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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: Venezuela Draft Legislation Sets Ground for More Privatizations

I fell off of my chair when I read this paragraph: 

The law also opens up the possibility of returning dozens of expropriated companies -- from soap makers to cooking oil producers -- to their previous owners after most fell to ruin since the government took them over. The former owners, some of whom have since sued Venezuela at international courts seeking to recoup billions in lost investment, would be required to agree to quickly restoring production, the draft legislation says.

Sadly, even with spot gold at $1900 today, it's too little, too late for us robbed shareholders.

 

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