Re: Back of the envelope calculation...
in response to
by
posted on
Jun 26, 2009 11:31AM
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
I think Mr. Fung placed a very reasonable number on the table to lower expectations. In negotiations we will probably get half of that number from the mining company taking over the contract. If we do not get half I agree with you- sell all equipment stop all Ven operations, fire all employees and only manage the arbitration.
Clearly in the actually arbitration the numbers will be alot higher.