I E-mailed him these questions today. I'll post the reply if\when I get it.
Dear Mr Marshall:
As a concerned long time shareholder, I have five questions that I need to have answered.
1. What exactly is the date of the legal deadline for Minamb to respond (or not) to KRY's appeal to the permit denial by Ortega? I've heard that it is "the end of October sometime" but I would like to know the exact date.
2. Does Crystallex plan to immediately (i.e. the next business day after the expiration of the above referenced deadline) file paperwork to pursue the next legal step to protect the rights of shareholders? If not...why not? The passing of this date will no doubt be a material event, and given the cash burn rate and need for additional financing down the road, is of great concern to me as a KRY shareholder.
3. In the event that Minamb does not respond to KRY's appeal to the permit denial by the deadline and the legal route is pursued...how would managment secure financing at that point?
4. We've been hearing about the "New Mining Law" now for longer than I care to remember. I thought I read somewhere recently that it should be "done and dusted" by the end of this year. Although KRY has an operating contract and Venezuela owns the gold....we've been hearing that the "new model" will be 50-50 joint venture. Do you anticipate having to wait for the "New Mining Law" to be finalized before finding out what the fate of KRY will be? When Phillip Cottin was asked a year or so ago what KRY's plan would be if they were forced into a 50-50 joint venture, he said that "there was no Plan B". Has KRY developed a "Plan B"? If not, why not?
5. I understand that KRY is "in constant contact" with Venezuelan officials. We've heard this mantra repeated over the past months. Has there been any change in the status quo (i.e. questions, requests, etc. from Mibam or Minamb) subsequent to the last letter from Minamb?