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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: License Status

License Status

posted on May 06, 2009 09:58AM

While I won't post RM's email because of the new disclaimer, I think the information is postable and is in line with my recollections.

Both the license to export gold and the license to access the official foreign exchange market were applied for in 2007 and both remain pending. My take is: I don't think they are a high priority right now, as the permit is the key. Once we get the permit both licenses should be granted.

The new gold export rules would probably apply to us though, if they are still in place by the time we start selling gold.

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