Re: Some quick arb math for those who want more detail...........nz correction
posted on
Dec 08, 2011 12:33PM
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
FK, Thanks for the math but I have to ask:
Do we really think Chavez is going to pay out $600 million or more to a tiny Canadian "Evil Gringo Capitialist" company, that's he's hated, and screwed over for more than a decade?
And please don't tell me he has no choice. As long as Chavez is in office he will drag this out until we are all in the grave.
Our best hopes (if we're able to avoid bankruptcy and get into a real arbitration) is for Chavez to die....and hopefully today.
As always, I hope I'm wrong but.........
Cividale