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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:Chavez and Sanz vist ............
3
Sep 14, 2008 12:09PM
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Sep 14, 2008 12:40PM

Boss, 20-22 would value our reserves at about 330 an ounce, which anywhere else would be a bargain. When we finally get the permit, after the initial sell out by tired retail, I would expect a share price about half that until the mine is actually built, then 20-22 would be a fair price even in VZ for a producing mine of this size and future potential.

While I expected a pullback in gold to the 750 level, with the fundamentals in place it can't stay that low for too long. How many trillion can you print before you start having to take your wheelbarrow to carry your currency when you go shopping? LOL



1
Sep 14, 2008 01:33PM
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Sep 14, 2008 01:42PM
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Sep 14, 2008 02:10PM
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