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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: New mining bill could decide future of Las Cristinas, Las Brisas

"There has been talk of combining the projects because of the deposits' geological characteristics, which are uniform. We have to wait to see how the criteria is drawn up and see if it can be done," DGPEM head Javier Medina told BNamericas.

He added that "it's not advisable" to begin developing the deposit right now, given the current discussion about the new law and possible changes.

"It's probably best to avoid starting on the wrong foot and then have to change things after there is more money involved where the legal issues will be the most important point to settle," he said.

Honest to God...are they F'n serious? They don't want to START OFF on the WRONG FOOT! This goes right up there with the statement of the Gorilla Lady after waiting for a year after posting bond and taxes. The only difference is that it is coming from a spokesman from a subsidiary of our "partner". KRY management needs to clear this up NOW!

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Oct 17, 2008 08:16AM
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