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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: Investing in Russia

I'm betting that Fung can play hardball with the aid of his contacts.. There is just too much at stake to just walk away... I think we can all agree on that...

Yes. At the very least....Fung needs to come up with the financing to see us through whatever comes next. We should know more about this come the next quarterly report (there is no way KRY management can avoid disclosing this information any longer). It would be poetic justice if Fung is staying as mum as possible regarding financing in silent one-upsmanship of El Piggo. Hugo thinks he is being cute and killing off KRY by not responding and waiting for KRY to die by lack of funds. Imagine his surprise if come March 15th or thereabouts KRY announces a deal that would give us financial immortality by way of a STRUCTURED arrangement with a gold major (not even necessarily Chinese or Russian).....a deal that would ensure KRY operated as KRY in full compliance with the terms of the MOC. This news would certainly cause our share price to rise. Then....at a higher share price and with time to burn....who would be sweating bullets? I'lla answera thata onea myselfa...El Piggo. What would El Piggo's recourse be at that point? Negotiation? Naaaa....he'd be too pissed and is too self-centered for that. He would take over the mine and claim the MOC was violated. Of course, one could assume, given this scenario that the major gold company had done it's legal homework (courtesy of the best slick talkin' New York lawyers money can buy) and this action on the part of Venezuela would simply be another nail in their ISCID coffin....albeit at a much higher gold price than a couple of years ago.

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