Agoracom: Small Cap Investment - Crystallex International - Re: KRY word on the street / BritNick

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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KRY word on the street

BritNick

Jul 14, 2009 09:01PM

vlada_mexico

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Re: KRY word on the street / BritNick

in response to

KRY word on the street

BritNick

posted on Jul 14, 2009 10:07PM

Thanks for responding.

!. Does PP mean Private Placement? If so, do you expect KRY will negotiate a loan or further dilute our stock?

2. "If I had to guess it would be to take out the noteholders at 30%". 30% of the face value of the Note?

If so, why would the NoteHolders accept a 70% discount, or any discount, if they can force our Management into Arbitration and get all their money in a ICSID setllement, as senioor creditors?

If something doesn't happen soon, I fear we will receive atake it or leave it low-ball offer from China, IMO.

All opinions are welcome.

vlada