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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: Scenario

Re: Scenario

in response to by
posted on Mar 22, 2009 08:11AM

You maybe correct about waiting till every social obligation is meet. I don't think anyone really knows why we haven't been issued the permit of then VZ themselves.

I do think once the last obligation is completed all the arbitration power falls on Kry side of the table. If completion of the projects are wrapped soon this gives VZ less than 2 months to issue the permit before the May 28th.

All I know for sure is that I've been in Kry for a long time and with the clock ticking on the 6 months deadline there is no reason to sell prematurely out of panic. It almost doesn't matter what price we end up with as long as there is an end to the game. I'll either be the dumbest SOB around or my faith in Kry bring this saga to a positive conclusion will be rewarded.

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