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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: Why the 35M$ financing ? zwizric
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Jun 10, 2010 11:07AM
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G
Jun 10, 2010 11:51AM
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Jun 10, 2010 12:08PM
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G
Jun 10, 2010 12:18PM
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Jun 10, 2010 12:23PM
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Jun 10, 2010 12:25PM

No, by my reading, that is specific to the updated report and permit from this point forward.

The negotiations for the A&F agreement will determine exactly which expenses by Crystallex will be credited as to having gone toward the MOC and will be considered an investment by us.

Obviously, RM's decaf Lattes at the office are not part of the expenses incurred under the MOC. Also, it seems pretty clear that required social spending was required. Everything else needs a review by the accountants for both sides in the negotiating process.

(Not directed at you z) but it amazes me how people whine that they want info from the company and then when they get the preliminary deal parameters, they bitch because it is not fully complete and 100 page contract yet. You can't have it both ways. You want to know now, or you want to wait until every detail is completed -- choose one.

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Jun 10, 2010 01:00PM
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Jun 11, 2010 04:36AM
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Jun 11, 2010 05:20AM
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