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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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Message: Re: enough is enough
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Dec 24, 2010 10:04AM
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Dec 24, 2010 11:14AM
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Dec 24, 2010 11:52AM

“Sorry Whyme11 but I don't think they can put that in writing because it's not true. Clearly everything is NOT on track or the JV would have been completed by the end of the first publicly stated target date or the second publicly stated target date. And clearly KRY is thinking about arbitration (or they should be) because the calendar is running out”

Cividale,

I beg to differ... I believe that everything is still on track in terms of JV with CRRC... It is clearly evident that JV means much to CRRC as is to KRY... CRRC has so much to gain from very little upfront investment... after all, they are getting 2/3 of LC for doing nothing... I believe it is KRY holding up the JV.

I am glad that KRY management has some sense to wait for the environmental permit (issuance or assurance from VEN/HUGO) before agreeing to the JV with CRRC. Can you imagine what will happen to our share price once the JV is finalized without the environmental permit and KRY finally decides to take VEN to arbitration?

Still frustrated long time investor

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Dec 24, 2010 02:49PM
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Dec 24, 2010 06:33PM
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Dec 24, 2010 06:49PM
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Dec 24, 2010 10:15PM

Dec 26, 2010 11:11PM
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