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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: Minerven extends its horizons

Re: Minerven extends its horizons

posted on Jan 26, 2009 06:20AM

They may be extending their horizons but they are "spinning" their results...

This is a classic example from that release " CVG Minerven elevated their production of little more than 4 tons of gold in the 2007 to 4,233 kilos "

Only a little over 4 tons and now they "elevated" productions to a HUGE 4,233 kilos!

WOW! let's look at this.. 4 tons is approximately 4,070 kilos and they produced a "little more" than that so I guess rounding up to 4,100 kilos would be OK.

So their huge increase to 4,233 kios is, at the best 133 kilos of gold or about 2%..

A warning to everyone; Whenever you see any company or authority start quoting different units of measure when comparing the same or similar things either do the conversion yourself or run a mile! They are trying to hide something or confuse their casual readers.




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