Hello Carl;
One reason may be that PDG has given the courts apparently, over 2000 documents to help fight their case.
I would say that it would take some time to make any sense of this, for any court??....wouldn't you agree?
Just to touch on some thoughts you brought up early on, It is a published fact that the judge presiding over this ruling which will be the fourth ruling,stated that it will be final, and that there will be no recourse for any party after this.....after all the CSJ is the highest court in the land of Venezuela.
The dispute that is apparent, is the word "appeal", apparently and this is how I have had it explained to me, because it did confuse me at first, the action of "appeal" in the court of the CSJ does not mean the same as we would acknowledge appeal here in North America.
For us an appeal means, to question, or try to have your argument reheard.
Now in Venezuela, and again this has been explained to me, I am no expert at this, the "appeal" that KRY has launched, is to have the rights to the minerals stripped from the CVG, and indirectly PDG, for they only have a work contract with the CVG.
Contrary to what PDG had announced last summer, all 11 motions are before the court.
Their argument is based obviously on the fact that the CSJ has on three previous occasions, declared that the title to the property belongs to Inversora Mael, and this declaration does back to at least 1991.
CVG never had the right to promise to PDG that they would be guaranteed the mineral rights.
I hope that I have made sense with this, if not I am sure that i will be able to retrieve a better explanation.
With regards,Frank |
