How does Venezuela get around the "permit issue" with KRY?
Make a Law that only allows mining of resources including gold to be only JV.
They would then have to "cancel "the Work Contract" with KRY, this in effect would make them liable for breach of contract.
How does Venezuela get around "liability of the "Breach of Contract"?
Play the lets make a JV deal game.
Ven. has $4 - 6 Billion loaned from Russia.
KRY running out of money and financing non existent without "Permit". So Ven. offers to compensate KRY for "liability of breach of contract" in an amount equal to the amount required by KRY under a JV with Ven. All the legal and financal problems disappear. And everybody lived happily ever after in the land of Crystallex.
gjt
