Re: Gold Reserve Notifies Venezuelan Government of Investment Dispute

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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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jimmijazz

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Re: Gold Reserve Notifies Venezuelan Government of Investment Dispute

in response to

Re: Gold Reserve Notifies Venezuelan Government of Investment Dispute

mineonmoney

posted on Apr 21, 2009 03:14PM

18 billion would be nice but we will get nowwhere near that.

That is simply ounces x price of gold. The price will be a large step up from any buy out offer however. This is just rough but if we $900 for gold witha $400 cost that still leaves $500 x 60% our share of being $300 an ounce x 20 million or 6.6 Billion or about $20 a share.