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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: Venezuela refuses to grant extension Reserve Gold Mine Brisas
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Re: Venezuela refuses to grant extension Reserve Gold Mine Brisas

posted on May 25, 2009 01:23PM

not in our case; KRY will stay

KRY contributed to Venezuela by the construction of many social projects

VZ must mine the gold for keeping economy alive

They will go ahead with Las Cristinas; the purity of gold is very high here, price of gold will go very high

My take is:

Las Cristinas will be in full production when the price of gold will hit the highest level; this is the whole strategy

La Brisas is diff; purity of gold is not as Las Cristinas; Las Cristinas is the largest unexploited reserve of gold and there will be a shortage of gold to meet the worldwide demand

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