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: Re: Mibam Venezuela certify its mineral reserves...

Re: Mibam Venezuela certify its mineral reserves...

posted on Jan 19, 2009 03:53PM

I'm not so sure Dparge. I've seen 31 million and 35.2 million used by Sanz and Hugo in the media if the figures are being reported correctly.

Kry has very strict guidelines for reporting proved and probable VS infered. Sanz and Hugo aren't under the same restrictions and may be stating what they believe the total number actually is at LC. Even if we put both LC/LB togther this still leaves LC at over 20 million ounces.

For 20 plus million I'm prepared to wait this story out till the end. The upside is just to high to let frustration cause me to sell.

Share
New Message
Please login to post a reply