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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: Minimum buyout price
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Nov 12, 2010 06:12PM
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Nov 12, 2010 06:40PM
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Nov 12, 2010 06:54PM
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Nov 12, 2010 07:22PM
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Nov 12, 2010 07:36PM
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Nov 12, 2010 07:41PM
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Nov 12, 2010 08:15PM

$2 Billion U.S.

If he wants to retain his dignity, at the very least, he needs to get his minimum arbitration value for the MOC.

His "back of the envelope" calculation:

20 million oz. X $100 U.S per oz. (very conservative in ground value)= $2 Billion U.S.

Maybe Fung has told Ven and CRRC:

"I don't care where it comes from, but I want $2 Billion U.S. for the MOC OR give me the permits. Otherwise, I will go the arbitration route. Sort it out between yourselves and get back to me..."

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Nov 12, 2010 08:27PM
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Nov 12, 2010 08:34PM
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Nov 12, 2010 08:50PM
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Nov 12, 2010 08:56PM
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Nov 12, 2010 09:37PM
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Nov 12, 2010 10:34PM
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ctw
Nov 15, 2010 11:07AM
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