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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Article with KRY

Re: Article with KRY

posted on Dec 13, 2007 12:00PM

I care to discuss.  What is the difference between an operating contract and a license for example?  Will the tax rate change?  VZ "already owns the mine" and CVG 'is a VZ entity'....does that mean we're safe from the equivalent of 'joint venture' (i.e. having the terms of the operating contract made less profitable?).  If they decide to "take more and give less"...will they help defray costs incurred to date?  I know that this may sound ill-informed to some on this board.  Trust me....I REALLY, REALLY want to believe what KRY says about the 'new mining regs not affecting KRY' and go with the positive thought that the KRY operating contract is the model upon which the mining regs will be based going forward.  I've hoped for a lot in this stock.  What I have is over $80,000 of borrowed money in the hole.  Yes...to answer your question....I care to discuss.  A tiger doesn't change its stripes.  Hugo takes things.  That is what he does.  At this juncture I am more worried than say back in May that Hugo will want to take more and give less than was originally agreed to.  If, as Cramer once said, "Hugo won't let KRY make as much money as they should"....what will be the worst case impact on share price short term?  Long term?

PS:  the good news is that we will certainly know wthin 18 months where we stand

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