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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: Russian & China Troubles

Russian & China Troubles

posted on Nov 11, 2008 10:32AM

A number of sources, you've just received an email from Agoracom, indicate that, due to the drop in oil prices and slowing world economies, Russia is in no position to spend $/rubles in an effort to expand its world influence particularly on a gold mine. Russian banks have little or no money to lend even to the agriculture sector which produces 9% of the Worlds wheat and next years crop is jeopardized because farmers cannot borrow money for planting. China as well has problems or they would not put $565Billion stimulus into their economy. IMO this has all been postering for the election. VZ had better take the bird in hand(Kry) or they'll have nothing.

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