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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: Opt-in question

Feb 11, 2017 08:51AM
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Feb 11, 2017 11:53AM
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Feb 11, 2017 12:03PM

Gino, have you read the opt in agreement? First off the agreement clearly states they are doing this on a contingency basis. How did you decide that they can can the agreement to an hourly rate. This is simply NOT TRUE!

The agreement also clearly states that they only receive payment (9%) on what they are able to recover above what you already are getting. Gowling gets no money unless they are successful and collect period.

Sorry to seem short and frustrated but I am. If you don't understand the agreement the person to ask would be your own personal lawyer for advice. These questions are red herrings that are not based on any fact in the agreement. They simply muddy the waters with what if scenarios that don't exist.

An example would be what if a meteor hits VZ and wipes out the country do we owe Gowling any money? NO we don't!

Please people, don't take my word or anyone on a boards word. If you do not understand the agreement, pay to get proffessional advise. This deal is a gift. Top law firm in Canada and they only get 9% of what they recover is the bottom line.

JJ

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