Re: Merger - shareholder rights
in response to
by
posted on
Apr 30, 2008 06:49PM
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
I would argue that they are steps in a multi-stepped process and until you've climbed all of the steps, you don't get the prize. I don't think any passive acceptance would be construed as governmental action in any regard.
That being said, I've had a quick glance at 1257 and I think acceptance of the EIS might make for a good argument. Keep in mind, I have ABSOLUTELY no knowledge of VE law, my statements are purely and humbly in my own opinion. Each should do their own DD.
Here is a rough translation of Decree 1257, Article 40 which KRY says doesn't apply to them... Not so sure...: