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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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posted on Feb 25, 2008 06:13AM

The one thing i took away from our talk which was 45MIN. was  the talk that went on with the refinancing. Everyone acknowledge that gold was running out in most of the mines and there are not many new ones.  LAS CHRISTINAS has a huge deposit ( there may be more gold there then reported ssshh lol ). RM said even  if gold goes to 600 KRY can make money. That is also including the fact that mining cost are going up. 

By the way KRY can't talk about what is going on when refinancing or it will be construed as promoting  (illegal )

oh yes  HUGO GETS 6% RIGHT OFF THE TOP THATS IT!! KRY does have taxes to pay but it 6% royalties.

So what is being done to get this permit ? lobbying at all levels and he firmly said that's all that can be done period or it might jeopardise the permit .

BOSS KENT

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