Today's example of "mining NR to real English" comes from Crystallex (KRY) (KRY.to), known in politer circles as "the stock that dare not speak its name".
This is what they wrote:
TORONTO, ONTARIO--(Marketwire - 04/05/11) - Crystallex International Corporation (TSX:KRY - News)(AMEX:KRY - News) has been advised by the NYSE Amex that trading in its common shares has been halted by the NYSE Amex based upon its determination that the Company no longer meets the qualitative standards for continued listing because NYSE Amex believes at this time that the Company is no longer an operating Company.The Company expects to receive a letter from the NYSE Amex today as an initial step to begin a delisting process. The Company intends to appeal this determination and if necessary request a hearing before an NYSE Amex listings qualifications panel.
And this is what it means:
TORONTO, ONTARIO--(Marketwire - 04/05/11) - Crystallex International Corporation (TSX:KRY - News)(AMEX:KRY - News) has been advised by the NYSE Amex that trading in its common shares has been halted by the NYSE Amex based upon its determination that the Company no longer meets the qualitative standards for continued listing because NYSE Amex believes at this time that the Company is no longer an operating Company. Haha! PSYCHE! All this time AMEX thought we were an operating company! My stars we laughed when we got the mail from the market guys. Anyway, we'll appeal because it's a gross injustice and....what was it again? Oh, I forget. But we have lots of gold and we're bound to win our action against Hugo and he's bound to pay up without saying a word, so buy our stock. Who needs an Amex listing anyway?