Re: Forestry law....here we go CJR
in response to
by
posted on
Jun 12, 2008 10:57AM
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
"Can't VZ just revoke the license . . . " (referring to the license to sell gold on the world market)
Sure, but then they would have to buy the full output, which they simply cannot afford to do with all of the social obligations AND the huge capex expenditures as majority partner in the whole oil industry.