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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: Sunk Cost
2
Jun 07, 2010 12:00PM
5
Jun 07, 2010 12:03PM

I get that as I stated.

Will have to wait for the filing to see how sunk costs are treated.

Also, what will VZ want? Will the MOC stand or will a jv have to be established with VZ? The press release implies LC will be mined under existing contract but until permit/approvals are issued and deal is closed next quarter we won't know.

Hard to price until we get the filing and then have to make some assumptions.

3
Jun 07, 2010 12:35PM
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