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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: KRY in the sweet spot

KRY in the sweet spot

posted on Jun 20, 2008 09:09AM

Yeah, the selling today is probably related to the S&P/TSX index issue.

OK, KRY does not have a concession as we know. They (we) have a contract to build and operate a mine.

Kry has worked with VZ on the envionmental issues to their satisfaction, per the contract. The Ortega issue is not strictly a Las Claritas thing, but the entire mining situation in VZ.

Given that Hecla sold to Rusoro, Sanz can now concentate on the new mining law and getting Bolivar province settled.

We're within a month of something good, and that's before Easter, lol.


Jun 20, 2008 09:12AM
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