Bill Carrigan Crystallex International KRY-T DON'T BUY Jul 30, 2007

Because of the Venezuelan political issues, insiders will know more than we ever will and this will be reflected in the price. This one has fallen out of bed while the other gold stocks have been rallying.

Bill Carrigan

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HOLD

Stock advanced when gold stocks were declining, so it had high relative strength. When the gold market turned around the stock started to decline. Once the trendline was broken in July, all bets were off. Shorter term charts show it trying to form a base. He wouldn't add to it, but if you own it, you might want to stick with it and see if it rallies.

DON'T BUY

Great asset for 15 years in Venezuela, but they have yet to get their permits. Would not invest in that country.

DON'T BUY

In a downtrend. The rest of the market during that time didn't do too badly. Don't buy until the trend starts.

DON'T BUY

Haven’t owned in years. Got burned by the Venezuelan government, a volatile area. Keeping mining money in north America.

SELL

(Market Call Minute.) Gold stock in Venezuela.

COMMENT

Have an incredible deposit, but dealing with the government in Venezuela is an entirely different realm than dealing with other jurisdictions. Didn't get the government approval they were hoping for.

DON'T BUY

This one highlights the political risk that has been seen in the gold sector of late. Venezuelan government just threw out their permit and it is now a big uncertainty as to what they actually own.

DON'T BUY

Multi-million ounce gold deposit ready to go. Waiting for one permit. Venezuela has tipped over on the risk spectrum. Finds it very difficult to have any clarity on what is going on there.

SELL

You are committed to a support lifeline in Venezuela. Not a buy. Worst horizontal drilling operation in the world. Dead in the water.

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Bill Carrigan Crystallex International KRY-T DON'T BUY Jul 30, 2007

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