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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: Crystallex's Venezuela woes grow. financial post part 2

Re: Crystallex's Venezuela woes grow. financial post part 2

posted on Jun 17, 2009 05:59AM

Sounds like the bond holders case rests on the definition of what is a "material event" and what is not. So far...the court has said that the public statements of Hugo & Sanz "seizing" the mine and "giving it to the Russians" is not a material event since we have not received formal notification.

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Jun 17, 2009 02:33PM
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