Re: Arbitration is good for Chavez

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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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fenalet

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Re: Arbitration is good for Chavez

in response to

Re: Arbitration is good for Chavez

magowl

posted on Jan 19, 2011 04:54PM

I've been wondering about the relative value of the KRY/CRRC deal. The Chinese appear to be into Vennie on a large scale. Perhaps they don't really care too much about the cost of an arbitration settlement with KRY; perhaps they agree to share it 50/50. I recall from posts here that the penalties levied against CRRC for breaking our Agreement are very low - was it 1 million?