Re: Close to 450 million fully diluted shares, what is the asset worth per share?
posted on
Jun 10, 2010 09:44PM
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
You aren't totally wrong but prior to this week's news, this stock was worth 0. We had no money to even fund arbitration and who would finance us with no positives? This JV allows us to stay in the game, make some profits and open ourselves up to other mining ventures in and out of VZ. That is huge if you ask me. Who's to say LB isn't going to be mined as one mine as VZ wants under the KRY/CRRC JV? There are still a lot of unknowns but we are a lot better off today than we were a week ago.