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To: Greg from Edmonton who wrote (62829)1/22/2001 7:48:58 AM
From: russwinter  Respond to of 116752
 
PDG is under increasing pressure from the Venezuelan government, owner of a 30% interest, to resolve the project's uncertain future. On July 15, the Corporacion Venezolana de Guayana (CVG) can rescind the work contract it has with Minera Las Cristinas CA, the joint venture company, if the project sits idle for twelve months.

They could have done it last July but gave PDG another year. Word from GLDR is that they won't do it again.