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 RedRock's message

"over subscribed" give me a break, in an environment where viable companies with hard asset to secure bonds ie proven mines with precious and base metal or oil and gas are having a hard time getting deals done a bond issue back by an arb case will be a very difficult sell, issue could be pulled off for the right price but won't be surprise if this is under subscribed or closes at all, with all the problems in Euro zone and North American banks risk aversion, where is this private placement money coming from, Italian bonds are down yielding 7% plus, would you invest in Italian bonds or put 120 mil into a company that without this financing wil defaulting on a 100 mil bonds deal?? some just loves to hear what sounds positive, until PR of this deal closing and coins are in the bank, nothing has changed, some may like you to believe for whatever reason, would think by now all the BS about inside info over the years would be lesson learnt, sometimes reality is not the popular thing to say

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mineonmoney
City
Rank
President
Activity Points
20094
Rating
Your Rating
Date Joined
05/24/2008
Social Links
Private Message
Crystallex International
Symbol
CRYFQ
Exchange
PINK
Shares
365M O/S, 417.5M FD
Industry
Metals & Minerals
Website
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