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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: license and gold sale law
5
May 13, 2009 08:45AM

Re: license and gold sale law

posted on May 13, 2009 09:20AM

Eddy, here's the difference... Gold Reserve has to raise hundreds of millions of dollars in financing to get their project financed, pretty much from the get go. Quite difficult in the face of Venezuela's latest twist. Crystallex isn't finacing LC through conventional processes, therefore the law has less of an impact on us.

1
May 13, 2009 09:35AM
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