Re: Management’s Discussion and Analysis...
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posted on
Nov 11, 2009 04:52PM
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
Loss on sale of equipment
In the third quarter of 2009 the Company sold mining equipment with a book value of
$0.6 million for proceeds of $0.3 million, resulting in a loss on disposal of $0.3 million.
In 2008 the Company sold mining equipment with a book value of $4.2 million for
proceeds of $6.0 million, resulting in a gain on disposal of $1.8 million.