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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: Looks like Cemex not affected

Apr 07, 2008 10:50AM

"The Mexican government has strongly condemned the possible takeover of Cemex's Venezuelan holdings, saying the property and rights of Mexicans were not being respected."

The more govenments (especially Hispanic) that go on the official record when Hugo starts talking nationalization the better. One of the "Fast Money" crew was calling Cemex a "BUY" after the drop on the news. Just another factoid that helps put "Venezuelan Risk" in perspective.

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