Wednesday, December 05, 2012 1:40:39 PM
Small victories for Global Gold are turning into big problems now. While Mr. Van Krikorian of GBGD claimed he won the arbitration on the Marjan Project against Caldera, it tuns out it was all for nothing.
The Marjan Project which Van Krikorian secured through a license issued to GBGD on April 22, 2008 turns out to be be issued illegally.
Caldera put out a News Release earlier to day. You can read it at:
http://www.calderaresources.com/2012/12/republic-of-armenia-politician-claims.html
Caldera is still waiting to see if the Arbitral award will be confirmed.
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