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."
Re:
over 13 years ago
3
Re:
over 13 years ago
0
in response to midasinvz's message

I am patiently waiting to hear about any financing

My sense is there will never be a one lump sum finance plan that will act as a reserve to see us through the entirety of a protracted arbitration process.

Instead it will be piecemeal on a need to have basis. First, we will live off what is left of the Bought Deal. Then we will extend ourselves with monies from selling the equipment.

Then Fung will come up with a share dilution scheme to see us through another period time.

They are probably operating under the assumption that a resolution will happen sooner rather than later.

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turtlefoam
City
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President
Activity Points
2246
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Date Joined
11/29/2007
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Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
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