Re: John Ing, Maison Placements...
in response to
by
posted on
Jun 21, 2010 03:23PM
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
Binding Primary Agreement, para 3 a (iii)
"and to fund optimized expansion of Joint Venture mining operations..."
With CRRC is would make sense to start somewhere like 60,000 tonne / day, they have the development capital.
This would have a huge impact on cash flow for the JV.
If I get a chance, I will ask at the AGM if this is being considered.