The talks were scheduled on the 18th led by Vice Minister of Environmental Planning and Administration, Ing. Merly Garcia and assisted by legal advisor Dra. Lucy Vidal.
Should the result of these talks prove successful and the mine is allowed to open, it could mean huge revenues for the company and a boon for the stock. I don’t like to recommend many speculative plays but seeing how commodities have been hot lately, this may be happening at just the right time for Crystallex. Prudent buyers could see a lot of profit on this trade as it gains momentum into the good news.
Disclaimer: I’ve been holding positions in this stock since it was in the $4 range and bought more during the recent decline. Previously I profited on the stock as it bounced from $2 to $6 on rumors the mine would soon open. That hasn’t been the case so far so this is definitely a speculation. my last purchase of KRY was 600 shares at .94 cents. I’ll be looking to unload my entire position(831 shares) around $5-$6.
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