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."
in response to Jingles's message

I Know only post Kry news but this is from the other board ....... go ahead fire me

There was some real news last week that Kelly made an oblique reference to, but which indicates that the ICSID are prepared to keep the case moving....

February 25, 2011 The Tribunal decides that the Respondent’s jurisdictional objections will be joined to the merits in accordance with Arbitration (Additional Facilities) Rule 45(5).

http://icsid.worldbank.org/ICSID/FrontSe...

What this means is that the Tribunal has decided that the jurisdictional objections from the Ven lawyers are not of sufficient merit to require a separate hearing. This puts the pressure on for the respondants (Venezuela) to argue the whole case in one hit. They can't create the

Please login to post a reply
Hoe
City
Rank
Mail Room
Activity Points
109
Rating
Your Rating
Date Joined
10/24/2009
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
Create a Post