jimmi, hugo made a statement along the lines of "the ven government has rescued las cristinas from the transnationals"..he made the announcement in belarus but did'nt say much else. natalie garcia has been on top of the LC story for some time, garcia has good sources in mibam that suggest a "venrus like" JV is likely with possibly the chinese..very few facts...makin, myself, GW posted most of the prominent news articles.

here's my take after sniffing thru all the BS (and my nose is tired): i really think we're going to get a clearer picture of our fate very soon (maybe as early as monday) but soon after hugo gets back in venezuela. after reading gw's recent post i'd say two weeks at the latest.... after all the ups/downs with this stock i actually bought a good chunk a day or so ago at .32 because i believe there will be a buyout/JV/arbitration announcement (i hav'nt done that in a longgg time). i believe all 3 would make the pps rise...

my money says our chances are 1. buyout 2. JV partner in a combined LC/LB china/ven JV or 3. arbitration... in that order...

good luck to all of us!!