Re: Crystallex at PDAC conference in Toronto
in response to
by
posted on
Mar 03, 2009 02:35AM
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
wym, i actually had a question about his #'s....the price per oz is either high or the P&P is low....
kry's cap is approx $80mil now...
divided by $7 gives you approx=11.5mil oz
from kry website (at $1000 gold the numbers are even better)
Calculated at a US$550 per ounce gold price, Las Cristinas’ proven and probable reserves currently stand at 464 million tonnes, grading 1.13 grams of gold per tonne for a total of approximately 17 million ounces of gold.
would'nt that give us a current price per oz of around $4?????