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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (5176)	5/5/2000 4:58:00 PM
From: 1-DAY-TRADER	Respond to of 19428

KRY is halted for news ,,, did you see it ?? don't short it on Monday ..this thing is going to fly like crazy :)) It has won a court ruling in Venezuella ... It won against PDG David versus Goliath ... the good guys finally win! exclusive by VHeadline.com Editor & Publisher Roy S. Carson VHeadline.com : Friday, May 5, 2000 -- In what is being seen as the final vindication of VHeadline.com's stance in support of the truth against almost overwhelming odds of corruption and international deception, we can report today that the Supreme Tribunal of Justice (TSJ) has finally ruled 100% in favor of submissions by Crystallex International Corporation (KRY) subsidiary to the effect that its 100% owned subsidiary Inversora Mael C.A. holds prior rights to the prized Las Cristinas 4 & 6 gold fields in southeastern Bolivar State. The substantially documented ruling is being studied by corporate lawyers in Caracas ahead of an expected information briefing to relevant stock exchanges, shareholders and the media on Monday. Crystallex president & CEO Marc J. Oppenheimer is in place in Caracas this weekend with senior executive Robert Fung for final consultations, but first reports are that the ruling spells the final curtain on a debacle which began in 1992 when the State-owned Venezuelan Guayana Corporation (CVG) unlawfully usurped property rights from its rightful owners and put them up for privatization tender to the highest bidder. The circumstances of that sequence of events will surely be etched in the history of Venezuelan government corruption with then CVG mafia boss Sucre Figarella at the head of a group of government officials who feather-bedded already luxurious nests as a prelude to plunging Venezuela into the depths of harrowing poverty and the misery of human despair. We first grew interested in the David versus Goliath saga when Placer Dome (PDG) strangely disposed of it's leading Venezuela executive. The circumstances were strange and, at the time, warranted only circumspect investigation which aroused our journalist interest as Crystallex International's local executive Stephen Goss' star rose higher in the firmament as Bruce McDonald's waned. Inquiries at Placer Dome only heightened our interest as a brick wall was thrown up to prevent information about Macdonald's demise leaking out but, in this business, leaking brick walls are more of an attraction than any impediment or serious challenge. Having got some deeply interested in the developing story, I perhaps devoted too much professional time to the subject as it may have warranted. I pursued legal contacts and sources within the mining community and the judiciary which, again, only heightened my enthusiasm for the David v. Goliath fight ... and so it continued. The coverage has been an illustration of the negative development, the transition and the process of reform through which Venezuela must necessarily go towards its rebirth as a decent nation worthy of its decent people and its pride in hits founding father, The Liberator Simon Bolivar. VHeadline.com and I have been denigrated, email-bombed, threatened, castigated, cajoled and generally made to feel outcasts by those who have wanted to cover-up the scandal of the truth from the outside world. Their futile attacks have only strengthened us in our resolve to see this story through to the bitter end ... albeit now that the end has come, the end is indeed quite sweet as we see the vindication of our labors laid out for all to see. Crystallex International may publish a press release later this weekend, or perhaps on Monday, but we are proud to say we have told the tale as the story unfurled in the sure and certain knowledge that the truth would eventually prevail. It has! We have! Even in the dying throes of the final chapter, the CVG and its lawyers tried unsuccessfully to thwart the truth from getting out. But the TSJ prevailed on the side of reformed justice and had proudly denied the "muzzle" motion. Other figures associated with Venezuela's shameful judicial past will doubtless be scurrying to their comfortably feathered nests in exile from Venezuela's shores for at least a mandatory period to include the prevailing Statute of Limitations on their crimes, but what of Vancouver-based PDG and its future (or lack of it) on (or in) Venezuela's soil? There is of course, the executive wreckage along PDG's trail. Hugh Leggatt is no longer there, Earl Dunlop has dropped out of sight and John Willson has passed on to pastures new ... even Caracas-based Carl Gagnier has dropped out of sight recently, perhaps to avoid the embarrassment of slinking out tail between his legs as PDG has been forced to do elsewhere on it's miserable environmental record. Elias Nadim Ynaty is already confirmed as "toast" and the day has come for Willson to fly in freezers to fill the streets of Caracas with the ice he said would be necessary before Crystallex International would get a look-in on what he thought to be his act. Yes, there is some relish in finally reaching a conclusion where a journalistic "gut feeling" on a story has been proved right! ...but back to work, there's more coverage of Venezuelan news & views to keep us busy and the General Election is but 23 days away!