EZ's take.

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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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KRY1997

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EZ's take.

in response to

Re: market on monday/ share reaction

osmo

posted on Nov 13, 2010 11:17AM

I have communicated with EZ and his take on the recent PR .....

Hi There,

Jimmy Jazz says:

""After reading this again I think what it is saying is that VZ wants CRRC and KRY to close their deal before considering issuing the permit which would mean a change to the A&F Agreement.""

Everybody seems to be in a flap about some clause on Page 20. I think JJ and Makin are right and the motive behind it is, signing a the deal with the Chinese would supersede the MOC in legal standing and KRY would no longer have the right to file for arbitration against Venezuela. Their only legal recourse would be against the Chinese.....I think.