Re: Venezuela to Pay Crystallex $8 Million Monthly to Settle Billion Dollar Expropriation

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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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allmyshoes

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Re: Venezuela to Pay Crystallex $8 Million Monthly to Settle Billion Dollar Expropriation

in response to

Re: Venezuela to Pay Crystallex $8 Million Monthly to Settle Billion Dollar Expropriation

Don-wys

posted on Dec 20, 2017 12:36PM

I certainly hope that is a typo and they actually meant $80 Million Monthly.

At least that would "only" be a year and a half.

At $8 Million, we're talking more than 14 years and you know we will be the last in line.

If it is $8 Million and they (KRY) take (took) the deal, does that mean KRY is at the mercy of VZ

to pay it off sooner? Is KRY "Locked in" and has to wait the 14+ years to get the full