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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

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Message: pro and anti Chavez agendas put way before actual facts?

pro and anti Chavez agendas put way before actual facts?

posted on Jun 10, 2008 03:28PM

Peter Hambro Mining, Russia's second largest gold miner, is buying 14% of Rusoro (RML.v), the Russky/Canuck miner operating in Venezuela, at $1.25, a 25% premium to yesterday's close. Total price tag is U$80m. This shoots down all that "Nasty Venezuela is going to nationalize all the gold mining industry" talk started by anti-Chavez newspaper "El Nacional" last week. When will people wake up to the fact that the media is horribly biased in Venezuela, with pro and anti Chavez agendas put way before actual facts?

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