Welcome to the Crystallex HUB on AGORACOM

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: from Otto's Blog

no bear, while I have no intention of making this a KRY vs GRZ discussion your comment "GRZ has a ling (sic) way to go on financing and buying equipment. " is not quite right and at least we should try to maintain accuracy in statements of fact on this board.

GRZ already has quite a lot of new Cat earthmoving and mining equipment on the ground in Venezuela and their two SAG mills were ordered and have been under construction for a year already. Most of their long lead time equipment was ordered last year, so my guess is that both KRY and GRZ are about the same in terms of equipment procurement and both will need additional finance to complete their respective mine construction.

http://goldreserveinc.com/documents/...

Scroll down to page 10 for photographs of the gear GRZ has ready to go.



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