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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: CITIC deal

Citic is now the 5th, I believe, company to whom Hugo has promised Curly's gold in the last 13 years. ---Placerdome, Vannessa Ventures, Crystallex, Rusoro, Citic.--- Regardless, not an ounce has ever been legally mined. I would caution Citic that this is an extreme case of caveat emptor.

Having said that, if in fact the mine does begin production, then I believe it enhances the merits of our arbitration claim.

I would not, however, count on cry's "secret stash" of LC data to prompt citic to buy us out or pay us handsomely for the data. I suspect that any and all materially useful info was turned over to mibam and/or minamb during our painfully long permitting process.

All in all, ANY news on movement in LC is good news right now in my eyes. At least we know someone is thinking about it....which, by logical implication, means they must have us somewhere on their radar. Perhaps we will obtain the status of squeaky wheel. Let the grease flow...

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Sep 22, 2012 02:28PM
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