CVG said MOC is cancelled including Clause #19 and no 90 day window

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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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kryptoniteninja

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CVG said MOC is cancelled including Clause #19 and no 90 day window

in response to

Re: What do you make of this? Any thoughts?

bamajag

posted on Feb 10, 2011 06:10PM

Can the people over at Vheadline be really that stupid? Why do they site a contract in their article that the CVG deemed cancelled.

If anything, the lawyers would have told the reporters KRY, in fact, can proceed directly to arbitration because the CVG violated the contract first by not providing a 90 window to fix issues.

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