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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: Arbitration
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Jan 23, 2010 08:29PM
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Jan 24, 2010 12:46PM
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Jan 24, 2010 01:45PM

At the beginning of 2009 many posters were saying we would run out of money by 3rd quarter of 2009 and management should tell shareholders how Kry would survive. At the AGM RF said Kry had no problem in the past raising money and didn't believe it would be an issue in the future if it was needed.

Kry has made it clear that they believe they can raise money if needed. They have also said that any financing wouldn't involve major dilution of shares. They are looking at alternative models. We can speculate but only management knows for sure what path they plan to take.

I don't see BK as being an issue. We were going broke in the 3rd quarter of 2009 and we're still here. We we're going broke by year end and we're still here. We were told we had enough money for the 1st quarter of 2010 and were here right now. I've heard we have enough for the 2nd quarter of 2010 but who really knows for sure.

All I know is that we have been on our death bed for quite awhile now yet we're still here. If RF says we won't go BK that's good enough for me.

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Jan 24, 2010 03:10PM
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Jan 24, 2010 04:58PM

Jan 24, 2010 07:11PM
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Jan 24, 2010 08:26PM
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