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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: Re: Not good News CJR

Aug 19, 2008 06:28AM
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Aug 19, 2008 07:34AM

Your right no_bear. Watch for inflation to cripple VZ, its raising at a rather rapid rate. When hugo takes over these corporations, production falls and interest in the country takes another dip.

This clown better start watching is own back. His main source of income is disappearing right before his own eyes. That heavy gulp of black crude is selling for under $100 a barrel. Wonder what his profit margin is at this point?

My concern is if they going to wake up to the fact nationalizing these companies is not the way to go. As no_bear stated, VZ does not have the expertize to run any of these companies. At this point its a wait and see game. How much does KRY want to give up to mine in VZ or go thru the legal process. I believe this is the real question not all this BS about envirnomental issues.

BOSS KENT

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