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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: Gong Show
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Mar 01, 2011 07:10AM
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Mar 02, 2011 11:28AM
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Mar 02, 2011 11:47AM

I am patiently waiting to hear about any financing

My sense is there will never be a one lump sum finance plan that will act as a reserve to see us through the entirety of a protracted arbitration process.

Instead it will be piecemeal on a need to have basis. First, we will live off what is left of the Bought Deal. Then we will extend ourselves with monies from selling the equipment.

Then Fung will come up with a share dilution scheme to see us through another period time.

They are probably operating under the assumption that a resolution will happen sooner rather than later.

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Rio
Mar 02, 2011 12:37PM
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