Welcome to the Crystallex HUB on AGORACOM

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: old but worth a look!
5
May 11, 2009 03:49PM

this is a very good article and there are many reasons to stay positive

Despite all bad rumors, there are no facts to feed these bad rumors

Fact is:

Crystallex is sitting on a gold mine with 40 years of mining contract in good standing

We are not Rusoro, we are not Gold Reserve, WE ARE CRYSTALLEX!

May be we are like Google back in ’98, and many of you here do not know…

''Fact: Crystallex continues to finance as necessary and already has equipment ready to be moved to start immediately. The mine will be built shortly after the issuance of the final permit, which in Canada takes close to 10 years in some cases.

Venezuela has recently made changes to the ministers due to the elections and those officials are now concentrating on the new mining law as well as projects awaiting approval. Permit concerns have already been evaluated and are currently in the administrative phase. A total review of KRY contractual obligations has been completed and stated as everything in order as of Venezuela mining laws.



and...

Fact: This is meaningless. This is the case based on every company.

What is clear is that Crystallex is sitting on a gold mine with 40 years of mining contract in good standing. Crystallex is an example of the way Chavez sees mining, in his views of socialism in the 21st century; after all it was he who approved Las Cristinas. This socialist view is where a mining company gives back to the community by social programs, as well as environmentally. They won an environmental award already based on their way of mining and have been granted the operating contract for those reasons.



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