Only in Venezuela does an asset create debt.

Welcome to the Crystallex HUB on AGORACOM

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

group

Rank: Vice President [?]

Points: 1316 [?]

Votes: 42 Score: 3.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Only in Venezuela does an asset create debt.

posted on Mar 23, 2009 06:34PM

I think the real goal of Chavez is to bankrupt his country. With our situation the Las Cristinas gold mine could actually end up costing the country more than it is worth. If we go to arbitation KRY could certainly see a big payment. Then the next company that comes to mine would take at least 50% of the profit plus our settlement would leave very little for Venezuela, if any.

4 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply