RE:RE:The game is not overThe game is definitely NOT OVER.
the recent ICSID decision that awarded Gold Reserve (GRZ) over U.S.$750 Million must have sent shockwaves through the Costa Rican legal team.
Our case is I..M.O. is similar in content to GRZ's but stronger in facts.
Venezuela finally realized it would have to "pay up" and has now entered into a joint venture with GRZ for the development of the disputed Brisas and Las Cristinas projects. A kind of "win win" so to speak.
For that to occur in our situation, it would probably take a "constitutional ammendment" to remove the constitutional ammendment that removed the constitutional ammendment that removed the constitutional ammendment that introduced a ban on open pit mining.....and no I'm not repeating myself.
Was Infinito provided 'Fair and equitable treatment " with regards to the Las Crucitas concession?
A fifth grader, no, make that a kindergarten child would provide that answer.
Sancab:
It will probably take another 24 months for a decision to be rendered by the ICSID,
All of this was so unnecessary. The Costa Rican people could have been currently reaping the benefits of a productive gold mine.
Now, Costa Rica faces the reality of paying damages in excess of U.S. $300 Million.
The 'so called environmentalists" should be ashamed.