The National Post reports in its Wednesday, June 17, edition that investors are tired of Crystallex International continuing to spend millions of dollars on the Las Cristinas gold mining project in Venezuela. The Post's Julius Melnitzer writes that investors believe the project is doomed to failure. Investors have launched a $102-million (U.S.) lawsuit in the Ontario Superior Court of Justice. "The company seems to have an endless appetite for being misled and abused by the Venezuelan government, an appetite that has worked and continues to work to the detriment of investors," said Stephen Hope, the managing member of Outrider Fund. However, Markus Koehnen of McMillan in Toronto, who represents Crystallex, says the suit has no merit. "The bondholders are complaining that the company pursued the Venezuelan opportunity for too long, and that amounts to an attack on the business judgment of the directors," Mr. Koehnen says. "But it's fairly standard black-letter law that this kind of decision is one for the board to make, and just because the bondholders think the opportunity should not be pursued further doesn't make it so." The company has been pursuing an environmental permit for almost six years.