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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: AGM June 23rd
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Jun 03, 2010 04:15PM
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Jun 03, 2010 04:28PM
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Jun 03, 2010 04:50PM

All true Cividale. I think what some of us are looking for either before or at the AGM is information about where we are in the process. This would include any discussions with Hitcher, Khan or visits to the mine site by anybody. I would also like to know the progress in coming to terms with our strategic investor.

Talking to RF in person gives information based on the question and how he replies. Even his body language and facial expressions can give clues. I remember asking him last year about discussions with other companies/countries. His standard answer is they can disclose information about any discussions. Pretty standard answer but when I followed up with "can you tell me if you are talking to more than party" the answer was yes but he would elaborate how many.

This was when everyone thought we would be getting bought out by the Russians because of the media in VZ and the talk of them as a partner of choice. We now know for a fact that there is more than 1 player that will be mining in VZ.

Before last years AGM we couldn't get RM or RF to say how much we would be asking for if we went to arbitration. At the AGM, Fung said when asked that the figure would be 2 billion plus.

I think many of us here look at the AGm as a time for some clarity and chance for information. You are right however that VZ and Hugo could care less about us and nothing will come out of VZ to help us at the AGM.

20 days till we hopefully get a few answers.

JJ

5
Jun 03, 2010 06:05PM
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