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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: Government is considering new legislation that gives the Mine

IMO, this paragraph says a few things. GRZ technically is ok since their concession does not expire. But then does it also mean they have to JV with the gov't? KRY on the other hand is not a concession and is already 100% owned by the gov't...so KRY is good according to this as we have always thought.



"According to information provided by the portal of Mibam, Hernandez said that concessions whose term expires will not be renewed, since the new legislation raises that the deposits will be exploited only by joint ventures whose main shareholder the State Venezuelan."

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