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Welcome to the Crystallex HUB on AGORACOM

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: Re: I found this interesting
2
Jan 14, 2008 10:17AM
2
Jan 14, 2008 11:22AM
1
Jan 14, 2008 11:31AM

 

The article is nearly three years old.   It appears to point out that foreign companies will pillage the land and take the money out of the country.  This may have been the sticking point on the permit holdup for a couple of years.  During this time, Crystallex has provided much infrastructure in the area including water plants, sewage plants, roads, housing, and supplying hospitals.

 

With economy of scale, my opinion, as a PE in CE, would be Yes, a large mining company, such as KRY, can remove gold more efficiently and with less environmental damage than individual miners. 

 

When the Alo Presidente show is broadcast out of Las Claritas, it will all be good. 

2
Jan 14, 2008 01:18PM
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