Re: Summary of KRY vsVZ from Friend to Enemy

Welcome to the Crystallex HUB on AGORACOM

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Teutracker

Rank: President [?]

Points: 3935 [?]

Votes: 85 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Summary of KRY vsVZ from Friend to Enemy

in response to

Summary of KRY vsVZ from Friend to Enemy

auntierooski

posted on Sep 01, 2011 12:03PM

Dear auntie

Hope you well. Some very interesting developments in Vz however this time (I hate to say it) seems much different to me. Vz have created the structure now for a JV. 55 % : 45 %, royalty regime now in place. The Chinese would certainly be familiar with doing business with PDVSA so let's see what happens next. Do we continue as an arb play with non-dilutive financing or a bit of both - some cash up front for mining plans/a royalty type structure indemnified by CRRC/CREC? Let Bob do what he does best to see what plays out the next couple of weeks!

All the best.

Teutracker

4 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply