Re: Stock price not reacting to wonderful news?
in response to
by
posted on
Jun 02, 2011 03:51PM
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
The news release says "certain" noteholders, not all of them. It's possible that only a portion of the 100 million is involved in this latest development. Maybe a few of the noteholders will get thier money back(equipment sales or creative financing) and some will wait out the arb case for thiers. If they all sued none would get completely compensated at this stage of the game. Who knows.