Response from R.M. to second message

Welcome to the Crystallex HUB on AGORACOM

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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vlada_mexico

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Response from R.M. to second message

posted on Mar 16, 2009 07:46AM

Crystallex has stated in press releases and regulatory filings that it believes it has rights and recourse under the Canada Venezuela Investment Protection Treaty and the ICSID and has notified the Government of its Rights (see the November 28th, 2008 news release).

The Company has not discussed/considered bankruptcy.

Should the Company proceed and request a ICSID panel and there’s a change in the plans for the development of the Las Cristinas then there could be ramifications to the Note Holders and thus shareholders.