Re: contingent permit (aka why our PPS sucks)
in response to
by
posted on
Jun 14, 2010 12:39PM
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
Kry will be a minorority owner.
Kry will not be involved in building or operating.
Chavez/VZ will not be dealing with Crystallex anymore.
For LC, the name 'Crystallex' will fade into the night.
Crystallex will be but a 'silent partner'.
Chavez/VZ will be dealing with a Chinese company.
The new JV company with not be 'Crystallex'.
CRRC (China) will be the entity that Chavez/VZ will be negotiating with for the permit.
Chavez/VZ would be denying CRRC(China), not Crystallex, if they refused the permit.
Chavez/VZ will be 'partnering' with China to mine LC., and they will give China the permit.
Pen