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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: What is best for KRY, Ample assets re Arbitration Verdict /EZ Street

IMO , the ICSID can freeze assests wherever held, worldwide. The United States obtains 15% of its oil from Venezuela, so I wouldn't think it would be a problem to attach funds for these imports, or from CITGO itself.

I was told not to worry about payment, that Venezuela was capable of making good any payment authorized by the Court.

However, this question is best addressed to no_bear or one of our other legal eagles.

Remember, we have the option of trading our Judgement for the Permit and Contract changes on OUR terms. Venezuela can either give us what we want, or have their International funds attached.

IMO, the most important step to take at this time is to file for Arbitration without further delay when legally possible (May 29th, 2009).

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