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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: Getting our money back
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Apr 10, 2013 04:23AM

Apr 10, 2013 10:38AM

Top of the morning Civi. Just a comment on your "lost future profits" thoughts. Sometime ago I was talking to Doug B. of Gold Reserve about their ICSID claim against VZ. I used the term "lost profits" and he was quick to state that their claim was based on present value of the project. What it would take for a current company to step in and buy Gold Reserve's postion on the project. In other words, an example might be---someone wrongfully takes your home away from you and it's worth $300 thousand dollars. You sue them for $300 thousand.


Apr 10, 2013 12:44PM

bmh
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