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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: Can someone help me with my math?
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Icon president Can someone help me with my math?
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Rundle
Sep 08, 2008 07:18PM

Actually, @ 17m ounces and close price of $1.04 the price is appx. $18 per oz "in the ground".

5 times more with permit @ 17m ounces.

According to our Russian Canadian company/friends, we should be trading @ $102 per oz "in the ground".

17,000,000 @ $102 per oz......$1,734,000,000 or a share price of $5.88.....with permit.

Obviously, I am not counting the additional 4 million ounces and the additional 6 million ounces inferred. Or the other assets of the company.

Permit and the dominos will fall and the share price will be substantially higher.

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ibelieveinkry
Sep 08, 2008 08:21PM
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