potential strategic investor

Welcome to the Crystallex HUB on AGORACOM

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Teutracker

Rank: President [?]

Points: 3935 [?]

Votes: 85 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

potential strategic investor

posted on May 24, 2010 01:10PM

Isn't May 31 the soonest the potential strategic investor can convert $ 2.5 million loan into shares basis 5 day average? If 5 day average is 50 cents then isn't that 5 million additional shares? Seems like a much easier approach to picking up shares than buying them on the open market?