From earlier posting early am

Venezuela continues to be undecided about the exploitation of the gigantic Las Cristinas gold deposits for which it signd an contract with the Canadian (Co.) Crystallex years ago, even though the Government said just recently that it would develope it with the ruso-canadian firm, Rusoro

" The Venezualian State has the right to excercize sovereign control over its stragegic mineral sites..this does not exclude any form of relationship, each case will be studied as to what the relationship is," said Rodolfo Sanz, the minister of MIBAM, on Thrursday."

Inquiring about if Crystallex would leave the project after having waited for years for the environmental permits to develope the mines, tje said, "I have not said that". "When when we have a decision, it will be communicated (to whom it needs to be comunicated) to the interested parties, he added.

Regarding the Rusoro operations in Venezuela, Sanz said that its activities are carried out in other areas. "Russoro is not involved in Las Cristinas. Las Cristinas (is of the)( belongs to) the State of Venezuela. We are associated with Rusoro en RusVen, and RusVen is working with us in la Camorra y in Isidora, he pointed out.

This has definitely thrown a wrench into all the negative BS that has been reported. Sanz comments that sent us spiraling down have been clarified by Sanz himself. LC is owned by the VZ and they will consider all types of mining relationships to get the gold out. Sanz clarifies that even if a private company was to mine LC it is still under VZ control and VZ owns the gold. Our mining