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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: Proposed Australian mining tax riles sector / "pull a mini-Chavez"

They call this a 'Super Profit tax. I wonder if this means that after a certain profit the tax would kick in.

I don't doubt that this all comes from the high (going higher) price of Gold, and continued demand for resources. If gold was profitable to mine @ $500 an ounce, the profit becomes enormous if gold reaches 1500 to 2000 an ounce. This law would only make sense if it was somehow tied to Windfall profits.

Pen

ps......minute and half into the game, it was 1-0 for Canucks, a few minutes later it was 2-0. But it's early in the game right? eh?

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