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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: Are we reading this wrong?
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Aug 03, 2010 09:06PM

Midas, I was wondering the same thing about VZ possibly holding this agreement up and yes maybe they are but according to this part of the agreement it sounds as if they don't deal with VZ until the agreement has been signed and sealed.

"Immediately upon execution of this Agreement, Crystallex and CRRC shall diligently proceed to negotiate with the applicable Venezuelan governmental authorities for the issuance of the Environmental Permit and the transfer of the MOC from Crystallex to the Joint Venture."

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