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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: December 2009,
3
Nov 27, 2009 07:46PM

This is what Fung is trying to avoid. Don't have the total timeline on Infinito's arbitration, but I gather it appears to be "endless". If you are an "Exxon" I presume you get more prompt service. Last I heard time=money

Infinito Gold Ltd. ("the Company") announces that it has been advised by the International Center for the Settlement of Investment Disputes ("ICSID"), that the President of the Arbitral Tribunal appointed to rule on the Las Cristinas matter, Dr. Robert Briner, has resigned his appointment in the case due to ill health. The parties to the Arbitration, namely the Company and the Bolivarian Republic of Venezuela ("Venezuela"), have been directed to proceed with the appointment of an arbitrator to replace Dr. Briner. Once the process is completed the new President of the Tribunal will join co-arbitrators Prof. Brigitte Stern and Judge Charles Brower.


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