Re: Everyone involved in this company on the inside
in response to
by
posted on
Mar 04, 2008 07:16AM
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
On the issue of 240 to build out the mine. Some of the money that was financed the last time around. The money was two fold, mostly is was to carry them till the permit . Enough for 18 moths, but as they talk that was not the original amount. what they did is fund money to carry them forward and also some money would be use to start the build out.
As RM said it would not look good if they got the permit and could not start the build out. So when the permit comes ( which it will) they have money to start the build out then go look for the best deal. He did say that they will (not) have trouble refinancing.
BOSS KENT