Re: Arbitration/ Rusoro
in response to
by
posted on
Mar 20, 2009 04:01PM
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
Going to arbitration will not get us the permit awarded imo it would seal both our fates.
Midas I would agree with this almost completely.
Could you just imagine? After a ten year long effort, then thru arbitration and with an award in sight, the Vennies offer the permit which stops the litigation.
Only to revoke the permit again the following week.
I would suggest that a permit offer after arbitration begins would have to include some legal and monetary gaurantees from the Vennies.
And I hope you are right about the quick decision up/down by the vennies soon!
Thanks, Bob