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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: Reasons for a higher pps

Reasons for a higher pps

posted on Aug 23, 2008 12:53PM

Lets not forget the company just said the denial is no longer a factor "Crystallex has been advised by Venezuelan Counsel that in practical terms this letter supersedes the effects and position of the April, 2008" so now we have no timeline waiting for a response from Minamb on the denial that is over and put to bed. Mid Aug Merly Garcia said that 4M hectares would be allowed for mining. Yesterday Minamb just said that KRY's proposals met their criteria. In June the gov't asked for all of this to be expedited. It has now been expedited and the permit will arrive shortly. When the permit arrives KRY will no longer be a junior miner but a major...no longer a speculative play. No need to worry about being nationalized because KRY is already a contractor for the gov't.....so NO I will not sell below $10.

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