Crystallex International

Welcome to the Crystallex HUB on AGORACOM "Crystallex International Corporation is a Canadian-based gold producer with operations and exploration properties in Venezuela."

over 13 years ago

in response to mineonmoney's message

MOM,

True enough,

but there were also a lot of buys in the $30 range in dec of 2009, after the hostile bondholders pretty much lost their case, and about 6 months before The Chinese JV announcement was made.

Maybe leading up to that announcement, the Chinese bought into the debt, considering that part of our JV agreement with them had them taking over our debt, and having the option to convert it at 40 cents a share or something like that. And possibly continued buying all the way up in anticipation of a permit. Maybe, just maybe, our debt is in the hands of a friendlier group of investors (Chinese?) than the Bondholders who took us to court. Just a theory, for what its worth.

And EZ, it wouldn't necessarily have to be China directly that helps fund us through arbitration, just maybe a chinese investor, with some offshore entity that Hugo doesn't necessarily have to know about. But ya, I know, i'm grasping at straws here, lol.

Anyway.