Re: If faced with another delay
in response to
by
posted on
Oct 14, 2010 04:26PM
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
"If the shareholders of Crystallex are faced with yet another delay at the end of this quarter what would be an appropriate response?"
Call a shareholders meeting!
Anybody with enough votes can call a shareholders meeting (probably a brave soul like Teutracker) to:
1. pressure Fong
2. fire the board of Directors and replace them with those who have political clout and influence in Venezuela.
3. clean up the mess with CRRC
4. get a more favorable contract or
5. go to Arbitration
With the price of gold going up, dont't tell me KRY can't get financing.
So far, there is no contract with CRRC, deadlines have been missed, and no updates!
Vlada