Re: Bloomberg article. Much more specific about Chavez statements. Not good.

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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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excelr8tor

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Re: Bloomberg article. Much more specific about Chavez statements. Not good.

in response to

Re: Bloomberg article. Much more specific about Chavez statements. Not good.

zwilzric

posted on Jan 13, 2009 08:31PM

"Venezuela wants to develop the mine this year" “under the control of socialism,”

.....my point exactly. Developing the mine and having it contracted out to a company such as KRY as the operator mean 2 different things to me. They can "socialistically" develop the mine all the want as long as we are contracted to mine the gold.

That's my take on their obligation to KRY. We are in the picture whether we end up mining the site or not. Of this I am sure. Read oriamics earlier post.