Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."
my take
almost 14 years ago
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china
almost 14 years ago
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in response to olorin's message

Exactly. Plus, most posters seem to assume that there is a normal rationality in Vennie decisions, that decisions are made after a careful analysis of the pros and cons of a policy, as far as the betterment of the country is concerned. While I don't think Chavez is nearly as bad as other tin-pots roaming the earth, it is wrong to assume that decisions are made there for the good of the country's economy (even if one admits that he may actually believe that a socialist system is the best way to go).

I don't think it is impossible that at some point in time, Chavez can't simply decide "That's it, we're not honouring international arbitration any more."

I'm hoping that his dependence on China is now irreversible. That's really all I have left to hang my hat on with this play.

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fenalet
City
Toronto
Rank
Treasurer
Activity Points
1060
Rating
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Date Joined
05/11/2010
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Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
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