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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,
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Nov 27, 2009 07:46PM
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Nov 27, 2009 08:49PM

7-1\2 years and counting with no end in sight. If one presumes that all entities are treated equally in international arbitration (i.e. with respect to timely disposition subsequent to filing), then one might wonder whether KRY has money to pursue arbitration against an opponent that has the will and unlimited funds to drag things out as long as possible. Any of you legal types that can explain why KRY can anticipate more prompt service in IA than Vanessa, please feel free to jump in and provide a fact based explanation (TIA). Fung better have a "Plan B" to allow us to stay the course if IA becomes necessary. If he's bluffing (and this is known)....it wouldn't appear that we have much negotiating power. The one positive thing we have going for us (that we, as unenlightened shareholders are privy to) is the skyrocketing price of gold.

On May 30, 2002, Vannessa, with assistance from the Canadian Embassy, files a formal notification of international arbitration under the Bilateral Trade Agreements (FIPPA).

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