Duude

Venezuela Gold Miners: 'Misappraised'

I can't disagree more with this blog. The reason to discount this deal more is because Chavez and Correa are the law in their countries. If they make a deal, they can rewrite it the minute they see it as advantageous for them in the short run. They don't see the big picture. Chavez can't even understand why El Salvador is currently receiving more foreign venture capital than they are. Chavez isn't a businessman in any sense of the word. He's blinded by greed and ambition. His idea of a great plan is to lure foreign investor capital into his country so as to build a revenue stream and once its established, steal it and anything else that's bolted down. He's a crook, plain and simple. Crook does not equal businessman. All foreign oil companies still in Venezuela will lose all of their investment, time and sweat once Chavez believes Venezuela can maintain any future revenue stream.