Re: At $800 gold, the LC reserve is 22.454 million ounces
in response to
by
posted on
Aug 31, 2008 08:07AM
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
The reserve numbers you cite are at $550 an ounce. The reserves are sensitive to gold price, which is why you should look at the Nov 7, 2007 Technical Report.
The PROVEN & PROBABLE reserve IS 22.454 million ounces at a gold price of $800.
To get the report, which is the most comprehensive document available on LC, look on SEDAR for Nov 2007.