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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: MY TALK WITH RM

Re: MY TALK WITH RM

posted on Apr 09, 2009 05:59AM

I think your missing the point about the sp! Gold is Gold selling for $800 some dollars. Why would the share point be less then it was in the past? The cost of minning is not going out of site , eguipment for the most part is already purchased. The royalties have not changed, the original contract is still the same.

Kry will have a huge write off do to past and present expenses.

So the profits would be as good or better then when Gold was say at $500 , $600 or even at $700.

Keep in mind that there are some companies that are holding their sp do to the profits they are making. Sure the market is down but as a daytrader i see many companies on a steady climb back to profitablity and higher share price.

I keep certain ( facts ) up front. One is that the amount of Gold in LC is 23 million (plus ) oz. This is a fact, and with futher minning i would be willing to bet there is even more then repoted. The fact is the company only drilled down i believe the deepth was 500 ft and the retangluar bar of gold had not stop. see the drilling charts from 06.

BOSS KENT

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