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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: Have a Question?

Re: RE: Have a Question?

posted on Jan 02, 2009 06:31AM

Thank you Sasa for the quick response.

What I meant by "worst case" was, if permit is not issued, then what, is there a possibility for a buyout from a major or perhaps, will Russoro make an offer to KRY like they did for GRZ? Another words, this seems like a win win situation to me, even if it takes 6-18 months. The gold is in the ground and a lot of it, KRY is more than half way. There's talk that Russoro received permit for the Increible 6. I'm confused, if Chavez siezed mines in VZ, why is RML getting a permit and not KRY. Wouldn't it easier to get a permit if KRY offered Chavez a little piece of the pie?

Oracle

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