Crystallex (KRY) Message Board

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Gold/Mining/Energy : Crystallex (KRY)

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To: Valuepro who wrote (4474)	1/25/1998 12:11:00 AM
From: Gary H	Read Replies (2) of 10836

Thanks VP, Your thoughts and asperations are generally the same as mine. Trying to fix a value come D day is a quandry to me. I have often heard people mention the value of "gold in the ground" and have little or no idea of how to determine this. Speaking of this, does anyone know of a book or reference as to how one would calculate this figure. I'm sure it would vary from location to location. For the expected price, my simple method of # of Oz. X (POG-cost)/# of shares comes out at a figure which I'm sure is too high. I'm sure what I'm missing is the time element - the life of the mine and probably a few more items. If anyone can point me in the right direction, it would be greatly appreciated. Cheers,

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