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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: National Mining Companies Must Absorb the Small Miner

I agree. The lack of any public dialogue\international diplomacy with Canada on the Presidential level (I don't recall seeing Canada as a stop on Chavez' many globe trotting trips) mirrors the lack of PR for Crystallex (versus Rusoro) as a foreign mining firm. I believe that whatever deal is struck will involve the Russians. My guess is that if that is the case we can kiss anything resembling $10 per share goodbye. Why would Chavez pay us anything near that? We have our back up against the wall at this point. What are we going to say..."We're going to sue you" We have no bargaining leverage and are in no position to dictate terms. We're almost out of cash in a credit starved economy with our share price in the toilet. We're takin' what they're givin' cause we're workin' for a livin'.



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