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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: Re: Pdvsa confirms debt bond issue to pay domestic obligations...Joepas...

Jun 25, 2009 02:31PM

Re: Pdvsa confirms debt bond issue to pay domestic obligations...Joepas...

posted on Jun 25, 2009 11:40PM

I haven't seen anyone talk about the announcement that the Russian Government and the VZ government are starting a BANK together, with initial funding of 4 billion dollars.

I believe this is apart from all the other announcements of bond offerings etc.

IMO, this could be where the money comes from to finance a Russian entity, possibly with a Rusoro conection, to purchase KRY.

On another note, could it be possible that the KRY contract be bought , but that KRY would be 'contracted back 'to get things up and running? The best of both worlds?

Penderite

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