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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: Re: Venezuelan President Hugo Chavez said on Friday he is "taking back" mines
1
Sep 19, 2008 02:54PM

Very strange news. It was released after the market closed, so I am not surprised KRY PPS did not drop.

Remember Chavez's bark is worst than his bite. He plays to the media and crowds. If he was to nationalize mines the russians might get a little turked, and would not sell him any more arms. The worry here is that Chavez's takes the mine from KRY and gives it to the russians. Hopefully not.

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