Crystallex International

I sent R.M. an email asking about the continued silence from Ven. concerning KRY, and if arbitration is looking like a definite possibility and his response was:

The continued communications with Venezuela and the senior officials remain encouraging. Timing and ultimately the direction for Las Cristinas remains in their hands. Both Crystallex and the proposed Chinese partner (CREC/CRRC) are continuing to travel back and forth to Venezuela seeking action.

While an arbitration claim remains an option, based on the ongoing discussions and communications the company is hopeful that a filing will not be required.