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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: 7th Monitors Report Now Up. - More Conclusions
4
Dec 15, 2012 09:10AM

Yeah, I have an idea of how much cash were burning thru...

$1.2 million per mo.

$15+million left now appx. - the questionable equipment sales

$13.2 left by Nov. @ the burn

How does the company end up with $5 million at the end of the Nov 13' time frame is almost laughable.

We'd better pray like heck Vz. coughs up offer or GRZ gets cost + % & future profits is all I can say.

Be real everyone......E&Y is just the monitor, not the treasurer.

I'm cautious and very concerned over the rate of burn and the bondies and management not settling this out.

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