Re: FINAL BOTTOM LINE- Why?
in response to
by
posted on
Jun 15, 2012 08:16AM
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
The 3.8 billion was used in the initial announcement but that was before Compass Lexecon had fully completed their valuation. Sorry, the 3.4 is no typo, that's the number CL came up with. This next thought is pure speculation on my part, so it could be completely wrong, but maybe KRY management was including an interest calculation when they first used the 3.8 billion number. But RM made it very clear to me that the 3.4 number does not include any interest. KRY has asked for interest on the claim, but they feel the panel is sophisticated enough that they will be able to arrive at the appropriate number on their own.