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."

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Hail Mary

over 13 years ago

Crystallex seeks the restitution by Venezuela of Crystallex's investments, including the MOC, and the issuance of the Permit and compensation for interim losses suffered, or, alternatively full compensation for the value of its investment in an amount in excess of US$3.8 billion.

Timing and wording ahead of CVG meeting is obvious bargaining ploy. I think Fung already gave the mo' fos his bottom line....."take it or leave it". Agree to the bottom line previously proposed and KRY forgives "compensation for interim losses suffered". Continue to balk and KRY pursues arbitration with no additional negotiation. Has KRY\CRRC ever met with Khan? Are they finally meeting with him next week? Who knows.

Chavez is insane. I can't give a better summary of how far his head is up his ass than was given by auntierooskie.

Still a glimmer of hope for resolution by April....just a glimmer since the people we are dealing with are as stupid as they are corrupt. C'mon CRRC...make us an offer. We've already been softened up for the stink bid.