Re: The Elections (and timing)
in response to
by
posted on
Sep 27, 2010 05:08PM
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
From my point of view, as I've said, CRRC is the PRC. I don't think they care too much about KRY's shareholders. They will not sign until the permit is 100% guaranteed, if not actually in hand. They are not going to bear any risk that KRY's shareholders don't approve this thing. If all shareholders have to formally vote on this, with the 30 days' notice, etc., then KRY has to get that out of the way before the final deal/permit are cast in stone. That's why I wonder whether KRY can get away with 50% plus 1 of the shares being on board, and therefore KRY's "voting" may already have taken place.