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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: It's not the Russoro saga is it? dparge

Re: It's not the Russoro saga is it? dparge

posted on Jan 08, 2009 10:45AM

Just an off the cuff opinion -- the investment would be the MOA (contract) and all of the terms and conditions thereto. I don't want to get into an extended legal discussion on this at this point, but you also need to consider the other articles of the BIT, and my argument would be that KRY would be owed all expenditures made and costs incurred in complying with the contract and all lost profits.

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