The last paragraph states Vz has all these reserves and nobody doubts there ability to service the debt. What BS! There bonds are a hair's bredth from junk status trading at 60% of par yielding over 15%. Those are not secure debts - they are on the cusp of insolvency and I'd bet Fat Hugo has designs on the country coffers for his own. Their in trouble and as someone else wrote - if he issues the permit now the gold would be flowing a year or so prior to the election and jobs would be well established for over 2 years.