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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: Gold making new highs..Teutracker
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Sep 16, 2009 07:45AM
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bmh
Sep 16, 2009 08:00AM
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Sep 16, 2009 10:05AM
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Sep 16, 2009 10:46AM

Sep 16, 2009 11:39AM
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Sep 16, 2009 07:24PM
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Sep 16, 2009 09:41PM

Midas

I agree completely with your comments. KRY is 11 working days away from Q4. The cash burn rate gets KRY up and through September. For the company to continue either to file arbitration or to continue working with the Vennies requires a cash infusion. One would think that obtaining the cash at this late stage has already been accomplished. What appears strange is that, as you suggest, no comments have been made either about a survival plan or some form of engagment with a JV partner. My thinking is that the release of information on the cash infusion is possibly tied with negotiations and the release of information could possibly refer to both.

Teutracker

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