Chinese 2.5 Million

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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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prezone

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Chinese 2.5 Million

posted on Apr 01, 2011 04:28PM

So much for the hearsay that CRRC was going to "get to the bottom of this"...

During 2010, the Company commenced discussions with China Railway Resources Group Co. Ltd. (“CRRC”) to create a strategic partnership for the development of Las Cristinas. These discussions have terminated as a result of the unilateral termination of the MOC.

So.. another $2.5 Million due.

Personally, I'm only holding (the bag) for now in hopes of an early settlement...sometime in the next year???