hmmmmm.....anybody wants some crystallex bonds for 0.39 cents on the dollar

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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finance kid

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hmmmmm.....anybody wants some crystallex bonds for 0.39 cents on the dollar

in response to

Re: Kry's Management Team

The_Vet

posted on Feb 08, 2011 03:15PM

http://www.investinginbonds.com/corporatebonds/(polv5j55xetl4vzg2g4ebym0)/cusip.aspx?action=all&cusip=22942FAA9

Sounds like a pretty good investment for someone with a lot of money. maybe this is what the whole contract denial is about, to get some cheap bonds.

Think about it, if you own the debt, you're pretty much gonna get a big chunk of KRY if the debt has to be converted into shares, or even if you decide to refinance the debt. Think about it, you buy the debt for $50 million, then get it refinanced for $100 mill + extras. Some easy money if you got it. Oh, how the rich get richer.