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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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Message: Re: MY TWO CENTS
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Feb 23, 2008 05:43AM
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Feb 23, 2008 10:26AM
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Feb 24, 2008 03:38AM

BK's "Two Cents" on February 23 walked us through a KRY POS at 900 POG and concluded a very conservative $10 per share.

 With all of the talking heads and the sweat older lady talking about gold going through the roof on CNBC, I could not help but to open up Excel and see what the per share value would be with gold at $1600 per ounce.

Assuming the following:

20,000,000 ounces

$1600 POG

-$350 extraction

-$63 royalties

$-200 taxes (double BK's number)

-$200 smiles (double BK's number)

300,000,000 shares

equals $50

cut in  half (per BK)

$25 pps KRY

 


Mar 03, 2008 01:50PM
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