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: gold sale
10
Jul 21, 2010 01:52PM

Since the loan is based in US dollars it would be to VZ's advantage to pay China back with an amount close to spot. The higher the value of each ounce the more VZ pays off. If the price of gold goes higher then it will take less gold to pay off China.

Just a thought.

Good thought JJ.


Jul 21, 2010 09:10PM
Share
New Message
Please login to post a reply