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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: silvertoad who wrote (1761)11/11/2005 8:43:22 PM
From: TrueScouse  Read Replies (1) | Respond to of 78416
 
jb:

I understand your concerns about Venezuela, but IMO there are far riskier places in the world -- especially given the nature of CSL's project. A major focus is to clean up the mercury pollution from decades of illegal mining and ensure a better water supply for the majority of people in the Lower Caroni area. The VZ government sees this as a "project of national importance". One of Cadre's directors, Marcello Viega, is a world-renowned expert on this problem and has his finger on the pulse of UN funding, etc. If this process is successful in VZ, it can be "exported" to other Amazon-basin countries such as Brazil with the same history of garimpeiro mining and mercury-pollution. Viega is Brazilian and this is his specialty. Other CSL principals have been working in VZ for decades on a wide range of projects. I think they're very used to dealing with the political process there -- as evidenced by survival over the last 10 years!

I'm confident that the project will proceed.

Regards,
Howy