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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: Latest report speculates Venezuela will nationalize gold mining...
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What concerns me is that Vz wants to use the gold extracted to add to THEIR gold reserve. Currently KRY gets the lion's share of the profit from the extraction of gold. It sounds like the nationalization goal is for the state to take the lion's share of the profit instead of exchanging oil revenue for gold.



How does the profit model compare between GRZ (owning a mining consession) vs KRY (operating contract)?

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