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 EZ Street's message

For once EZ and I agree on at least a couple of things. I too would like to see Ven get spanked with a heavy 3 billion+ ruling by the ISCID but I don't see any evidence that the ISCID will rule in our favor regarding so called, lost future profits. If we win anything at all it might be to recoup the lost investment and maybe something small, but punitive, to make a point.
The bigger questions are: will KRY live long enough to see that ruling and, if so, will KRY ever get that money out of Ven?
Yes, I know the argument that the World Bank would siphon off the money, as EZ says, but I would expect that any country told to redirect oil money, owed to Ven, into KRY's pockets, would just find a way to stall that action to avoid the wrath of Ven. Because I'm pretty sure if any country did not pay Ven for that cheap oil (for whatever reason) that Ven would tell that country: "If you redirect our oil payment to KRY........ no soup for YOU"!
Cividale
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Cividale
City
Rank
Treasurer
Activity Points
1446
Rating
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Date Joined
04/27/2010
Social Links
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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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