If anyone thinks that China Railway would allow the Company to go public with this partnership, without an assurance that the Environmental Permit will be issued tout de suite, I've got a little bridge in Brooklyn I'd like to sell ya.

The permit will be issued, probably long before the end of July. The agreement between KRY and CR is done... the language issue (Chinese, Spanish, English) is the reason for the holdup.

The bought deal is a done deal. 40 million bucks can go a long way if it has to - which I doubt it will.

The dilution is not a biggie. Please understand that is my opinion and I owned this stock when there were less than 40 million shares outstanding. Our 1/3rd share of LC is huge. I don't know if everybody realizes just how huge it really is. Billions of dollars are at stake- not tomorrow, but not too far down the road. Even in Venezuela, a strong value will be assigned to Crystallex - we have a formidable partner with unlimited resources and the clout to keep Hugo from dicking us around. We will be building a monster mill down there and with our economies of scale compared to our peers in the area, we will likely be the beneficiary of many concessions (outside of LC) that aren't viable on their own.

Cashflow baby, it's all about cashflow and Crystallex will have a crapload of it. I have not been so confident in our future since the Cramer flameout in '06. I don't believe that history will repeat. We'll be okay.