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From: andrewjp1...@hotmail.com
Date: Thu, 18 Jan 2007 11:11:14 -0800
Local: Thurs, Jan 18 2007 2:11 pm
Subject: Re: Anyone Else Trading This Big Dip?
I don't think Venezuela is an investor friendly environment...however I
don't see Chavez doing the Castro style expropriations. Chavez has more than enough money to pay fair value for the nationaliztion of these companies in telecom, energy, mining, etc. We shouldn't lose everyhting. If he is smart, he will realize that he will need professinal companies like Crystallex, Chevron, Verizon, etc in order to provide investment and modernizations. If Chavez allows local miners to mine the Las Cristinas project, it will make him popular but will be a poor recovery of the mines and probably be an environmental disaster. I feel bad for Venezuela, the effects of Chavez will be disasterous for Venezuela. You must Sign in before you can post messages.
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