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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: potential strategic investor
5
May 24, 2010 01:10PM

I think the term potential is now gone. Twice in the first 6 pages of the 2009 annual report the word potential is missing we they talk about a strategic investor.

Page 4 in Fungs letter it says "Crystallex believes that the involvement of a strategic
partner, with the financial and political wherewithal,
could help move the project into
the construction phase and ultimately lead to the development of a world class mining
operation with significant gold reserves."

Page 6 The Path Ahead it says "-Given the continued impasse in obtaining the permit, the Board of Directors of Crystallex now believes that a strategic partner for Crystallex may ultimately prove successful in advancing the Las Cristinas project. The Company is actively engaged in pursuing this objective."

Page 9 the answer to question 15 it says "The Company is currently in discussions exploring possible structures and strategic partnerships that Crystallex believes could benefit all the stakeholders and allow the Las Cristinas Project to move ahead.
If we are not successful in the aforementioned activities, we may file an arbitration claim to
protect the interests of our stakeholders."

I realise it might be nip picking but given how careful Fung and Kry are in releasing news I have to believe the word potential was removed for a reason.

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