Hello Dan; And To ALL!!
People must understand that Roy lives in Venezuela, and he is on scene to do the best reporting. He has the ability to find the facts as they exist in that country, his contacts are very extensive, more so than any of Bloombergs, Reuters, or any other news service that is there.Many of these services get many of their news from "spoon fed statements". If any of you will take the time and dig through many of their articles, you will find a great inconsistancy in the facts that they have put forth to the public.
The major corporations have always had the ear of the mainstream press, it is a fact of life, it is with great courage, that Roy has taken upon himself to get the truth out to people.
Everything that Roy has stated has eventually become facts?? The time frame is not the same as we in North America have demanded, but none the less, he has been the most accurate.
The following was posted this AM by Roy Carson, I hope that he does not mind me posting it here;
Roy Carson;
I received a long letter last night from a worried Crystallex shareholder who wrote:
>>>Should Crystallex indeed be victorious in its litigation with Placer Dome
>>>it will undoubtedly be headline news here in Vancouver, the corporate
>>>headquarters of both companies,
My considered response WAS and IS:
============================
Firstly Crystallex is NOT in litigation with Placer Dome.
It has applied to the Political Administration Chamber of the Supreme Court to remove 11 final
bureaucratic obstructions that were placed there by the Ministry of Energy & Mines.
Three of those obstructions were first seen to be subject to a Statute of Limitations, but were included
in the final and 4th ruling which can have no other conclusion that a full and final title to LC4&6 to
Inversora Mael.
It is totally wrong to tie PDG to the case, although they had arguments to present as a JV partner of
the CVG in MINCA. Their arguments have, however, been rejected. Crystallex's legal ownership of the
LC4&6 concessions through its subsiduary company Inversora MAEL have indeed already been
confirmed on THREE previous occasions by the Suupreme Court of Justice.
Crystallex's new alliance with the Ministry of Energy & Mines now leads to a removal of any further
cause for the 4th ruling.
Nevertheless, it remains a formality of issue out of respect for the CSJ and its ultimate authority.
So please let's get the record straight -- there is NO LITIGATION between KRY and PDG! What there
IS is an application to the CSJ to remove 11 bureaucratic hurdles to full and clear title ... nothing more,
nothing less.
PDG spin doctors and corrupt political influences in Venezuela have WISHED to express reality in
another (untruthful) way! The facts, however, speak for themselves and there is NO DOUBT that
Crystallex's ownership and rights to Las Cristinas 4 & 6 are SOLID and UNIMPEACHABLE!
best regards
Roy S. Carson
============================================
CURRICULUM VITAE
Roy S. Carson
PERSONAL DETAILS
Nationality : British / Irish (dual nationality)
Place of Birth : Newry, Co. Down, Northern Ireland
Civil Status : married - wife, Victoria from Peru
British Passport No. : C-587526-D
Irish Passport No. : M 160283
Venezuelan ID No. : 82.143.478
Residente visa 013028
Valid up to and including 17/03/1999
Telephone & telefax : (02) 283.2758 (also fax)
Electronic Mail : rsc@TRUE.net
Postal Address : Apartado 60.566
YV - CARACAS 1060
Venezuela - South America
_______________________________________________________________________
PROFESSIONAL DETAILS:
_______________________________________________________________________
1996- Editor and Publisher of VHeadline/VENews - Venezuela's
Electronic News - the first media vehicle on the internet
with news and views in English relating to Venezuela.
Distributed over the internet to approximately 35,000
readers worldwide (latest estimate: November l 1997) and
on WWW at URL vheadline.com from December 1, 1996
1995- Internet List-owner: Correx-L - Foreign Correspondents'
Exchange Network - linking 200+ correspondents worldwide
1989- Founding director of the Venezuelan-Irish Association
of which presently co-ordinating director and liaison
with Irish Ambassador, Art D. Agnew in Buenos Aires,
Argentina.
1988- Foreign Correspondent covering Venezuela and parts of
Latin America for :
USA RADIO NETWORK NEWS, USA
INDEPENDENT RADIO NEWS INTERNATIONAL, London, England
INDEPENDENT TELEVISION NEWS, London, England
THIRD WORLD EEC News-features agency
NEWS INTERNATIONAL, London, England
UK PRESS GAZETTE, London, England
MIDDLE EAST PEACE REPORT, Jerusalem, Israel
various print/broadcast network media worldwide
1987 Network News Editor, INDEPENDENT RADIO NEWS, London.
1970 - 1987 Foreign Correspondent covering Scandinavia for most of
the above newspapers and magazines.
1962 - 1970 Editorial assignments in London, Manchester, Dublin and
Belfast with sidebar assignments in SE Asia/Australia.
_____________________________________________________________________
These are not rumors, these are the facts as being reported from a man on the scene, I have learned in this business to not rely on the main press, "and that has served me well". In fact since I tempered my reading of such press, my success rate in the investing and speculating game has increased, tremendously. I still glance through issues of the FP and the G&M, but that is it. I now use information from many sources, and I have found myself, to not be as clouded in my thoughts and have a better ability to quickly take advantage of a situation.
For any who have doubts, especially with the arrival on the scene of so many professed to be here to warn us about the dangers of this play, you alone must decide what is fact or fiction, and you alone must decide whether this situation is advantageous for you. You must be wondering why we have such new faces, that are here crying wolf, and never have they been able to provide a definitive argument. You must decide again for yourselves of what agenda are they motivated??
I am a shareholder of KRY, and of course I would like them to succeed, as anyone would who has placed money on the line, should. But I ask why would anyone who claims to not own a share in a company take up such an attack on it, there must be or is a reason, simple!!
To-day or tomorrow as time allows for myself, I will try to go through all of my files and find the press releases that show inconsistencies in news coming out on this situation.
One more thing, last summer or early fall, when PDG announced that they had lined up 200 million financing for LC, I stated either here or on SH, that the financing was in place, YES, BUT, they would not have access to it without "title" to the property. Just last month, when PDG announced that they were suspending their operations they also mentioned, "problems with the financing" how did I know that then, but it took five months for PDG to let their shareholders know. This release came out shortly after I had stated that PDG would now be in damage control and try to down play the course of events. PDG's financing is contingent to title to the property, for those who believe that this final decision is in regards to title, I must say that you are all sadly mistaken.
Title to LC 4&6 belongs to Inversora Mael,"that has been determined long ago", who are owned by Crystallex, don't confuse what this court situation is about??
With regards,Frank
P.S. I would like to thank Roy Carson for his contributions to bringing this situation to light for all, and I hope you don't mind me posting this here on SI for all to read.
With regards,Frank
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