Re: First questions for the annual meeting

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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zwilzric

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Re: First questions for the annual meeting

in response to

Re: First questions for the annual meeting

EZ Street

posted on Jun 21, 2010 01:35PM

It's an open pit mine. You start at the top and mine down at the rate of 20k tons/day getting whatever gold you can out of that amount of ore. (about 1 gram/ton)

It doesn't seem right to assume, without any justification, that we will find more gold/ton than anticipated, or that VZ will allow more tons/day to be processed.