Anybody have any thoughts on what 51% ownership by VZ would mean for share price

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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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Anybody have any thoughts on what 51% ownership by VZ would mean for share price

posted on Jan 22, 2008 07:16PM

....based on the question\answer excerpted from the following November 08, 2007 article?

http://www.zibb.com/article/2152028/DJ+Crsytallex+Hopes+To+Secure+Venezuelas+Mine+Permit+Soon

Mining Minister Jose Khan has said that a law proposal calls for all deals, including operating contracts to become joint ventures with the government in control.

Crystallex has not considered the possibility of a joint venture agreement or what it would do under those circumstances, Cottin said. "Unfortunately, in this business there is no plan B," he said. "If and when this joint venture issue becomes a reality, we will evaluate it."

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