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: 1 for 10 reverse split proposed in 6k today!

i hate to bring up the obvious... but...why would we want to remain on the amex?

if the plan is to fight in arbitration we're looking at no/low volume for years anyway. so why not take the cheap route and ride it out. even at $1 there's no way in hell to stay on the amex for 3-5 years.. the volume would be the next de-listing hurdle.....

if there's another reason to try and stay on the amex then mngt better explain it...

with everything else going on i cant for the life of me understand why mngt is fighting this battle...

DKK, right now, with kry bonds doubling in price since we got kicked out of ven i'd say that the bet is the bondholders WILL take over.... that in itself does'nt help shareholders though...

imo, as of right now kry has a nice juicy asset (arb case) sitting there for the highest bidder. and shareholders have virtually no claim to it.....

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