Re: Who holds Title to the LC concession?

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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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cantjustread

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Re: Who holds Title to the LC concession?

posted on Mar 03, 2009 12:20PM

don,

"The KRY contract in the tech report is just refering to the timelines in the CVG/MEM agreement which stated CVG had 2 years to begin exploitation."

what part of this are you missing?

4- The CORPORATION shall obtain the environmental and mining permits required

for the execution of this Project. In any event the periods contemplated in this

Contract shall not start counting until the permits have been obtained.

.......................................

"Force majeure in my opinion is relevant because government decisions beyond the parties concerned are in there."