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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: Interesting Read
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Nov 09, 2010 07:37PM

Ez,

It's real easy (no pun intended) to figure out why the Chinese are so ready to boost $'s off to investments abroad diversifying thier $ holding ( $800 billion +) to projects such as railways across Vz. and gold mines along kilometer 88. Similiar to these projects China built as a gift to Costa Rica a stadium to play soccer in the central park for $200 million and invested $3 billion into Recope , CR's National oil company.

Chavez may have stalled us here yes, but in the bigger scheme of things he's handed himself a hefty prize to Vz.'s gold assets and partnered with countries he is aligned with politically , but make no mistake "it's for profit" no matter how much they spin it.

seeing the $1.7 Trillion the fed has allowed itself to print out of thin air is just the tip of the iceberg. I'm thinking the M#####'s won't be able to print themselves before long and as gold rises continually you can bet your keister the prospects here couldn't be bigger. Surely the CREC sees the end of the long tunnel. Heck they build railroads and whatever they can just to run from a flawed currency and know value......

I had just been too early to the party and now that it's on we'll just have to see how the tree shakes out.

Gold IMHO will see $2000 before the end of 2012. KRY will have thier prized permit and hopefully whether with or without us the LC project will be a windfall for the indigenous , CREC, us and you guessed it !!!!! Hugo!

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Nov 10, 2010 10:24AM
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