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  • 3 Pre-Lunch Market Movers - (AMEX: KRY, DEJ) and (NASDAQ: LPTH) 0 comments
    Jun 7, 2010 11:19 AM | about stocks: CRYFQ, DXI, LPTH
    Crystallex International Corp. (AMEX:KRY) is trading at $0.66 up $0.12 or 22% on heavy volume of 8.5M

    Today the company announced that it has signed a binding agreement with China Railway Resources Group Co. Ltd. (NASDAQ:CRRC) to create a strategic partnership for the development of the Las Cristinas gold project in Bolivar State, Venezuela. China Railway Engineering Corporation is the world's largest contracting and engineering company and one of the world's 150 largest companies. It is one of China's largest state-owned companies with the majority of its shares held by the People's Republic of China. Upon completion of the transactions contemplated by the Agreement, Crystallex will hold a one-third fully carried interest in the Las Cristinas Joint Venture and CRRC will have a two-thirds interest.

    Lightpath Technologies Inc. (NASDAQ:LPTH) is trading at $1.89 up $0.19 or 11% on heavy volume of 59k

    Today the company announced the release of a family of lenses to address the biomedical instrumentation and data storage markets. The growing market for lasers in biomedical instrumentation was recently estimated at $93 million for 2009 according to Laser Focus World's annual laser market survey. The total market for data storage lasers in 2009 was $1.4 billion. Growth is expected to accelerate in 2010

    Dejour Enterprises Ltd. (AMEX:DEJ) is trading at $0.34 up $0.045 or 15% on heavy volume of 100k

    The high growth oil and natural gas company operating multiple exploration and production projects in Northeastern British Columbia and Western Colorado, today announced record crude oil and natural gas output in May from the Company's Woodrush Project located in the Peace River Arch in British Columbia, Canada. Gross project oil and gas production for the month of May was 31,580 barrels of oil equivalent (NYSE:BOE), a 332% improvement over the average gross monthly production of 9500 BOE during Q1-2010.

    Disclosure: no positions
    Stocks: CRYFQ, DXI, LPTH
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