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

To: PaperPerson who wrote (55059)	1/6/2008 9:58:33 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 78427

"After the other gold plays all zoom and theirs are left in the dust, those two nations will reconsider their policies, which have scared off investors." Can you show me what damage Chavez or Correa have ACTUALLY done to the MINING industry? Sorry I don't see any...yet BTW please don't use Las Cristinas as an example because KRY's problems have nothing to do with Chavez in fact they have advanced the project more under Chavez than under that pig Pedron Carmona Estanga and Perez not to mention the dirty tricks from PDG and their influence over the corrupt judges in Venezuela like Sosa Gomez. The corruption never ends in the KRY story but Chavez had nothing to do with their problems.

To: PaperPerson who wrote (55059)	1/6/2008 11:45:16 PM
From: The Vet	Read Replies (1) \| Respond to of 78427

You are probably right.. It seems that Hugo Chavez is already softening if this report is true... news.yahoo.com "Fiery Venezuelan President Hugo Chavez has slowed his push for a socialist society, overhauling his Cabinet and promising to build bridges to business leaders after an unprecedented poll defeat last month." Gold Reserve (GRZ) would be one of the first to move on any sign from Chavez... They already have most of their permits in place, have over 10.5 million ounces of gold P&P and 1.35 billion pounds of copper in a single open pit and conventional processing without arsenic or other nasty issues. They will have zero cash costs after copper credits with copper at or over $3 and anticipated production of around 456,000 ounces of gold and 64 million pounds of copper annually commencing in 2010 round out the package. Their engineering is virtually complete, all major equipment is ordered and on its way and they still have over $120 million cash in treasury, no debt and 55 million shares issued... (71 million fully diluted) goldreserveinc.com The only reason they are still a $5 stock at these metal prices is investors fear of Venezuela, even though there is no evidence that GRZ has any issues with the government at all and all major permits have already been issued without problems, except for the usual official inefficiency delays commonly associated with countries like Venezuela...