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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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Message: Re: Hearing completed
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Dec 09, 2009 03:34PM
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Of course a ruling that there is a change in control triggers an acceleration and the total principal becomes immediately due under the terms of the note indenture, so I think it inherent in their argument that they want immediate payment. Moreover, the only basis to argue for immediate payment is a change in control of either the project or the company.

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