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Gold/Mining/Energy : Crystallex (KRY)
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To: John Dally who wrote (10156)10/31/1999 12:54:00 AM
From: charred  Read Replies (2) of 10836
 
Your calculations don't include the debt. What happens in 4 years. When the reserves are exhausted, will KRY be able to pay off the debt. They can if they get another producing property, however if the next property is used to pay off the last property, then KRY will be losing money.

I feel KRY will not accept a PDG offer since it won't be much.
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