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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: A loan to KRY

Can anyone come up with a plausable reason why another entity would be interested in loaning money to KRY management to get them through the arbitration? How would they know what management would do with the loan like pay for "expenses". Anyone looking at the expenses of this company would soon find that they have not been good managers of the cash position over the years. I am not worried about the bondholders. Fung could easily go through the current cash position including the mining equipment sales before the bond holders could get their hands on it. So they are between a rock and a hard place.

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Apr 06, 2011 08:22PM
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Apr 06, 2011 08:26PM

Apr 06, 2011 09:04PM
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Apr 06, 2011 09:48PM
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