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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: Rusoro Mining Ltd / evasive report
1
Nov 30, 2009 10:54AM

It seems that someone in Ven (probably the CB) is taking their cut so RML is just sitting on the gold rather than selling it for a discount. Of course the question then remains; is that unsold gold being valued as income at the actual spot price or at the discounted price. That could make a real difference to profitabilty.

Isn't this an "expropriatable offense" based on past history with similar circumstances in VZ?

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