New visitor? Consider subscribing by RSS or by email.Love it or hate it, few would dispute that the decision on Crystallex’s (KRY) mining permit application was a make or break event. Unfortunately for Crystallex investors, Venezuela denied the permit. The decision effectively ends KRY’s plans [...]
Junior mining company Crystallex [[KRY]] announced today a public offering of units. According to the press release, the company “plans to use the net proceeds from the financing to develop the Las Cristinas Project, for debt service and for general corporate purposes.”
As longtime readers know I was once bullish on Crystallex, but soured [...]
I bought shares several months ago in Crystallex: KRY, a junior gold miner attempting to develop a premier mineral reserve in Venezuela called Las Cristinas, based on a simple calculus. I reasoned that it was more likely than not that the company would receive the final environmental permit needed to begin mining, and that [...]
Commerce Planet: CPNE.OB took a beating after announcing mediocre earnings. CEO Michael Hill said he was pleased with the quarter (I’m not), adding: “we executed on initiatives to more effectively spend our advertising dollars increasing our efficiencies and performance results. We expect this strategy to lower our future operating costs and protect the quality [...]