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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: Resource estimate
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Jan 14, 2009 04:47AM
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Jan 14, 2009 04:58AM

Jan 14, 2009 05:07AM
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Jan 14, 2009 05:12AM
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Jan 14, 2009 05:18AM

Jan 14, 2009 05:54AM

Bloomberg story said "to mine Las Cristinas, a deposit containing an estimated 35.2 million ounces of gold, Venezuelan President Hugo Chavez said"

Even if you take into account Grz's 10 million ounces the figures are much larger than what we list as reserves.

Either we have more gold, Grz has more gold (Rml drilling on Grz land) or because of reporting regulations we can't say how much gold we have. I remember Sanz talking about LC having 25 million ounces last year.

I wonder where this 35 million figure comes from?


Jan 14, 2009 06:25AM
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