Venezuelan President Hugo Chavez indefinitely postponed the nationalization of mines Sosa Méndez and the manufacturing plant Revemin, located in the province of Callao the state of Bolívar.

Anybody have any thoughts on this "postponement"? Presuming Revemin is, in fact, a piece of the overall mining puzzle that needs to be in place prior to or in conjunction with the KRY permit I wonder whether Chavez will wait for the price of gold bullion to skyrocket higher (as it is now doing) to motivate negotiations with whoever ends up at the table. My guess is Hugo really doesn't give a rat's ass about KRY's "cash burn rate" or impending need to re-finance or horrifically undervalued share price as it affects us shareholders. On the contrary....time seems to be Hugo's ally when it comes to squeezing the most advantageous deal for "the Revolution".