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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: The state-ownership of several companies will be announced today

The state-ownership of several companies will be announced today

posted on Sep 18, 2008 09:39AM

"The state-ownership of several companies will be announced today at La Camorra by the president, Hugo Chávez, who will arrive at 10 o'clock in the morning."

" It should be pointed out also that the Las Cristinas project, a major reservoir in the Claritas, Sifontes municipality, with tenors tested by nearly 14 million ounces of gold, is owned by the CVG and Crystallex company which has a contract operation , So this project is also in the social sphere."



Probably already posted today but I find it encouraging that a top VZ newspaper, El Diario, reminds its readers that the gold at Crystallex is 100% Venezueala owned and Crystallex just has a contract to mine the gold (unlike neighbouring Gold Reserve, which is claiming gold ownership). GRZ may be a liitle nervous today but so far only down

2 or 3 cents. Nevertheless, the best of luck to all of us today. Hope it's a really really good one.

If the link below doesn't work, I believe VHeadline has a translation as well.



http://translate.google.com/translat...

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