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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 08:13AM

Investing in VZ has always been politically risky so this story doesn't suprise me. The fact that troops are reported to have moved in before the deadline was up is one way of gaining bargaining leverage. Do I plan to bail on Kry because they are fighting over payment for a cement company? NO

I knew the risks ahead of time with Kry. The risks are greatly reduced compared to other companies since they don't own the asset. I will continue to hold all my shares till the permit and buyout is done.





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