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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: Rusoro announces delay..Had Sued?I guess thats an error/Mamma mia

Yes, it is sad. My post pertained to RML/RMLFF going down the same path as KRY/CRYFQ and GRZ. That path has resulted in trading stops, delistings, and shares revoked. Suggest taking the complete post in context, not just cherry pick. My post was not about stealing.

Fact is, Venezuela has - one by one - taken down each mining company from their respective exchange(s) and making shareholders wish they never heard about mining in Venezuela. Maybe Venezuela knows the game, or maybe it is dumb luck and coincidental. Regardless, the end result indicates Venezuela is smart. Venezuela never was shy about saying they did not like shareholders benefitting off the back of Venezuela. Venezuela has succeeded in making mining companies foreign to Venezuela provide no shareholder benefit, and once revoked - shares are invalidated. Happy Days for Venezuela. Each and every one of these mining companies, regardless of ICSID, will experience a long, long road to recovery. If they ever do recover.

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May 26, 2013 01:51PM
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May 26, 2013 02:12PM
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