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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: Is there any concrete evidence that Chevez is involved in delaying the permit...

Re: Is there any concrete evidence that Chevez is involved in delaying the permit...

posted on Dec 22, 2008 02:02PM

"What will get Chavez' attention is an $8,000,000,000 ICSID Arbitration case. This is roughly half of 20M oz's at $800/oz. It would amount to 15% of the 2007 national budget. That just might do it."

Now THAT would be just lovely!

If we don't get the Permit or a settlement from Vz Govt/ within, say, the month of January, do we have to wait until May 27/09 before we can go to Arbitration?

Anyone know? TIA



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