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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: Who holds Title to the LC concession?

Re: Who holds Title to the LC concession?

posted on Mar 03, 2009 09:24AM

the CVG going bankrupt would be the equivelent of the PSUV renigging on oil contracts imo.....

exxon does'nt sue the psuv......they sue the "bolivar republic of venezuela"

same story.....imo

on that note......does'nt the "corporation" (meaning the CVG) being responsible for acquiring the permit.....actually mean that venezuela is responsible for acquiring the permits and that venezuela IS in breach of contract?

sounds like a slam dunk international arbitration to me...



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