Re: Spoke to RM
in response to
by
posted on
Jan 19, 2011 03:59PM
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
"I really hope the other options work out for you, but considering they involve giving away 2/3 of the project, you can only hope that the ICSID do their calculations on the status at the date of the denial of the permit and not as you seem to think, the date of filing the complaint, for if that was the case any payout would be reduced to your current 1/3 share even if it was at a higher POG."
The 1/3 JV was announced in June of 2010, it can't and will not be part of an arbitration calcs...I think your info is wrong there