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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: FOR ALL SMALL INVESTORS
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Jul 02, 2010 12:21AM

"Where do you get $2/sh from. 6 bucks was a minimum guesstimate before they had a joint venture, now with the possible JV the company is worth much, much, more."

$2/sh comes from a look at a few NPV calculations, based on an imminent buyout senario, with the 1/3:2/3 JV in place, 60kt/d as the assumed optimal tonnage, with 25.5M oz mined.

IMO,

Regards

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