Re: Forestry law....here we go CJR
in response to
by
posted on
Jun 12, 2008 08:35AM
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
"if this article is true then we are very close to finding out..sounds like some additional taxes and maybe a "must sell the gold to venz" clause...."
Somebody refresh my vague memory on this, but I recall that we do have to sell all the gold to VZ until we get a license, which would allow us to sell 85% outside the country and 15% to VZ.
A while back RM commented that KRY had applied for such a license already.