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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: Re: Question-turtlefoam
3
May 10, 2008 01:33PM
1
May 10, 2008 01:41PM

May 10, 2008 01:56PM

Re: Question-turtlefoam

in response to by
posted on May 10, 2008 01:59PM

I believe there were many that were blindsided. Below is what RM communicated to me in an email:

-----Original Message-----

From: Richard Marshall [mailto:the-technician@msn.com]

Sent: Wednesday, May 07, 2008 6:31 AM

To: 'XXXX'

Subject: RE: Value of KRY

Mr. XXXX, the Company and CVG were also blindsided by the letter, its position and implications. We are actively working to gain full understanding of the scope of the letter, its full effects on the project and thus the appropriate steps to deal with the letter and situation. Unfortunately last week was a big holiday week in Venezuela and those that weren't off were consumed with problems and labor issues surrounding SIDOR.

We believe there are steps to deal with the letter.

We have Crystallex reps in country and will update shareholders once we have information beyond the April 30th news release.

Regards,

Richard

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