Re: I like a Chinese Deal

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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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mayo

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Re: I like a Chinese Deal

in response to

I like a Chinese Deal

chewy51

posted on Dec 04, 2009 10:45AM

The article says 4-5 a troy once. Proven reserves are $4,483,000 and Probable are 12,379,000. Even if it was $45 not 4-5 on probable reserves it would be ridicously low, only $557,055,000. Am I missing something.

It sounds like a noteholder not a shareholder deal at those numbes. Please let me know if I am missing something.

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