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."
in response to midasinvz's message

midas, the only reason delisting would affect financing is if fungs financing plan is his traditional "share printing press"....the volume on the OTC/pinks probably would'nt be as fluid...by this time i would guess any "shareholder friendly" financing is'nt going to involve issuing shares and selling on the open market...

my hope would be that someone close to this story (possibly even bondholders) cut a deal for a percentage of the company/repayment in some form of a new note...

i have a feeling the purchase price of kry is so low that everyone might get suprised by what happens next. even fung. eventially some bottom feeder will figure this out.

you have a pretty fat asset in the arb case+angry shareholders+cash strapped co.+low market cap= takeover.

Please login to post a reply
cantjustread
City
Rank
President
Activity Points
26782
Rating
Your Rating
Date Joined
10/16/2007
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
Create a Post