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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: same thing again but notice final paragraph with a different twist

Re: same thing again but notice final paragraph with a different twist

posted on Jan 14, 2009 09:55PM

Quite a diffent ending to the 2 stories. I've been big on quotations lately. The first one has quotations from Sanz and is more positive for KRY. The second has no quote so I take it to be the opinion of the reporter. As usual, the slant is negative.

Minister of Basic Industries and Mining (Mibam), Rodolfo Sanz, said that "on the instructions of President Chavez he is going towards a process of industrialization in the exploitation of our minerals: gold, diamonds, uranium, in all, including those of ferro ".

Referring to Las Cristinas, said that" whatever the final decision, the State will always have control of all fields. "


The decision not to renew the concession to Crystallex prevents the same thing from happening that (happened )with El Callao Gold Mining, a subsidiary of Hecla U.S. and the Canadian Gold Reserve, also present in Venezuela.

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