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."
2
in response to bull frog's message

My own view based on today's new low price is that we will go bankrupt. No_bear stated earlier that we most likely have about 5 million in cash. Enough to pay the bondholders payment and salaries through July. With no equipment sales there is no more cash to pay for anything including the arbitration. Interested buyers of the equipment will most likely wait to get a better price through the bankruptcy trustee. The idea that Fung will save us is a pipe dream. $54K down the drain in my case. NEXT !!!

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osmo
City
Rank
Treasurer
Activity Points
1790
Rating
Your Rating
Date Joined
10/08/2009
Social Links
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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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