Monday, May 5, 2008
Crystallex International Corp. It's enough to give beta a bad name (as if sleazy hedge funds and suspendered short-sellers driving down your stock values haven't already succeeded). Um, where were we? Oh yes, Crystallex. After years of delays, Venezuela okayed development of the Canadian miner's massive gold deposit. Now, they say, 'Sorry, no.' The stock lost half its value. Friday close: 78 cents, down 96 cents for the week (TSX).
Posted by News Desk at 4:59 AM