Re: ANSWER ME THIS
in response to
by
posted on
Jun 25, 2011 02:11PM
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
IF Bankrupt...
A Cart before the Horse question... But,...
Would think the arbitration would be auctioned off like any other asset.
Then cash would be distributed by Absolute Priority - that is Senior Creditors are paid first, Bond Holders come next, then Preferred Shareholders, and finally the Common Shareholders being paid last.