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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: Arbitration

The way I read this is that ICSID has ruled over jurisdiction and ruled the case can proceed. Standard delay tactic from Vz. This is what they will probably do to Gold Reserve and subsequently to Crystallex if we file arbitration.

Challenging jurisdiction is an overall delay tactic by defendant, kind of like asking for summary judgement.

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