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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: A few questions...

A few questions...

posted on Feb 20, 2008 03:23PM

1.  It makes sense that the permit could be delayed till implementation of th New Mining Law.  I'm under the impression that the deadline for this is on or about July sometime.  Can this deadline be extended or would that require a referendum, etc?  Is it reasonable to expect some resolution by July based on the deadline for "special presidential powers"?

2.  Everyone keeps saying....KRY permit will be announced on Alo Presidentay.  Was GRZ permit announced in this fashion?

3.  Share price is in the crapper.  Underlying asset is up substantially in value.  Is our previous "permit pop" share price (reasonably expected to be in the 6ish range back when gold was 600 $\oz. and the share price was 3ish) lower now that our share price has been crapped on?  If so....any guesses?  What about buyout price...back in the day Cara and other "experts" were saying 10-12 range (with gold at 600 and the share price at 3).  Is this no longer a reality?

 

 

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