Re: Hate to spoil the Fun, But ....
posted on
Jun 02, 2008 05:21PM
Sasa, I would add this one also:
"Permanent Commission on Mining is forwarding a recommendation to President Hugo Chavez Frias to immediately institute a breakaway
Ministry"
First the good news:
1) It took the SP a few minutes to recover on friday after the refusal announcement. this demonstrates 3 facts:
a) The market confidence in the stock
b) MinAmb is out of the game and can't do anymore significant damage
c) The stock is gaining momentum instead of erosion
2) Gold Reserve Inc (GOD.BE) newly added by Global Gold Fund
Assuming that we are still in the same boat with GRZ, this is huge news.
3) CVG integrated plan
Hopefully this is the long awaited move to consolidate the permit process unders Sanz.