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: Re: EZ your numbers are way too low
18
Jun 03, 2011 03:42PM

nobear, until we can get past the noteholder issue nothing else matters with kry

CJR, I totally agree. Without financing there is no arbitration. Unfortunate, as we have a big pot of gold at the end of the rainbow, the problem is getting there. I think that we can get financing but it could cost us 350 million shares, which is why I am thinking that we could have 100% dilution, cutting shareholder returns by half.

And I agree that at least for now, Fung has done nothing and that any of the Agoracom board members could run this company through arbitration cheaper and better than Fung. I want to see some value added from his position, not a constant demand for options.

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