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: Permit must come by July 31

CRRC has agreed to negotiate with the Environment ministry in conjuction with the CVG to obtain the permit. I imagine the executive is involved as well. This must be in place prior to the closing no later than September 30th.

The permit can be issued at any time which will be made public when official. It can occur before or after shareholder vote. I believe the company is of the opinion that support exists. I support the partnership whether the permit is issued prior to voting or not. I don't think shareholder vote has any influence on the timing but will get done as soon as possible.

I now feel the upside is not limited by the partnership but is enhanced from a long term perspective. The partnership entity can expand beyond the current MOC into other opportunities in VZ. Obviously, this is the long term upside. Short term I anticipate a 300% gain by end of q3. I imagine this will come in stages as announcements are made starting with clarity at the AGM. It is clear now but the masses will understand after the AGM. Interest in Crystallex will build quickly imo.

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