Re: Exxon Wins $749M for Nationalized Venezuela / Paying only $255-million
posted on
Jan 03, 2012 10:18AM
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
Two points I want to make, because nobody else is going to make them.
Point one: Oil is a vital resource. It is used for transportation, heating, power, run airplanes and tanks … an absolutely vital resource for a nation’s survival and as such, is subject to eminent domain.
Point two: Gold is not.