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

To: Syncrude who wrote (10158)	10/31/1999 1:06:00 AM
From: charred	Read Replies (1) \| Respond to of 10836

It seems that you are starting to agree with me. Now only 350,000 ounces. Any idea what the debt is now? Oh BTW, what is your mining background?

To: Syncrude who wrote (10158)	10/31/1999 10:34:00 AM
From: John Dally	Read Replies (1) \| Respond to of 10836

Hi Syncrude, If the "cash cost per ounce" is $200/oz and the POG is $300/oz, why wouldn't they be able to achieve cash flow of $100/oz? I assume that "cash cost per ounce" includes maintenance and repair costs, but not the cost of building additional facilities. If the mine were to be exhausted in 4 -5 years, I'm assuming they'd just run the equipment "into the ground," i.e. no additional capital investments. I'm unable to argue about the actual amount of reserves. On their web-site they state "1999 Mineable Reserves - 447,750 ounces Au:" crystallex.com Also, here's the "Update on San Gregorio:" crystallex.com Perhaps charred can tell us what it means in terms of the prospects for added reserves! Best regards, John.