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."

over 12 years ago

in response to mineonmoney's message

I disagree.

what's said or can be said is the easy part, seen this many times, the eventual outcome after creditors get their share will be telling,

No facts but just a guess here. Don't most cases have the creditors amount exceeding the assets? My take is that all debt won't add up to $200 million when all is said and done. Take $200 million off what ever amount you want to use over $200 million and shareholders get something.

If you think that all we'll get is under $200 million the we are all in trouble no matter what happens. I prefer to use $500 plus million in costs as a bench mark for the lowest total possible which leaves shareholders with .75 a share.