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."

Exterran (the successor to Compression Holdings through a merger) filed their arbitration claim for $500 million in 2010 and got paid $442 million in a settlement a month or so after the July 2012 arbitration hearing -- $177 million cash and the rest over 4 years. If anyone is interested here was the press release at the time: http://phx.corporate-ir.net/phoenix.zhtml?c=113213&p=irol-newsArticle&ID=1723334&highlight=

I still say that my opinion is that collection is not a real issue with Venezuela, as this result demonstrates.

I think I could be reasonably happy if we get close to 50% of our claim, much less the 88% Exterran got.

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no_bear
City
Rank
President
Activity Points
18256
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Date Joined
10/15/2007
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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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