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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: Polyus statement from Jan '09

Polyus statement from Jan '09

posted on Nov 17, 2009 01:20PM

27.01.2009 10:03

Jan 27. Polyus Gold has worked out a short list of five potentially appealing assets, said the company's CEO Evgeny Ivanov.
"We have a short list of five positions which does not guarantee that talks will yield any results" – Ivanov noted and went on to say that these assets are located in Russia and CIS. According to him, the company is also eyeing one of the world's largest gold deposits, Las Cristinas in Venezuela "from the standpoint of its scale of business". "We are closely monitoring how the situation unfolds. However, the legal status (of the project) is opaque. The risks for us are too high to join in the project as a public company" – said Ivanov.

http://www.fin-rus.com/newtopics/news049C8/default.asp

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