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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: Analysts: "Venezuela needs that price of oil .......

Analysts: "Venezuela needs that price of oil .......

posted on Oct 20, 2008 07:13PM

Analysts: "Venezuela needs that price of oil exceeds USD 90 to pay expenses"

Both the Deutsche Bank and consulting firm PFC believe that Venezuelan public accounts are highly vulnerable

Economy
Amid the fall of crude oil prices, some specialized firms have begun to estimate the impact of the economic crisis on the finances of petroleum exporting countries.

According to studies prepared by PFC Consulting Limited, a Washington-based wholly owned subsidiary of Power Finance Corporation Limited, and German bank Deutsche Bank, Venezuela is the most vulnerable country to the financial crisis.

http://www.eluniversal.com/2008/10/1...

Maybe KRY gets to dig the gold soon?

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