Last Thursday at a meeting with businessmen, Hugo Chávez insisted that "you have to deepen the economic revolution. We need to open new spaces in the path of transition," and while this transition takes place entrepreneurs can work together with the State . "If we need X's many millions of Bs, I would say: do not look, we have. We invest and it becomes a percentage of ownership of the company and would become mixed in varying proportions.
Great news! Looks like Hugo will ante up Venezuela's share of KRY's investment to date as well as their share of investment going forward to develop the mine as part of any 'joint venture' arrangement! Apparantly they're rolling in $$$. Ahhhh....but we know better. We've done our DD. We know he's lying.
How he can publically state that Cuba is his economic model with a straight face is beyond me. Ooops! that's right...we're dealing with a sociopath with a "Jesus Christ" complex.