I find it very interesting that Crystallex has not yet received word from the Venezuelan authorities that they have been denied any rights to advance Las Cristina's. Why? Because most of the media reports of late have indicated Crystallex is basically finished in Venezuela and these same authorities have assigned those rights to another more socialist friendly entity. If so, why hasn't that happened yet or will that take as long as to secure an environment permit?

While there is still a ?% probability that KRY will not succeed, there is still hope in as much we are being told so. This is why?

1. There is the rumor that the permits were delivered to CVG in December. So why then were they not delivered to the other entitity or for that fact to KRY? Is VZ attempting to get all their legal affairs in order, prior to any decision to proceed? If bad for KRY, why not just get it over with and tell them; if good for KRY why not just tell them...speculation confirming the other entity or denying them; this is where the confusion lies as no one, not even the VZ authorities seen to really understand what is going on. Mr Chavez or Mr Sanz or some other representative authority needs to provide leadership and deliver clarity to the situation. As a result our SP is showing the same...as you know markets hate uncertainty.

2. Why do Crystallex management continue to receive communication from Senior Venezuelan officals that supports Crystallex's receipt of permit? Are they being lead down a path of deceit and distruction? Let's see, Kry has a long history in VZ and unless I am told otherwise they are acting in a responsible and socialist way that conforms to the policies expected of them from VZ officals. There is a disconnect between what is told to managment and what is leaked or told to the media. Clarity is very much required....it could be that policy has changed in VZ to favour the other chosen entity, but then again why not just communicate this to all parties and lets get on with the litigations...or do they want to prevent this?

from RM communication last week:

"It appears while we are being told or inferred one thing by senior officials the press is being told or inferred something very different - we are pressing to get formal clarification."

So this where we are. We are paralyzed until such time Mr Chavez provides leadership to this whole issue and stops the leakage of the many media sound bites that prevent any real action from occuring in Las Cristinas and other area plays and makes a decision; yes or no for KRY. For sure, Crystallex is either part of the plan or not and until such time they are told otherwise do we infer the former? There is some hope unless told otherwise so I lean to yes. Someone please make a decision so we can get on with it...