I re-read the article:

http://www.bloomberg.com/apps/news?pid=20601082&sid=ag8cHd2OT464&refer=canada

Sanz ``has to satisfy himself that there is no political liability,'' Thompson said in an interview in Toronto, where his company is based. ``Our view is that he'll walk into Chavez's office and say, `Issue it.'''

Wouldn't this confirm what I mentioned yesterday about the "you approve it, you take responsibility for it" rule that has been mentioned so many times over the past couple of years by Doody and others?

It's a policy that, by definition, infers that Ortege would be assuming any and all "political liability" when/if she signed and if/when KRY does something wrong regarding the environment. Having Chavez sign would be the only way for this project to get approved without someone taking on such a liability.

It sounds like they may have understood her hesitancy to perform her "job function" for a while now. Her stated feelings toward the non-Ven exploitation of natural resources is a weak point of contention, given the company that owns the deposit (CVC) is Ven. Right?

Comment?