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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: Sunday Humour

Sunday Humour

posted on Nov 02, 2008 10:54AM

If the permit doesn't arrive before the Regional Election of Nov 23, I believe, KRY Management has to provide the shareholders with an update of what's going on with the issuance of the permit, or initiate the litigation process.

In no particular order, the top 5 reason's why no permit-

#5 The Vens are finally going to draft new mining laws.

#4 Ortega's rule "no mining in the Imataca Forest still stands"

#3 Stalled partnership or buyout offer from the Ruskies.

#2 One project, one pit, one processing plant (GRZ/KRY - amalga)

#1 We haven't reached the quoto costs for social programs.

Any other reasons for the delays?





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