Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."
Don-wys
almost 15 years ago
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in response to brundoggie's message

brun, i dont see us going thru an arbitration (at least to the end) but....

other cases in icsid have concluded that in order to be awarded "lost profits" a company must have a "demonstrable ability" to show profits....this is a tough one imo...

my best guess is kry would pretty much be gauranteed $300-$500mil with lost investments+ interest......lost profits are up in the air..

our best course of action imo is to find financing to keep us alive until:

a- the govt changes

b- ven gets hammered in icsid on any case (which would increase our position)

c- ????

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cantjustread
City
Rank
President
Activity Points
26782
Rating
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Date Joined
10/16/2007
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Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
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