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: The Open Letter

* In the same professional and responsible manner that it has always displayed, the Company is obligated, at this time, to make adjustments and take measures for adapting the project activities to the new reality--which we all hope will be temporary, only until the latest developments that have hindered the pre-existing rhythm that had been achieved, are clarified.



This part is extremely interesting. I read it as an indication that KRY will be cutting back the continued investment in the community projects underway until the permit issue is resolved. Would be nice to have this confirmed and if possibly quantified. If valid it begs the question as to what impact this will have on the cash reserves of KRY and the timeline to running out of the same.

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