Gmail Calendar Documents Reader Web more »
Help | Sign in
Go to Google Groups Home
  
Discussions for Crystallex International Corp. (USA) View all discussions

  Crystallex and Taxes - Why the Stock is Down Today
All 2 messages in discussion  - 
Reporting discussion
Messages reported
The group you are posting to is a Usenet group. Messages posted to this group will make your email address visible to anyone on the Internet.
Your reply message has not been sent.
Your post was successful
 
From:
To:
Cc:
Followup To:
Add Cc | Add Followup-to | Edit Subject
Subject:
Validation:
For verification purposes please type the characters you see in the picture below or the numbers you hear by clicking the accessibility icon. Listen and type the numbers you hear
 
ideadude  
View profile  
 More options Jan 29 2007, 3:50 pm
From: "ideadude" <idead...@gmail.com>
Date: Mon, 29 Jan 2007 20:50:21 -0000
Local: Mon, Jan 29 2007 3:50 pm
Subject: Crystallex and Taxes - Why the Stock is Down Today
Here is an article that came through the pipe in E*Trade, which may
explain why the stock is down today. IMO, it's some more weakness BS
that you should be able to buy into.

---
CARACAS (Dow Jones)--Venezuela's Seniat tax agency plans to bill two
more heavy oil upgrading plants for unpaid taxes in two or three
months, the agency's tax chief said Friday.

Seniat officials have also concluded a tax review for two foreign
mining companies, U.S. Hecla Mining Co. (HL) and Canadian company
Crystallex International Corp. (KRY), which has shown a willingness to
pay its taxes, Jose Vielma Mora, head of the Seniat tax agency, told
reporters during a press briefing.

"In two or three months we will hand out tax bills for Ameriven and
Cerro Negro," Vielma said, referring to the heavy oil upgraders
located along the Orinoco river belt.

Venezuela already billed the Sincor oil project last year $877,115 for
unpaid taxes from 2002 and 2003. The Seniat also billed Petrozuata,
another Orinoco venture, $98 million last month for years of pending
taxes.

Vielma said Petrozuata is "beginning the process to pay what it
owes."

The four heavy crude Orinoco ventures are jointly controlled by
Venezuela's government and France's Total (TOT), Norway's Statoil
(STO), Exxon Mobil (XOM), BP PLC (BP), Conoco Phillips (COP) and
Chevron (CVX).

The tax authority also reviewed the tax payments of various mining
companies last year. Hecla already paid $3.2 million in income taxes
owed from 2005, Vielma said, while Crystallex "has shown a willingness
to pay and is paying" taxes owed for the years 2004 and 2005.

-By Raul Gallegos; Dow Jones Newswires; +58-212-564-1339;
raul.galle...@dowjones.com

(END) Dow Jones Newswires

January 26, 2007 11:08 ET (16:08 GMT)
---


    Reply to author    Forward  
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.
gova...@gmail.com  
View profile  
 More options Jan 29 2007, 4:57 pm
From: gova...@gmail.com
Date: Mon, 29 Jan 2007 21:57:40 -0000
Local: Mon, Jan 29 2007 4:57 pm
Subject: Re: Crystallex and Taxes - Why the Stock is Down Today
Ant & Sons also reported the debt was downgraded today.

    Reply to author    Forward  
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.

End of messages  

« Newer discussion  -  great profit   chavas is dieing from aids  -  Older discussion »




Google Home - Terms of Service - Privacy Policy

©2009 Google