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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: Oil and Gold

Oil and Gold

posted on May 06, 2008 05:42PM
When Vz took control of the Oil industry from the international oil companies what repercussions did Vz face?Besides having trouble getting new oil investment and paying fair market value for the assets(?) did any countries sanction Vz?

Now apply that lesson to mining... IF Vz reneges on the contract (isn't the Env permit technically an escape clause for Vz?) then besides scaring off new investment what are the repercussions?

If Vz did deny the permit, what's the process for "official denial"? If it was denied wouldn't the official paperwork be delivered by now??

The most painful part of this is being scared out of 1/2 my F'n position! Grrr... (Good move if we really crash... -->0)



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LMD
May 06, 2008 06:32PM

May 06, 2008 06:58PM
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May 06, 2008 07:31PM
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bmh
May 06, 2008 07:40PM
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May 06, 2008 07:46PM
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May 06, 2008 08:00PM
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