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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: VHeadline.com - Agapov ready to sell 38000 ounces of gold at Bs.F ... ...

I agree Vlada. Anything that makes Kry more attractive in value is good news.

Perhaps while we have been demanding a deal right now RF has been waiting for the rate to double so our MOC is worth more. This could be the event needed to close a buyout deal so the aquiring company can actually make money.

I firgure at current gold prices the part that must be sold through VZ is now worth around $800 an ounce. If you add in the 30% that can be exported and sold at spot. This would put the overall sales price north of $900 and ounce at todays prices.

Makes one wonder what a contract for 20 - 30 millions ounces is worth. Sure hope we find out soon.

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