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 jcwillis's message

The only real value in this company is the arbitration. Why does it matter if there is a reverse split or it gets delisted? It is all about the arbitration. If it gets delisted you can still sell your shares, but at this price why would you? If there is a rs the so called big boys will definitely short the crap out of the stock and drive the price down anyway. Most funds can not buy the stock unless it is above $5 but you know at that price hedge funds are just going to short it now for the gains knowing any arb rulings are probably two years away. No matter what the price is the only thing that will probably affect the market cap in the long run is the arbitration ruling or a buyout/payoff from the CRRC and if they give the company away to refinance then we have nothing anyway.

It is all about the arbitration.

Please login to post a reply
nitro426
City
Rank
Mail Room
Activity Points
51
Rating
Your Rating
Date Joined
10/17/2008
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
Create a Post