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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: Just off the phome with RM

Per conversation just now with RM:

There are 365,000,000 share outstanding

After debt and penalty payments worse cast the shareholdeer should see a 40% share of the award.

Penalty payments will be dependant upon when the debt is payed. Let's assume

$200,000,000.

The combined board and remaining employees of KRY hold over a million shares, not to mention the numrious ex employees friends and reletives.

My (again these are MY calculations and no one elses) very simple calculations (six cells of an EXCEL spreadsheet witha 45 second investment of time) comes up with:

.5B award = 32 cents

1.0B award = 87 cents

2.0B award = 1.98 dollars

or, better than a poke in the eye


Nov 08, 2013 01:36PM
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