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Gold/Mining/Energy : Crystallex (KRY)
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To: John Dally who wrote (10191)11/1/1999 7:18:00 PM
From: richard badauskas   of 10836
 
I understand that they had several deals fall apart, in one case a higher bidder beat them, in another the other party did not like all of the controversy surrounding LC and did not proceed (I assume a share swap was proposed).

With regards to SG development. It seems a "good chance" that production over the next twelve months may double, some IF's here. Guessing that they are looking at increasing reserves by several hundred thousand ounces over the next few qtrs based on KRY comments about wide, good grades next to open pit and possibility of an additional heap leach operation to treat lower grade ores found away from the open pit area.
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