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: Rayzz...in case you missed the memo

Rayzz...in case you missed the memo

posted on Feb 08, 2010 01:05PM

Liquidity and Capital Resources

Cash and cash equivalents at September 30, 2009 were $4.9 million.

With proceeds from recent equipment sales, the Company forecasts that it will have sufficient cash to fund its operations through the first quarter of 2010 (see “Liquidity and Capital Resources” section).

http://www.crystallex.com/Theme/Crystallex/files/Reports/KRY_MDA_FS_Q3_2009.pdf

7 weeks (or 1.75 months for those of you keeping track) till we have insufficient cash to fund operations. GLTA!

Share
New Message
Please login to post a reply