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 10 years ago

in response to jcwillis's message

I agree that the fat cats keep getting fatter while us shareholders will be eating scraps. i don't see any other option however. I didn't see any option when we went into CCAA protection since the alternative was to have our shares be worthless under the noteholder plan.

Before anyone jumps on me with our shares are worthless now anyway, at least we have a chance to recover something should management not be able to blow it all. It's like taking a bullet to the head with the noteholders which was 100% death or running through the mine field hoping to make it to the end.

Neither is great but only one was immediate death at the time of CCAA protection.

I would love to hear any comments on what other options we had or have other than to wait and vent.