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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: 1. Arbitration? 2.Lack of Distinction btwn. Las Cristinas & LasCristinas Project

1. Arbitration? 2.Lack of Distinction btwn. Las Cristinas & LasCristinas Project

posted on Jan 27, 2009 09:28AM

1. Does KRY REALLY have to wait until May27/09 to File for Arbitration or can this be expedited without endangering our MOC or our legal rights?

The price of gold keeps going up, but our pps is being supressed. And KRY Management just watches. By May 27th, gold will be hitting 1000 or higher and our pps may still be in the tank without having received any "clarification" from Hugo or Sanz. This would put negotiations by KRY AT A DISADVANTAGE, IMO. Opinion, please.

It seems to me that KRY should have filed for ARBITRATION immediately following the negative from Ortega's MinAmb (Ministry of Environment)in April/09.

2. Bye the way, there is NO DISTINCTION made in the various news releases between the Las Cristinas auriferous area in the Imataca Forest and the Las Cristinas PROJECTS of KRY ( Crystallex Int'l).

The CUYUNI Drainage AREA of Las Cristinas has been approved for mining, and is this the area now being called Las Cristinas in the various negative press releases and referred to by Sanz? Or does "Las Cristinas" specifically mean KRY'S Las Cristinas PROJECT AREA.

Seems to me that NO DISTINCTION is being made, and this might explain a lot of the misinformation and bad press regarding KRY. Clarification sorely needed.

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