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: worst case scenario (besides bankruptcy)

We make a deal to convert our debt into shares at a ridiculously low price of say $0.20. adding about 500million shares to our float, or in other words, giving up 50% of our company.

Weren't we already giving up 2/3rd to CREC anyway in our JV? So, now, instead we would have a $2 billion dollar settlement divided by a billion shares, or $2 a share.

Just trying to point out some bright spots on a bad day.

btw, i feel we end only slightly lower by end of day, maybe $0.20.

just my opinion, for what little its worth.

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