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."

Chavez: Venezuela has substantial supplies of Coltan
President Chavez has announced that according to preliminary technical studies, Venezuela has important reserves of Coltan valued at around $100 billion. One of the advances last year, the President said, was the nationalization of basic industries and mining. Chavez commented that Coltan, known as “blue gold” is priced higher on the international markets than gold and diamonds. The mineral, Chavez continued, has been extracted illegally and smuggled to Colombia for more than a decade.

Could it be about the nationalization. This article is from 1/10/2011

Please login to post a reply
cytoman
City
Rank
Treasurer
Activity Points
621
Rating
Your Rating
Date Joined
01/30/2007
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
Create a Post