Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

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Re: KRY v GRZ (simple math)

over 13 years ago

KRY v GRZ (simple math)

Crystallex International

over 13 years ago

GRZ's claim=$1.9B

GRZ's outstanding shares=59M

$1.9B / 59M shares = $32/share

KRY's claim=$3.8M

KRY's outstanding shares=365M

$3.8M / 365M shares = $10/share

I'm not saying either will be paid off what they ask for and I know there are other factors like size of the deposit, equipment, debt but this shows that the o/s shares (dilution) plays a HUGE role in valuing these companies.