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

To: viper who wrote (5134)	2/11/1998 4:35:00 PM
From: Fulvio Castelli	Read Replies (4) \| Respond to of 10836

If we attribute the current market cap of KRY STRICTLY to LC 4&6, and assume 20 million oz's of Au and assume 40 million shares of KRY FD, we get a current market price of about $20/oz for this property. Now, how many properties with proven resources such as LC trade at this ridiculously low price? Then there is Albino and their other Ve. properties, Brazil, KM88 consortium and other intangibles such as the premium associated with knowing that players like Robert Fung will be available; big money players who have proven track records of attracting financing for large capital projects. What does all this add up to? Shorts eating their shorts. Have a nice day.