Crystallex International shares surge on Venezuelan government’s reinstatement of permit
Shares of Crystallex International Corp. (Amex: KRY) have bolted nearly 17% in pre-market trading after the explorer and developer of gold in Venezuela said this morning that the Venezuelan Ministry of the Environment and Natural Resources has abandoned its former denial of a permit for Crystallex. The government is reportedly said that the proposals in the report are viable and conform to the Environmental and Social guidelines of the Venezuelan Government.
Shares leaped 17%, or $0.20, to $1.39. For detailed price information and news stories on Crystallex International, click KRY.
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Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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