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

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Message: Dilutive F word

I know nothing for sure here, DD from prior press release, my take financing could be coming, stock price pushed down making it attractive for investors to risk millions, could have filed a preliminary short form prospectus with regulatory authorities or non-brokered private placement could well be reason for halt, also stock options at this low pps will be a great bonus for management, revise purchase price for previously announce CRRC share purchase at lower price US$2.5 million advance is convertible into common shares of Crystallex at a price of Cdn$0.40 per share could now be change to $0.20 per share for the 5 year period, OR shareholder rights offering, we could be offered warrants at a discount to market, your pick, just how I see this playing out, could be permit but history says....

sorry hoping for great news but need to consider other side jmo

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Feb 05, 2011 02:47AM
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