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Gold/Mining/Energy : Crystallex (KRY)

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To: tanoose who wrote (4767)2/8/1998 2:16:00 PM
From: charred  Read Replies (2) of 10836
 
Hello Frank

I state my opinions, What is wrong with that? I question the source of the data. The data which Fulvio is interesting and I thanked him for that. I would like the source. It seems to me that you very proud of yourself because of your DD.

About knocking me off the thread. Is that a threat? Big words on the net. I'm scared.

About my work etc. None of your business.

KRY does have a case. I didn't say it was my decision. I stated my opinion.

About the reserves for Abino. The news releases stated the there are two shears. I give KRY credit they have done an aggressive drill program. With the amount of drilling they reported 309,000 ounces of gold. Take a look at the drill intersections. It shows the shears are dipping. The surface in Venezuela is flat, therefore the stripping ratios will increase away from the present open pit. Therefore they will eventually have to go underground. This means higher production costs.

If the KRY geologists say that there is 2.5 to 3 million ounces of gold there, and if you believe it, that is your problem. Think about it. They have this property for 4 to 5 years and drilled many holes. Then why did last year they released only 309,000 ounces. Any other company would have know the exact reserves by now.

They will not publish 2,500,000 ounces because they can't prove it. Tell me why you think there are larger reserves on the property? This is part of the DD.

Besides KRY, how do you choose a mining stock to invest in?

P.S I will stay on.



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