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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: New question - EZ, no_bear,jimmijazz, et al

A standard interest rate is reasonable to tack onto the cost basis so our minimum will be significantly increased.

Also, the higher interest we have to pay on the new note, plus the CVR is also an additional DIRECT cost. We would have been able to pay the original note with no need for a CVR or high interest rate/etc. if the permit was issued timely and our contract not cancelled.

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Oct 19, 2011 05:43AM
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