Welcome to the Crystallex HUB on AGORACOM

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: are you guys kidding me? 12mil+ shares...

The mines that were given up were revenue losses not gains so giving them up improved KRY's bottom line. As a result our cash burn has decreased. Earlier we were reported to have cash through Q2 2009. Now with the lower losses and decreased spend I think we have cash almost to the end of 2009.



The market may view Revemen and Tomi as "losses" but the fact is our cash flow is stronger having given them up. Remember too that these mines were mostly depleted.

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