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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Re: After hours news (Russia)
posted on
Oct 27, 2007 04:03AM
This may prove to be the largest undeveloped gold reserve in the world. Gold will continue to be a hedge against weaker currencies and market volatility, with long-term price estimates of $800-$850/oz, maybe higher as oil goes above projected $100.00/bbl. Venezuela, contrary to popular belief, is looking to establish strong industrial collaborations, particularly with non-US based corporations(Russia?).