Re: BIT, Polyus and KRY dparge

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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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no_bear

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Re: BIT, Polyus and KRY dparge

in response to

Re: BIT, Polyus and KRY

dparge

posted on Sep 21, 2009 01:30PM

I agree that we don't end up in arbitration.

You are incorrect on your comment about Venezuela reducing damages by arguing different costs due to mining law changes or that KRY would have to pay higher utilities than everyone else. To confirm this, just read the BIT -- it doesn't allow such games by making any such changes violations of the BIT.

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