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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: tanoose who wrote (10054)	8/18/1999 7:47:00 PM
From: charred	Read Replies (1) \| Respond to of 10836

Hello Franky and Mr Syncrudito, they are doing well at the mine. They did great to lower cash costs down to $196US. Hats off to the Engineers for that. However too bad most of the cash flow will be paid eventually to Stay Management. Again Mr. Syncrude, is it a good deal for the KRY shareholder? Wouldn't it be better that there was no payments to Stay Management. Syncrude has a hard time answering this question, maybe you can do it Frank. Taking a look at the balance sheet I notice that the liabilities decreased by 1 million over the 6 months. The question is when will the debt be paid off? What happens when the reserves run out in 5 years? They will still have debt, plus the big payments to Stay Management who are directors of KRY. Sure assets increased over a year to 107 million from 73 million. Kind of funny they don't mention that debt increased by the same amount. You got to remember that management is gearing up for round two for LC. It will be taken out of the cash flow. Syncrude, question, how do you receive your dividend?