Re: Looks Like it Was Not a Paint
in response to
by
posted on
Jun 08, 2011 01:45AM
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
Your calculations look sound EZ providing the arbitration financiers are very charitable.
I think that for them to put up the funds to finance the company and the legals involved in the arbitration they would require a little more than a slap on the back and their money back.
I would expect them to ask for a substantial share of any settlement or at the least a signficant number of cheap options so they could participate. Otherwise why risk their money on a court case with possible collection difficulties even if they win. Better to buy government bonds and save the risk and hassle?