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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: A prayer for Saud and Chancellor

This whole "Chancellor" story has been noise in the background for a long time. It certainly doesn't seem to want to go away. The cancelling of the MOC\killing of the Las Cristinas Project was a non-event compared to the Chancellor saga when viewed through the lens of the Venezuelan media. A few observations:

  1. It would appear that the politicos really do NOT want Chancellor out of jail judging by the recent new charges against him.
  2. Chancellor has been sounding the "corruption charge" against Rangel (connect dots #1 & #2).
  3. Chancellor has a grass roots following among miners, opposition leaders and now students.
  4. Crystallex has been portrayed as the villain, working in conjunction with the Venezuelan government to deny Chancellor his freedom against a backdrop of corruption\collusion between the multi-national and government officials.
  5. The resentment of transnationals is underscored by Rusoro's problems with small scall miners at Increible 6 and the recent assault on Rusoro employees by union thugs.

It looks like any announced development of Las Cristinas by a multi-national (i.e. China with or without KRY) will be met with massive street protests. I'm still waiting for a reasonable explanation of how Venezuela plans to develop Las Cristinas. Maybe there are just too many skeletons in the closet to even go there.

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