Re: Accounting issue

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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KENTUNDERBERG

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Re: Accounting issue

posted on Oct 21, 2007 08:11AM

That is 100% correct. I stated that it is good news because it drops to the bottom line, but as stated the money is already spent. The good news i referred to is that it will increase their net worth and will make the company look better. This would help if the company is being looked at for a possible sale.