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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: Ally who wrote (8484)	5/2/1998 9:02:00 AM
From: E. Charters	Read Replies (1) \| Respond to of 10836

I told you he is looking for the contracts for La Doma Peruviana. Smart little Limanese money grubber that he is, he knows where lamoolah is. He was in the placer mining industry in Venezuela. So.... where do you think he is now? Rounding up Los Homeless in the pool halls to do his contracting work for when Doma names him vp in charge of foreign acquisitions. Notice he always refers to "how business is done in South America" I think the is talking grease and trash to keep the black machine "weget" running. How better to curry Doma's favouritism than to bash E. Charters on the KRY thread, (I am Dome's hereditary enemy doncha know, and an illiterate mining savage.) Dome had better watch out. I know more disgruntled ex-Dome employees than they have fingers to pull triggers by a few duz. We'll get 'em. It takes time but the mill wheel is in spin. First Berlin then the world. EC<:-} uh smokin'? Why Venezuelan of course!

To: Ally who wrote (8484)	5/2/1998 9:39:00 AM
From: E. Charters	Respond to of 10836

So here is a point to pause and ask ourselves., (irrespective of the "friendly" thread rivalry and give and grab we get here) why all the fuss about Venezuela now? And why did Queenstake pull out when they had lots of bucks? 1. Why the fuss? The Venezoleanos passed laws to allow foreign mining corporations to sell their gold outside the state for American dollars at world price. Before they had a 50-50 rule and the bolivar convertibility that they paid for half the gold allowed them to get it for about 270 US when it was selling for 400. Dome delayed its exploration then and negotiated with the gov't for a better deal. They got a compromise deal and then the gov't went to 100% overseas gold sales in an effort to attract more foreign companies. 2. Queenstake, with an advanced property with reserves in VZ and 15 million cash pulled out of Venezuela recently and cited problems with getting rights and long processess of approval. Really Queenstake had not prosecuted much action on their VZ property and feared a green protest on the Imataca thing. Queenie who used to be a placer mining company in BC got out of the development biz about ten years ago in Atlin, BC as it does not sell newspapers and in their opinion selling stock makes more money than mining does. (not!). Queenie's style is la pumpa da dumpa and tie-on-who-needs-an-original-idea-when-other-guys-are- smart-enough-and-will-lead us-to-it. 3. Considering all that is there anything to worry about in the processes to come with KRY? Well I refuse to say that Venezuela will start to become the place in the universe to dump scads of money overnight but of all the countries in South America it has at least a promise of some political and monetary stability from the historical perspective. Corruption of the Latino kind is not going to go away in Mexico, or any other country in L.A. The question we have to ask ourselves is how it differs from our neck of the woods. I aver that corruption in North America is alive and well and makes MORE MONEY than it does in L.A. The VSE is an organized corruption. Most Ontario Ministries are corrupt in handing out contracts. You will never get a government contract in a liberal administration if you are a member of the conservative party. You will never get a taxi license or restaurant license in the city of Toronto without handing out a bribe. And you can keep those with any number of violations by paying. No apartment building in Toronto is built to fire or other code. (they all have oil based paint in the halls) Do you believe those leaking Condos in BC were built without bribes being paid? Would you like to buy a bridge in Brooklyn? You know the condos had to be "inspected". So from our sewer we point the finger. The only difference is Latino corruption is more out in the open and they clean it up publicly from time to time. We don't. (Can you imagine our Supreme Court putting a corrupt former Prime Minister or President in jail? Do you believe we don't have any?) Let's not get that weird ethnocentric perspective that we are so much better than everyone else here in Fortress North America. We aren't. echarter@vianet.on.ca The Canadian Mining Newsletter

To: Ally who wrote (8484)	5/2/1998 11:42:00 AM
From: charred	Respond to of 10836

I have tried to explain in my last post you and Mr.Charters some explanation on open pit mining. I explained it in a way that a non-technical person can understand. I feel what Mr.Charters says isn't correct about the stripping ratio. If you look at other companies who are producing and their company stats, you'll see what I mean. I gave you one example. Isn't that insight or information? What do you mean by it? Just because you disagree it's still insight. Just another point of view. When you invest you should hear both sides. My motive. I joined the thread because all the PDG bashing. I bet the people bashing them has had no dealings with PDG. Mr Charters maybe. The biggest motivation is the country and it's people. I know people who are waiting to see the development take place.