Top AMEX Movers (MGN, SUF, KRY)
AMEX Movers
Dallas, TX 11/17/2009 04:25 PM GMT (TransWorldNews)
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Mines Management, Inc. (AMEX:MGN) soared 19% to $2.64 after it announced that it has withdrawn its previously announced public offering of 6,000,000 shares of common stock. The terms presented by the underwriters did not meet the minimum expectation of net proceeds.
SulphCo, Inc. (AMEX:SUF) jumped 9% to $1.13. The stock has recovered over 180% from its 52-week low of $0.40. SulphCo, Inc. (SulphCo) is a development-stage company engaged in the business of developing and commercializing its technology for the upgrading of crude oil by reducing its relative density, its viscosity, and its sulfur and nitrogen content.
Crystallex International Corp. (USA) (AMEX:KRY) plunged 17% to $0.374 on 2.20 million shares. Crystallex International Corporation (Crystallex) is a Canada-based gold producer. The Company has operations and exploration properties in Venezuela. Its principal asset is the Las Cristinas project in Bolivar State. During the year ended December 31, 2008, gold production in Venezuela was 17,885
ounces.
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