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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: Re: from el universal 3hrs ago
3
Aug 30, 2008 05:55AM
2
Aug 30, 2008 06:35AM

Jimmijazz,

Sometimes I get the impression these types of news releases are released or timed to slow down the share price increased momentum.

Is someone trying to keep the share price surpressed in anticipation of a buyout with the Las Cristinas Property. If such is the case of a buyout, does Crystallex have much say at all who the new property owner would be, or is that soley a decision of the Chavez Govnt? Remember KRY is not the property owner, but the operating contractor to mine the gold. I realize the Company has spent about $200M on social programs so I would anticipate KRY would have some say on the buyout, or why would the Company have introduced shareholder voting ballots for such a circumstance in Oct/07? Has anyone ever asked RM this question and got a straight answer?

I would hope if KRY does not take the Property to production Las Cristinas would go to the highest bidder on the open market? But both you and I know Chavez would not allow this and the Property would probably end up on the lap of a Russian or Chinese Company to mine. I'm asking this question cause I don't think we are very far away to the next hurdle after the permit issuance.

I am hoping KRY takes this property to production, but with the Russian politics going on behind the scene, somehow I find it hard to believe KRY will mine it.

So food for thought this Sat morning - comments.

6
Aug 30, 2008 09:36AM
MOA
4
bmh
Aug 30, 2008 09:55AM
1
Aug 30, 2008 10:51AM
1
Aug 30, 2008 04:52PM
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