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: general gold stocks

Richard said that KRY will start promoting the stock to the institutional investors after the JV is set up, MOC transferred, and permit granted.

That's understandable. Most of us are inclined to think that this is effectively a "done deal", with only loose ends requiring resolution during negotiation prior to the announcement on July 30th. Assuming that is the case, I would certainly think that the terms of gold sales to the central bank, exchange rate terms and at least some reassurance on the permit (presuming Hugo is deferring the permit announcement to maximize political impact going into the September elections) could be anticipated by investors with reasonable expectations.

If we don't receive these assurances on or before July 30th.....you have to wonder what kind of negotiating strength KRY management actually has.

How can an investor be expected to evaluate any "deal" without this basic, fundamental information?

Let's hope we don't have to go to the August vote lacking clarity on these issues.

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