Re: is this part about tomorrow true? Taken from yahoo board.

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

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turtlefoam

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Re: is this part about tomorrow true? Taken from yahoo board.

posted on Nov 25, 2008 02:52PM

Sorry but I used to believe that KRY would eventually get the permit, but not anymore. After looking at the original contract signed back in 2004 timeframe, I realized a 4% royalty was a joke and I don't blame Chavez for not wanting that deal.

Nothing worthwhile comes from the yahoo board.

Besides the 4% royalty payment, the contract calls for 40% of net income plus we fund all those projects.

When all is said and done our contract is in the ballpark of a 50/50 relationship.

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