Re: Gold Fields Costs to Climb on Wages, Stronger Rand

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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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makinmoola2

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Re: Gold Fields Costs to Climb on Wages, Stronger Rand

in response to

Gold Fields Costs to Climb on Wages, Stronger Rand

cantjustread

posted on Aug 06, 2009 08:55AM

Another qoute from Gold Fields on Rusoro:

"We have decided to write down the investment in Rusoro to its market
value at year end notwithstanding our view that its inherent value is
significantly greater than its current market value. This is the main
contributing factor towards the net loss during the quarter."

http://www.earthtimes.org/articles/show/gold-fields-limited-record-safety-year,917775.shtml

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