Agoracom: Small Cap Investment - Crystallex International

Welcome to the Crystallex HUB on AGORACOM

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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penderite

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Estimation of settlement @ 50.1%

posted on Sep 20, 2009 01:46PM

I'm wondering if something has been left out of the equation here. No one has mentioned what role KRY would have under this deal....We have talked about ownership of the resulting company, but not about the actual mining, after the fact.

Would it not be possible for KRY to still handle the actual mining process, and bring in more $$$ from that end? Like, 'kry gets 49.9%, and they are hired back to operate the mine'. They would then recieve Polyus's 50.1% of the operating expenses.