TIMES UP

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

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KENTUNDERBERG

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TIMES UP

posted on Apr 24, 2008 10:50AM

If gold where say at 785 this would for the moment be good for Kry. Why you ask ? Its because Kry business model is base on current labor and oil and electric prices and gold being at $550. This gives the a huge advantage over other junior miners that need gold at a higher price to offset their high cost of production and low reserves. Thats also a fact. Remember Kry can make big money at $550 gold price and in the long run huge money when its at $900.