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Gold/Mining/Energy : Crystallex (KRY)
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To: Bill Jackson who wrote (7070)3/18/1998 8:14:00 PM
From: charred  Read Replies (4) of 10836
 
Hey Bill Jackson and Canpolo. You guys don't get it. The congressman doesn't have to answer to the shareholder of KRY. He doesn't speak for the Venezuela government he speaks for the Venezuela people. He could be a defender of the poor. Why criticize him. He certainly doesn't need your vote. In Latin America money talks and poor always gets crushed. Yes he is up for re-election. Maybe he is the one looking out for the poor. Who are you to say he isn't. Why listen to Roy Carson. There isn't a lot of high paying jobs in the kilometer 88 zone. He is talking about people who make $5 to $10 per day and try to support a family. They don't have a safety net like you do in the US or Canada. How much do you make from government if you lose your job?

Bill I don't know where you get your information "What a nut, the jobs will be the same for both, more or less and the KRY proposal with several smaller operation will need more hands and so KRY will make more jobs"

KRY proposes a smaller operation and will need more hands. Why would they need more hands if it is a smaller operation. What a joke. Bill think about it. The grade is 1.26 grams Au/tonne. Therefore each tonne of rock has about $11US of gold per tonne of rock. KRY's idea about a smaller operation is a joke and is misleading the investors. The idea is similar to mass production. The more you produce with a larger plant or mill the price per unit produced will drop. The same goes for mining. The PDG engineers already determined the best ROI is a $600,000,000 investment. They determined most optimal mining method. A smaller operation will make a the cost per ounce of gold produced to increase therefore a poor return on investment. When you are dealing with a low grade deposit, you need bulk mining methods. I sorry management is pulling a fast one on you.

Arriba, Arriba Venezuela
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