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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: The 'government's share' factor

Has anyone out there put this into the equation? When KRY was the sole operator, they were only getting about 60% of the profits, due to VZ's taxes and royalties etc.

That put's a different value on the $$$$ value with regards to the 1/3 share of profits from LC, once the mine is up and running.

Another thing I noticed, was that there was a comment made about building the mine 'to maximize output'....wouldn't this mean that they will be able to process more tons per day than what KRY's original start up was going to be?

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