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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: Help me out.

Apr 01, 2010 10:21AM

Apr 01, 2010 10:41AM
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Apr 01, 2010 10:44AM
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Apr 01, 2010 11:46AM

If the accountants believe the recoverability and expected cash flows of an asset will not exceed the carrying amount, an impairment entry is booked. I think in light of all that has gone on, their accountants had to book this entry. FWIW, GRZ booked one as well.

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Apr 01, 2010 12:02PM
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