Welcome to the Crystallex HUB on AGORACOM

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: Not opting in

Thanks for the clarity Paau.

I have no idea about timeline. From my understanding they have hundreds of opt ins to process. 

As I mentioned I have no legal background and only know what I have read. Based on what I have read and I can't remember if it was in the court documents or I saw it by googling, the figure used for the criminal rate is supposedly 60% but I can't be sure. Kind of makes my credit card rates look small in comparison I guess.

As to what Gowling is fighting for I'm not sure what the figure is. I'm pretty good with math (not an accountant) but that is above my pay grade. I think the award was for 1.38 billion with interest accruing while we wait. At the pace of things associated with VZ lets guess the award will be 1.5 billion come payday. I imagine someone would need to figure out what is legal and start there to figure it out for sure. That is a lot of money.

Like you said above we ill know more when they have their factum. I thought I should tell you I had to look up factum before answering. Will now have a new one for scrabble.

JJ

 

 

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