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

Free
Message: Down Trend

I am not God but your answer to why the stock PPS is waining might have been revealed in the NA meeting minutes (see below)

Following, Attorney Norelys Lucena González had the right to speak,

who identified herself as “the Legal Counselor for the Ministry of Basic

Industries and Mining, the Ministry that exerts tutelage over the CVG”,

and declared the following: “What has been declared by the

representatives of Crystallex is true…lets be reminded that the

concession was granted by the Venezuelan State to the CVG and in

turn, the CVG signed an operation agreement with Crystallex for the

exploitation of this project. They have complied with a series of steps,

of proceedings set forth in the Law to obtain different permits, until the

certificate of natural resources issued by the Ministry of Environment

was denied, this is a situation that escapes the MIBAM, an it is a

competence, in this case, exclusive of the Ministry of Environment. I

imagine that they will exercise their rights, their actions. On our part,

we must await the exhaustion of the deadlines and of the

administrative and judicial processes on the part of the company to

take any decision”.

Has the Company finished filing it's administrative and judicial paperwork?

So my question is what day then would be the exhaustion of the deadlines for a response or decision?

Even though we have had good news/press of late, are we dead money till then?

I am too far out of the money to sell any at this level. One more Ortega rant or just dwindling PPS over weeks might pose another opp to lower my average cost.

Share
New Message
Please login to post a reply