Extrapolating upon currently sketchy information from a myriad of Venezuelan sources, it is indeed possible that it is Gold Reserve (GRZ) that is the primary object of the so-called 'nationalization' of its Las Brisas de Cuyuni project -- which would be amalgamated into a very much larger all-encompassing "Las Cristinas" project in a similar "socialist" joint venture between Crystallex and the Venezuelan government, and which could possibly include further gold mining concessions as they become available after the central government rescinds their concessionary rights from previous owners.

Here is my post from Sept.30 check the last paragraph:

Re: Possible takeover targets? Who? How? When? Where? What?

Here is another press release/Chavez statement that does not bode well for us. Positioning for a renegotiation is a valid, another price shakeout/ share takeout scenario is valid, chatter just to impress the masses is a valid argument, just to cause delay and decay share price to BK Crystallex is also valid.

The so called experts are now saying oil is not going to $80 but I am not so sure as I do not have all that much faith the financial crisis will be fixed before another (or the final) downturn. Chavez makes little money on oil under $100. If our economy continues into the tank which is what I beleive will happen, our demand for his heavy crude (and along with us the world demand) will wane.

So again how much pain are his people willing to endure? There is no profit for us in a buyout by Chavez, but there is also not any short term revenue stream to help with his financial woes for him if he renegs on our contract.

In answer to your question: GRZ could be a sacraficial lamb in this nationalization scenario, he reappropriaes GRZ concession and lets Crystallex mine Las Cristinas and start his revenue stream, and negotiates deals with Crystallex to assist him mine the GRZ concession as a nationalized project over the longer term.

(What a drama)