Arbitration Costs

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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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Arbitration Costs

posted on Feb 13, 2011 02:29PM

Expensive is relative.

From Gold Reserve Filing

"We expect the arbitration process to last approximately three years, consume substantial management time and cost an estimated $8 million to $10 million, excluding the time and funds necessary to collect on any award. "

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