Re: ANSWER ME THIS
in response to
by
posted on
Jun 25, 2011 01:11PM
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
in the us they would be able to file chapter 11 bankruptcy to reorg and a trstee would be appointed here where there is a large asset i think the company would be allowed to play it out or sell the asset and pay bond holders. I don't think bondholders can get more than they are entitled too.