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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: Court Allows For Higher Bids

I guess they could ASK for a third round.  The judge has been pretty emphatic that the sales process will continue as planned under the timeline established last year.

Yes, it can be modified, and yes, one of the mandates of the sales process is to maximize the proceeds.  That was demonstrated by the judge allowing top-off bids. The GRZ spokesman said they were just made aware of this.  If two or more bidders really want to buy Citgo, they could send the price much higher.

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