Re: Crystallex Reports Q1 2010 Financial Results...
in response to
by
posted on
May 13, 2010 06:29PM
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
"The Company has not received a response from the Minister of Environment and Natural Resources ("MinAmb") to its June 16, 2008 appeal of the Director General of the Administrative Office of Permits at MinAmb denying its request for the Authorization to Affect Natural resources (the "Permit") for the Las Cristinas Project."
Does the fact that we have not heard regarding the appeal have any kind of time limitations? In other words, are the VZ off the hook after a certain time? Just confused.
Answer: No, I believe it was included to boost their claim of compliance with the MOC and most importantly their claim for damages should this go to ICISD.