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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: PdV moves banking to Citic in Hong Kong

Those words sound sweet, and I do hope you are right. However, a few months back I did some research around ICSID enforcements and did not have a satisfactory result. It appears that there is no effective mechanism for enforcing judgements.

If you are suggesting that the cargo of those vessels delivering to the US could be seized under a lein or some other legal mechanism, then I believe it would be a precedent.

In any case, if the Yanks could take control of 10 to 20 ships, I hope they would be sharing the loot around to us non-US shareholders up in Canada, other wise we might have to shut off their water!;~)

thelongrunner

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