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Guillermo Adrian: "Not a cat in hell's chance that Crystallex will get the final approval!"

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Roy S. Carson
Other government officials say that a restructured Crystallex de Venezuela MIGHT be able to enter into a 50/50 socialist joint venture with Venezuela on Las Cristinas if the company were to be seen to have a long-term interest in the development of Las Cristinas and NOT just (as is claimed) working the North American stock exchanges with absolutely NO benefit for the Venezuelan people or their government."

If, indeed, Rusoro were to show willing to buy-out Crystallex International's Venezuelan involvement, Adrian believes that Rusoro would act immediately to terminate the current Venezuelan management ofLas Cristinas, in which case he believes the government would not be tardy about giving final clearances to begin mining operations.
"It's a 'tranca' -- a roadblock -- that nobody really wants,"Guillermo Adrian says. "The whole situation could be resolved in a matter of weeks if not days, if Rusoro were to make an offer to buy-out Crystallex as well as Gold Reserve ... but I do not know if that is what Mr. Agapov wants!"
Guillermo Adrian suggests that we just have to wait and see what happens first with the Gold Reserve offer and then ... if there will be any offer on Las Cristinas ... perhaps Bob Fung will act decisively to get rid of the ETP factor."

"But at this stage I don't know whether it really matters or not!" he adds.

Roy S. Carson
vheadline@gmail.com

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Roy S. Carson is veteran foreign correspondent (45+ years in the business) currently editor & publisher of VHeadline Venezuela reporting on news & views from and about Venezuela in South America -- available for interviews -- call Houston (more...)
 
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