Re: The Realities of Las Cristinas
in response to
by
posted on
Aug 13, 2010 10:49PM
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
First off, the 'bitch bitch bitch' was in general, not aimed at any one in particular.
Cividale, since when are there guarantees that any deal will go through, until it has. It's just impossible. There are monetary safeguards in place if the deal falls through. However, there has been absolutely NO indication that that is what is happening. Deadlines are there to be broken.....sh#*t happens.
Why is it that all the naysayers seem to be prescient, and would be able to absolutely know that any timeline made by THEM would be met. Kinda like knowing the future. I can't count the times that it has been stated that this is a very complex deal....add in dozens of lawyers, speaking 3 different languages...( besides speaking from the side of their mouth) and it gets even more complex...Throw in three languages...three jurisdictions...three legal systems, countries that are thousands of miles apart, and the 'what can go wrong will go wrong factor', and we're probably doing just fine.
There are some very intelligent people out there, who should know how business works. Stop analyzing this to death, for goodness sakes....I've been in this for over 10 years too, and I need some returns REAL bad, but complaining and second guessing, and always finding fault in management is completely fruitless, and in my opinion, misguided.
RM is NOT privy to everything, and it's likely that nobody knows ALL that's happening at any one time. And besides, what can we expect, with China involved. They're in this for the motherland, and the long term. A month here or there will mean nothing to them. The Chinese are also VERY thorough, and we're dealing with VZ. Let them do there job, and do it right, the first time.
Kry and Fung pulled a rabbit out of a hat. For heavens sake, give them some slack.
Pen