bmesigma

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    • Wed Aug 22nd 15:30 PM | Rating: 0 0
      Commented on:
      Crystallex Flounders as Circumstances Worsen
      THE REAL STORY BEHIND PERMIT DELAY:
      (1) We need to go back to PlacerDome when they broke the contract with the Venezuela agency as they found unprofitable to proceed back in the 1990's. Then PlacerDome at the last minute of contract cancellation for non-performance sold all its interest for $ 50.00 to VANNESSA (based in Canada, Calgary) and without any notification to the Venezuela government agency.
      (2) Now, to sell one of the largest gold deposit in the world for $50.00 is a fraud in any country in the world; thus there is a legal battle that need to be settle before las Cristinas can proceed. SO THE DELAY IS BEING CAUSED BY A CANADIAN GALGARY COMPANY THAT COMMITTED A FRAUD AND IS NOT WILLING TO LET IT GO. Behind this scheme is a billionaire from Calgary and a slew of lawyers trying to get some money from the Venezuela government WHO REFUSE TO PAY THESE CROOKS A CENTS!
      (3) Of curse, the government of Venezuela has been winning all the legal recourses against this fraud. However, in last and final desperate attempt, Vannessa and its subsidiary in Caracas, cancelled all the appeals to the Supreme Court in Venezuela and proceed to the World Bank to pressure Venezuela government.
      (4) The World Bank has no financial leverage whatsoever against Venezuela; furthermore, Venezuela is a sovereign country and the sole owner of their resources. So it is just question of this final hurdle to get settle AND IT WILL BE OVER FOR VANNESSA AND HIS GANGS.
      (5) But the good news here is that the NEW CONSTITUTION OF VENEZUELA WILL BE APPROVED BY DECEMBER FIRST WEEK. I am sure this new constitution is addressing this type of fraud and closing the legal vacuum, lobby loops, close back doors that allow corruption and legal vices in the previous law. The constitution always takes precedence over all other legal aspects.
      (6) So whenever I see these nonsense postings I question myself who is paying these guys to discredit Venezuela Government, President Chavez, Crystallex management INSTEAD OF GOING AFTER THE CROOKS that for years have been unable to get a mine into operation!
      (7) Bane needs to post his view on Vannessa fraud and the Venezuela subsidiary.
      (8) Probably Crystallex management and the Venezuela government would not tell you this story as it is legal issue already in court and they are part of or interested party.

      IN THE MEAN TIME ENJOY THIS ACCUMULATION PERIOD

      Cheers
      View article »
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