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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: Pros and Cons of RML/KRY Merger?
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Feb 12, 2009 08:20AM

Re: Pros and Cons of RML/KRY Merger?

posted on Feb 13, 2009 06:23AM

I don't understand why are people getting all worked up on wanting RML and KRY to merge right now? KRY should stay away from RML.

"On November 28, 2008, Crystallex delivered a letter to the Government of Venezuela notifying it of the existence of a dispute between Crystallex and the Bolivarian Republic of Venezuela ("Venezuela") under the Agreement between the Government of Canada and the Government of Venezuela for the Promotion and Protection of Investments (the "Treaty").

It is Crystallex's intention to settle the dispute amicably within six months."

We will know what is going to happen in less than 4 months.

A new mining law maybe coming soon.

Keep in mind that most of the Russian's mining LC talk has been from RML. Hugo has made a few brief comments, but does he actually know what is going on? Is he just trying to rally support for himself speaking out against transnational companies? Sanz has said Venrus would not be mining LC and nothing about KRY not mining it.

Don't be fooled by RML. They want in on LC and are creating all the drama.

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