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: from veneconomy

supposedly the market has fully discounted HL's ven operation (the mine passed it's end life about a year ago i think)...it looks to me that isadora still makes up a decent % of thier gross but i guess investors are'nt looking at that.....personally i think HL being thrown out of ven would probably benefit them (they may not have to pay for the reforestation)....

on a side note: if you look at HL history in ven they have been there a long time (for the most part undisturbed) but have had higher than normal cash costs...i'd guess thats the whole moral to doing business in venezuela...

"pay more than you should to get the government to protect you from the labor, let the govt tell labor how bad you are for them while the govt permanently cripples labor and forces them to live in constant poverty and despair because the govt thinks it should be making more money from another sector or company and shuts them down to prove it"......venezuela should outsource it's government

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