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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: Bondholders
3
May 08, 2011 05:01PM
4
May 08, 2011 07:12PM

does anyone know if the "noteholders" all have to agree to a settlement? usually the notes are sold through a trust party (i.e. cibc mellon) and involve numerous institutions/individuals. it would be nice to know how many folks actually own these notes and who has to agree to a settlement, if any.

i'm wondering if we might run into a situation where some of the noteholders are willing to extend the terms and some wont. or if the notes are just sold at a discount to one party.

no matter how you cut it, something big is getting sold/discounted....soon

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