Re: If Crystallex

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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no_bear

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Re: If Crystallex

in response to

If Crystallex

stumann55

posted on Jul 30, 2010 02:49PM

Stu, reread the preliminary agreement -- China Railway has to sign off on any press releases, so it is not up to Crystallex when to tell you about the status of the JV. China is doing a lot of stuff in Venezuela and they may want to release news on the timeline that works best for their overall plans.

Talk to RM and listen carefully for clues. If China Railway didn't want the deal they would not have negotiated a big JV agreement and loaned us money.