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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: Just spoke with RM.....nothing earth shattering

Recently I had exchanged PMs with no_bear who is a lawyer and has experience in international arbitration.

He told me that under the terms of the Bilateral Treaty we could notify VZ that we believe there has been a breach because they didn't deliver the permit in a timely fashion.

VZ would then be given 6 months to give us the permit or they must submit to arbitration.

According to no_bear the arbitration process could take many years. If we win, the reward would be substantial.



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