Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
Message: did we cover this? - Canada's Vannessa expects Cristinas gold ruling in July
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Re: did we cover this? - Yes
posted on
May 22, 2008 11:48AM
This is a very old subject that long predates this board.
In sum, Vanessa is suing VZ for getting booted back when they tried to buy Placer Dome's interest in LC when PD decided to pull out (gold was much lower back then).
The outcome either way will not effect KRY as the only damages available are monetary against VZ. But note that this is still ONLY a jurisdictional decision. Any substantive decision is years off.