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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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Message: Buyout after permit ?

If KRY and GRZ are able to startup their operations then the majors will have to look at them, regardless of geography. Any transactions would probably involve discussions with VZ and one condition laid down by a potential suitor might be a status quo commitment fron VZ guaranteeing the investment. No permit games, no new taxes and no nationalisation or JV BS.

But my preference would be to see KRY run the mine and use their VZ knowledge to acquire and run other mines. I was pleasantly surprised by the performance of the VZ personnel like Cottin in front of the AN and I think that once we get through this protracted permit nightmare we will be in great shape to expand operations in VZ.

This permit thing could be one of those " Anything that doesn't kill you makes you stronger " situations. There are huge opportunities in VZ. Someone will do it. Why not us?

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