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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: Price of Gold/price of KRY
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Dec 07, 2010 07:33AM
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Dec 07, 2010 08:28AM
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Dec 07, 2010 11:14AM

ctw
Dec 07, 2010 11:19AM

When kry was $6.17 on April 10, 2006 gold was under $600. Now Gold is over $1,400 and Kry is at .32 cents. The arbitration value if contract is upheld is now worth almost 2.5 time what it was worth then. The value of the permit even with the 2/3 Chinese discount is worth more do to the building costs inclusion. If permit was issued on or about april 10, 2006 this stock would have gone between $10 and $15. No one anticipated this huge and continuing increase in gold. A deal should easily be completed satisfying all stakeholders based on this current price of Gold.

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