Re: further insight into the difference between GRZ and KRY

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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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prezone

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Re: further insight into the difference between GRZ and KRY

posted on May 13, 2009 10:24PM

If Doug "knew" about this law why didn't he advise his shareholders to tender their shares to RML? All of a sudden he is just "giving up" !?

What recent development caused him to suddenly change his tune?

Aside form LC having higher grade gold mineralization than LB's deposit, we have a 40 year contract in good standing. It is worth something, and all the players involved are well aware of that and won't tie things up in ICSID arbitration.

In any case.. I sold my GRZ shares and bought more KRY recently as IMO there is backdoor deals to force gold mining consolidation in VZ and yes it will most likely be VenRus with not RML but Polyus calling the shots.. In the end I don't care who it is as long as we get fair compensation.