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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

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Message: Re: correct version . . . Lost In Translation (midas)
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Nov 08, 2008 12:23PM

"BTW...let's assume we go to international arbitration and we "win" ten years or so down the road and Venezuela simply refuses to pay?"

GW, it would not take 10 years, and any VZ assets throughout the world would be subject to seizure to satisfy the claims.

But I still think that you are getting too far ahead of it though, still nothing to show we won't get a permit except the usual bad press that has been happening to KRY for years.

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