Things often tend to look terrible right before good news. So, with that in mind, I'm going with the Sasa perdiction on the gut. SInce 75% of the value I once held is gone, there is no way to get out pretty (anyways).

There was mention in previous posts about the profit potential being less than it was in the past (mostly due to Venezuelan Govt. ruthless business practice) but I think gold has almost doubled in price since I invested here so there should still be good upside. There is a good chance for a new more progressive Government if Chavez and his cronies get the boot in the upcoming election. Then the bad business perception rap should fade away. Besides what you read about dissatisfied miners, I think average Venezuelan citizens are growing tired of all the socialist promises and Chavez can not demonstrate that he can make any of them work.

Oil prices probably are not sustainable at these levels as it looks like people are consuming less oil. Why is Venezuela only counting on oil revenue for it's source of wealth? Cheese wiz, how about adding a gold mine or two and make some tired longs happy?