Welcome to the Crystallex HUB on AGORACOM

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

Free
Message: From wall street journal

My read is that Citgo will never be auctioed off. Remember Russia had 49% stake in this company. But what it does do is provide leverage for Crystallex to get the remaining award up front in full and in cash. There must be a time stamped. 3 months?

The asset is too important to Vz to give up. It's the only lane to USD.

Wtith this recent court decision his may be over soon, hopefully.

 

 

Share
New Message
Please login to post a reply