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Gold/Mining/Energy : Crystallex (KRY)
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To: charred who wrote (10169)10/31/1999 1:53:00 PM
From: Valuepro  Read Replies (1) of 10836
 
Charred, "About the potential reserves, the intersections were located 50 meters below the open pit. Cash costs per ounce mined at the moment are $200US. In an open cut, the deeper you go, the more you have to move back the pit walls. This means that the waste to ore strip ratio will increase which will make each ounce of gold more expensive to mine."

Why do you ignore the results of drilling outside the pit and along strike? Because it hasn't been proved up yet, and added to reserves? Of course, that's the answer. SG has no more potential that the proven reserves. So, let's go out and bad mouth the company because management holds no shares (publically), and because they are stealing from shareholders, and certainly care nothing about their options which are worthless. Right?

VP
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