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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: RM no comment/neutral on GRZ/RML.

RM no comment/neutral on GRZ/RML.

posted on Aug 28, 2008 05:01AM

A neutral response from Richard on the developments of yesterday specific to RML's offer on GRZ. I was courious to see whether or not KRY is positioned better or worse then GRZ and not subjected to similar proposals. As I mentioned last night I am comforted with KRY's existing operations and history of working in VZ which should support our efforts with Las Cristinas moving forward. Not surprised with RM comments as they are reported below:

-----Original Message-----
From: Richard Marshall [mailto:the-technician@msn.com]
Sent:
Thursday, August 28, 2008 6:09 AM
To: 'XXXX'
Subject: RE: Rusco's offer to GRZ

Hello XXXX, while the Company has seen the news on the Rusoro proposal to Gold Reserve we have no position or comment. We remain current with our disclosure, and believe Venezuela is a place you can do business and has tremendous mineral resources. We are focused on the environmental permit for Las Cristinas in order to unlock the potential for the Venezuela, local communities, stakeholders and shareholders.

Regards,

Richard

------------------------------------...

Richard Marshall

VP Investor Relations

Crystallex International Corporation

Tel: 800-738-1577

Email: rmarshall@crystallex.com

------------------------------------...

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From: XXXX [mailto:XXXX@telusplanet.net]
Sent:
Thursday, August 28, 2008 12:48 AM
To: 'Richard Marshall'
Subject: Rusco's offer to GRZ

Hi Richard,

I would be interested in hearing your take on Rusco’s offer for Gold Reserve? (ie. Undervalued offer or other comment?) And has Crystallex been in discussion, either by pressure or encouraged by the VZ authorities to discuss with Rusco any similar proposals that involve Crystallex’s assets?

How would you categorize and compare the differences between KRY vs GRZ and whether investors need to be concerned about a similar exchange of events on KRY? I suppose investors would not be upset provide the offer is presented at a value in line with the assets, but without a permit I doubt that would occur.

Curious what you think?

Thanks

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