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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: Re: $25.2 billion in gold in LC
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Jun 16, 2010 05:06PM
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Jun 16, 2010 08:31PM
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Jun 16, 2010 08:55PM

I hear what you are saying but as I wrote, let's wait until that update is published. What if gold prices drop? What if we are forced to sell gold to the gov't at a discount? Too many unknowns. That's why I say, let's stick with exactly what we know right now.

In addition, if I'm not mistaken, when they do get around to updating reserves, they don't just use today's gold price. I believe they use a 36 month average or something along those lines.

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Jun 16, 2010 10:00PM
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Jun 16, 2010 10:18PM
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Jun 16, 2010 10:46PM
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Jun 17, 2010 12:20AM
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Jun 17, 2010 10:30AM
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