Welcome to the Crystallex HUB on AGORACOM

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

Free
Message: Re: Crystallex will go to .80 to $1.20 when permit issues

Gustavo, our reserves have been updated, to be 21-22 million oz. based on $1200 gold.

I don't see any point whatsoever in using a 'guesstimate' from years ago, to try and come up with a share price once we get more positive news. All previous figures were based on a completely different scenario, with a completely different gold price.

When this JV is all sewn up and done, LC will be mined by CRRC, a Chinese company. KRY will be a silent partner, giving advice and their expertise. Crystallex will not be the entity that VZ deals with, or who the press releases come from. Crystallex will not be mining LC.

When all is said and done, Crystallex will be valued on their 33 % share of a gigantic gold mine's profit,( which with all likely hood include other gold deposits in VZ, and all without having to be involved in the actual work), cash on hand, plus whatever else they decide to venture into with their other concessions.

KRY's value will have absolutely nothing to do with the past. As my sis says.....THE PAST IS HISTORY, THE FUTURE IS A MYSTERY. ALL WE HAVE IS NOW, WHICH IS A GIFT. THAT'S WHY THEY CALL IT THE PRESENT.

I would suggest that you stop wasting your energy on numbers and the future.....within the blink of an eye, all things considered, we will KNOW what our share price will be. I think we can all agree it will much higher than it is right now.

Pen

Share
New Message
Please login to post a reply