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: Can someone help me with my math?

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.

Share
New Message
Please login to post a reply