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

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Message: Why the 35M$ financing ?

I need 2.5$ to break even. Is it possible?

Easily, just let the hit from the share sale pass and the reality of the deal become more clear. The AGM should answer a lot of the sceptics. We finally have a pretty clear and short time horizon on starting the mine.

The updated report from SNC Lavalin is underway, and will provide a better picture of the gold quantities and costs at today's much higher gold prices (recall that 16.8 million oz was at $550).

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