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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posted on Mar 28, 2009 05:05AM

turco, i know you have a love for the russians but riddle me this, honestly.

how on earth could any form of venture with rusoro be good for kry/grz?

1. rusoro has no money, permit, equipment

2. rusoro is approaching 1bil shares out and is listed on the pink sheets with unaudited filings that investors dont seem to believe...

3. a change like that would most likely trigger all kinds of lawsuits, calls on loans, etc. and we'd have no gaurantee there would ever be a permit issued.

how about this scenario?

grz and kry both get permission to mine and work LC and LB under thier current contract/concession.... then the whole area is being mined and you end up with the same thing as if it was a combined project....rusoro is allowed to go defunct when the books finally catch up to them...

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