Choco 5 definition

Choco 5 project means Gold Reserve's Choco 5 project in the El Callao Mining District, Bolivar State, Venezuela.
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Examples of Choco 5 in a sentence

  • Gold Reserve is engaged in the business of exploration and development of mining projects and focuses the majority of its management and financial resources on its most significant asset, Brisas (a gold/copper deposit), and to a lesser extent the exploration of its Choco 5 project, both located in Bolivar State, Venezuela.

  • Since Rusoro has stated that one of the four reasons for the Rusoro Offer is to “identify opportunities to optimize the development of Gold Reserve’s Choco 5 Project”, we believe that Rusoro must have, or must think that it has, material information regarding the value of the Choco 5 Project.

  • In addition, we are concerned about Rusoro’s possession of information regarding our Choco 5 Project that we believe Rusoro gained through unauthorized means.

  • In addition, Gold Reserve believes Rusoro collected information regarding Gold Reserve’s Choco 5 Project through unauthorized drilling, thereby precluding the Rusoro Offer from being a Permitted Bid under the amended Rights Plan, which excludes any takeover bid made by a party who possesses confidential information concerning Gold Reserve without an appropriate confidentiality agreement.

  • Background [6] Gold Reserve is engaged in the exploration and development of mining projects, in particular the Las Brisas del Cuyuni property, a gold and copper project (“Brisas Project”), and the Choco 5 property, both being located in Bolivar State, Venezuela.

  • In the present case, Claimant holds 100 percent of the Brisas Project and the Choco 5 Property and is therefore entitled to 100 percent of the free cash flows these assets were expected to produce.

  • In May or early June 2008, agents or employees of Rusoro’s subsidiary Promotora Minera de Guayana, S.A. (“PMG”) entered onto our Choco 5 Project and obtained drill samples without Gold Reserve’s permission.

  • Instead, we have determined Claimant’s loss related to the Choco 5 Property by calculating the “wasted costs” associated with the Choco 5 Property investment.

  • Gold Reserve’s losses entail, most prominently, the loss of the returns it stood to gain from the Brisas Project and the right to develop the promising Choco 5 property, the rights to which it 6 Request for Arbitration dated October 21, 2009 (“Request for Arbitration”) (Excerpted) (Exhibit 22), ¶ 96.

  • The total damages suffered by Claimant due to Respondent’s Measures is the fair market value of the Brisas Project as of 14 April 2008 plus the wasted costs in the Choco 5 Property as of 14 April 2008.

Related to Choco 5

  • Brewery means a commercial enterprise at a single location producing more than fifty thousand (50,000) barrels per year of malt beverage;

  • Bakery means an establishment or any part of an establishment that manufactures or prepares bread or bread products, pies, cakes, cookies, crackers, doughnuts, or other similar products, or candy, whether plain; chocolate or chocolate coated; mixed with nuts, fruits, or other fillers; covered with chocolate or other coating; and shaped, molded, or formed in various shapes. The term does not include food service establishments nor home cake decorators.

  • Skateboard means a board with small wheels that is usually ridden by a person. For purposes of these rules, a nonmotorized scooter (a board with a handle) is considered a skateboard.

  • CASA means the Civil Aviation Safety Authority.

  • E-cigarette means any electronic oral device, such as one composed of a heating element and battery or electronic circuit, or both, which provides a vapor of nicotine or any other substances, and the use or inhalation of which simulates smoking. The term shall include any such device, whether manufactured, distributed, marketed, or sold as an e-cigarette, e-cigar, and e-pipe or under any other product, name, or descriptor.

  • factory means any premises including the precincts thereof—

  • Raffle means a lottery in which the prize is won by (i) a random drawing of the name or

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • CAFA means the Class Action Fairness Act of 2005, 28 U.S.C. §§ 1711-1715.

  • Wine means a product manufactured by the normal alcoholic fermentation of the juice of sound, ripe grapes, or any other fruit with the usual cellar treatment, and containing not more than 21% of alcohol by volume, including cider made from apples or pears, or both, that contains at least 1/2 of 1% of alcohol by volume, or mead or honey wine made from honey, fermented fruit juices other than grapes, and mixed wine drinks.

  • HOD means the Head of the Department concerned.

  • Cookies means small files which are stored on a user’s computer. They are designed to hold a modest amount of data (including Personal Information) specific to a particular client and website, and can be accessed either by the web server or the client’s computer. If the Client does not wish to allow Cookies to operate in the background when ordering from the website, then the Client shall have the right to enable / disable the Cookies first by selecting the option to enable / disable provided on the website, prior to ordering Works via the website.