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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: Response from Richard Marshall

Re: Response from Richard Marshall

posted on Feb 25, 2009 06:55AM

I received a very nice reply from Richard Marshall, which I shared with the Board.

So, no problem with our Mining Contract from any Venezuelan source that he is aware of.

However, he further states that if no resolution within the six month period that ends May 27th/09, 'Crystallex has the OPTION of submitting the dispute to international arbitration".

So, no firm intention to file, it remains an OPTION!

An OPTION? As a shareholder I would like to see a a clearly stated intention to exercise their OPTION to File for Arbitration at the earliest moment if KRY failed to settle the dispute within the 6 month timeline.



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