Re: BIT, Polyus and KRY
in response to
by
posted on
Sep 21, 2009 10:10AM
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
I would like to remind everyone that the $2B figure Fung mentioned at the AGM was a "back of the envelope calculation" using a very conservative $100/oz "in the ground" factor...and he indicated that this was the low end of the compensation range.
Fung would not commit himself to any figure at the top of the range for obvious reasons...he's under-promising to hopefully over-deliver.