Friday, April 15, 2011

Crystallex International Corp (KRY) Moving Higher

By Sanford Hall


Crystallex International Corp. based out of Canada is moving up today on light volume. The company reacently received delisting notice from the AMEX, but has every intention on appealing this decision.
KRY is a Gold stock currently trading under .15; I believe it's highly undervalued at these levels given the assets it has on hand and their pending litigation.

The technical out look of the stock is quite promising with an uptrend  forming and all positive indicators indicating an imminent breakout at these levels.
With gold trading at an all time high in prices, I look forward to this stock trading near $0 .50 or better within the next 30 days.

KRY @ .1356
Target: $0.65

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