Re: Rusoro eyes Venezuela mine after Crystallex exit
in response to
by
posted on
Feb 07, 2011 11:44AM
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
No rule of law there, but I think Chavez has deceided to let the deposit sit. Russoro is just shooting in the dark, they are the next in line for a screwing by Venezuela.
Russoro is listed in Canada, and the dust has not settled and they are professing an intrest in mining LC right away. So maybe a contract to mine LC would have to occur before we file arbitration or this becomes a a regulatory conflict in Toronto?