Re: Why would Russians not bid for us?

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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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Extraly1

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Re: Why would Russians not bid for us?

in response to

Why would Russians not bid for us?

Italian Hotdog

posted on Aug 27, 2008 10:49AM

"Why would Russians not bid for us?"

Remember, GRZ owns the concession while KRY is basically just a contractor to a mine that is owned by a state owned company ... totally different types of contracts.

Is it possible that the government is working with the Russians to get rid of GRZ in a deal where they will re-do their deal like the one that KRY has? After all, the government down there wants it all nationalized.