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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: KRY SP

KRY SP

posted on Apr 02, 2008 07:05AM

 Without a permit kry price is still a little low, with the permit kry price is huge. This statement is made with certain facts in mind. One being gold at its all time high or close to it. Secondly the fact that the proven reserves of 20 million oz and the almost certain fact that there is even more gold then the drilling's indicated.

Kry has stated that in several articles that the mine will be a viable supply of gold for from 40 to 60 years. Has one anylist stated KRY immediate pps is 4.75. I  don't remember if that was before or after permit, either way i feel she was being self serving.

With the present economy and the price of gold and taking into the fact that supply and demand of gold, the reserves are not going to decline. I still maintain a pps of 14 - 20 dollars. With a bidding war this could escalate to all time highs payed for a gold mine.

BOSS KENT

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