Cancelling meetings with angry workers that have been lied to repeatedly....trying to down a quick shot of vodka from the flask in his pocket before he blunders his way thru a meeting that he can no longer avoid. Each meeting another case study in economic disaster. The well-being of the entire Venezuelan industrial sector relying on the non-existent business acumen of this bumbling imbecile. If and when this retard ever opens his eyes to find himself in a conference room negotiating the future of the Venezuelan gold mining sector, I think it is safe to say that he won't have any clue what he is talking about. What an Ass Clown.

CVG silence shareholders pushing B to the street
Thursday, February 17, 2011


Exhibited co-owners, some sitting in the middle of the avenue and others with banners, their claims to citizenship. Photo Antonio Garcia Jr. The two main requests of the shareholders of Sidor B closed Wednesday Guayana Avenue, near the corporate headquarters in Alta Vista, were summarized by Jorge Medina, who worked for 18 years with the company. "We need our money invested in stock. We also demand the establishment of a fair price. " The group that wants to secede from the steel criticized the silence of Mibam Minister Jose Khan, who warn of further protests.

Maria Ramirez Cabello

Shareholder Class "B" Alfredo Maneiro Siderurgica del Orinoco (Sidor) closed for three hours Guayana Avenue at the junction near the Corporación Venezolana de Guayana (CVG) to demand respect for their rights and fair reimbursement timely actions.

The lock was a "sample" of what they are willing to do to protect their heritage, as joint tenants 20% of the share capital of the steelworks.

Minority shareholders expected on Wednesday, Minister of Basic Industries and Mining (Mibam), Joseph Khan, gave a response about the technical and financial analysis of reimbursement, and provide information on the point that you must submit to the national president concrete separation.

However, were not received. The principal director of the steelworks, Pedro Acuna, stated that "the minister Khan gave priority to the status of shareholders, all staff of CVG and Mibam are concentrated in the report to be submitted to the National Assembly."

"Despite our age, there is strength to defend our rights and so on Wednesday called on all shareholders to be present to defend their heritage," he said.

6 000 670 owners of more than three million "B" shares, which constitute 47.48% of the batch of class "B", aiming to separate from the steel in the first round of reimbursement.

Claim payments

Jorge Medina (18 years of service, Slabs). "We have over 15 months with no problems and get paid for the excess cash. We are out of work and need our money invested in stock. We also demand the establishment of a fair price. "





Bruno Vasquez (23 years of service, billets). "I do not agree with the socialist model. We ask the President to comply with Class B shareholders and seek a solution for more than 15 000 shareholders. The government has to compensate the damage done to the investors because they took us out into the street with no pension and no Social Security. "



Ciro Blanco (30 years, Tube Factory). "The company offers more dividends because companies are not socialists dividends to its shareholders, much less to the minority. I suggest that we purchase the shares because it is possible to remain socialist, it seems contradictory but it is. "



Jose Guilarte (heir). "My father was a shareholder in B and died two years ago. Worked 32 years with the company and my mom lived on those resources. She is 70 years and requires that money to live because each clinic visit is a coup. Moreover, these actions were not a gift but an investment. "





José Hernández (18 years of service, Direct Reduction). "We call on Members who are in the National Assembly to consider our situation. And the minister Khan, if you are not able to solve our problem because we demand to surrender what is rightfully ours. "



Lucas Martínez (21 years of service, Tube Factory). "We want to separate because this socialism that is a disregard for worker has not complied. We have been abandoned without considering that we are seniors. We have no job or anything like what we had before. "