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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: ISCID valuations
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Jun 26, 2013 09:47AM
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Jun 26, 2013 12:10PM
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Jun 26, 2013 08:10PM
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Jun 26, 2013 09:15PM

The current/future price of gold shouldn't impact the Gold Reserve award because Gold Reserve's argument is based on loss of fair market value back in 2008. In other words, what a suitor could reasonably have paid for Gold Reserve in 2008. Also, any valuation discount related to the political risk of expropriation is not allowed. Gold Reserve presented several different methods of calculating fair market value and they all were around the $1.9 billion mark.

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Jun 28, 2013 12:24PM
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