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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: KRY+ GRZ

Re: KRY+ GRZ

posted on Feb 10, 2009 09:54AM

If KRY gets the permit today, KRY begins shipping equipment from Houston to VN tomorrow and VN is in the money 2009-2010. The RML delay with GRZ means no mining possible for quite sometime. VN needs other sources of money right now with the price of oil tanking, maybe to $35.00 ppb shortly. With the high cost of recovery for VN oil they recieve about $27.00 ppb if that. OPEC president said today that they should be careful about reducing bpd in the coming months because they are part of the global recession and doing so may just make things worse for themselves. They meet in March.

Hopefully with RML takeover Of GRZ stalled, unless they want to offer say 10 s RML for 1 s GRZ, that Chavez starts to rethink RML can't come up with the goods.

KRY is in the best position right now to do good for VN.

My OS is NT 4, slow.

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