RECEIVED YESTERDAY:

"In late 2007 early 2008, Crystallex began the process to obtain a license to export gold and a license to convert Bolivars to Dollars at the Fixed Government rate."

"If a Company sells its product a global price and receives a fixed currency but has a license to convert that currency back into another currency at the same fixed rate, it should not be an obstacle."

Refer to Page 9, 2007 Annual Report(bottom of the page):

IMO, this clearly shows that KRY will suffer an exchange loss of 40% if it accepts the official rate in Bolivars (2, 150) and then buys Dollars on the Open Market.

In order to stop this LOSS, KRY would have to sell it's gold at the World Spot Price, and if forced to accept Bolivars, the Bolivars received would have to reflect the World Exchang e Rate, not the manipulated Ven. Gov. exchangee rate

All Board geniuses, please comment.