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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: Like Kry also Grz holds .....

Like Kry also Grz holds .....

posted on Nov 02, 2009 08:43PM

still some interest in VZ .

They have not given up on VZ and , like Kry , their management is keeping silent on their Coco 5 property .[ see in bold at the botton of the page .]

It seems to be a strategy involved in this;

So there could be a real chance of good things coming out of it for both companies.

Hopeful with a good stretch of imagination there is nothing wrong with it , is there???

This is an extract related to Grz from a larger article.

Calgary, AB 11/02/2009 10:02 PM GMT (TransWorldNews)

GRZ Swings Up In Spite Of Venezuelan Nationalization Threat

Calgary, Alberta - PicksThatMove.com opines promising trading opportunities with likely potential for gain. The companies we follow have favourable revenue models for business development at upward cycles.Please visit us at PicksThatMove.com to view more of our profiled stocks.

Gold Reserve Inc. (AMEX:GRZ) advanced 21.79% to close at $1.23 on no news; however gold traded up to $1060 per ounce in New York this afternoon.Headquarter in Spokane, Washington Gold Reserve Inc. explores and develops mining projects. The company owns interest in the Brisas Project, a gold and copper deposit consisting of a 500 hectare land concession located in the mining district of the State of Bolivar in south-eastern Venezuela.Last week the Venezuelan government, which is seeking to nationalize gold mines, took physical possession of the Gold Reserve’s Brisas alluvial gold concession.The takeover follows a request that an international arbitration panel settle issues between the company and the government. Gold Reserve seeks arbitration of a dispute arising from its claims that the Venezuelan government has violated investment treaties with Canada. It also owns interest in the Choco 5 property, grass-roots gold and other minerals exploration property located in the El Callao mining district in the State of Bolivar, the Guayana region.

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