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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: Another translation of the same

Questions about (RE) Another translation of the same

posted on Sep 30, 2008 04:18AM

Unofficial sources say that there is a "perverse political maneuver" that craves the removal of Sanz, who has shown the claim to get the monster business with Crystallex, manager of the Las Cristinas deposit, one of the richest in Latin America.

Question: Does this mean Sanz is resigning because it is perceived he is getting some major benefits from advancing the Crystallex project? I remeber RM making positive comments about Sanz when he was appointed.

In this regard, sources associated with the mining area, claiming that President Hugo Chávez would be to define the status of the Trans Canada, and before that certain politicians and leaders of Bolivar were concerned about their participation within the consortium, which triggered a imminent confrontation.

Question: Does this sound to anyone else (like) some politicians were going to be left out of the mining money party and their complaining delayed an announcement about Crystallex from Hugo?

Despite this, reveals a source close to CVG, Rodolfo Sanz rather than leave the injured could soon be occupying a position much closer to President Chavez.

NOTES: I am leaning towards the Vice President replacement theory. It is sounding like the current VP and Ortega (along with a bunch of local/minor politicians and officials) had motives of power, control, money, etc. which helped to muck up this project for another half year.

Lots of reports of workers not recieving thier promised payments and industries grinding to a halt with no support promised by the Venezuelans. Army generals are being appointed to replace civilian heads of ministries, people are being replaced regularly now.

IMHO things could now go very good/bad very quickly.

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