My take on this

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

geerc

Rank: Mail Room [?]

Points: 19 [?]

Votes: 3 Score: 2.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

My take on this

posted on Feb 07, 2011 09:01AM

First time post but have held KRY for over 6 yrs. The MOC was issued to KRY but to complete the JV process it would need to be re-issued to the new JV. Legally this could probably be done quite easily and simply but that way may show KRY still being involved. This way Hugo gets to pound his chest to show he threw out KRY. KRY says arb is probably next move to further reinforce the idea they are really gone. So now KRY is gone and the revolution lives on. The MOC can now be issued to JV with absolutely no mention of KRY. Hugo has screwed the capitalist and is giving the MOC to China. Politically smart on his part. JMHO.