to trade in the US on the OTCQB market.

[DerBergderruft]

ist zwar pleite und in D kein Handel mehr.......
aber in den USA wurden gestern etwa 260´000 Aktien gehandelt.....

dürfen das nur die handeln?