Agoracom: Small Cap Investment - Crystallex International - Sell Now vs Bankruptcy

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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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bullrun23

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Sell Now vs Bankruptcy - Tax Purpuse Question

posted on Jun 28, 2011 10:40AM

Hey gang,

Anyone know the difference? I've heard at some point that it is harder for tax purposes once it is in bankruptcy to get tax benefits. Not that I am proclaiming bankruptcy but at this point, there is nothing much to cheer about. At some point we may refinance but at this point the only people that are going to make money on this are the executives and the noteholders. It seems far fetched that arbitration will allow anything to matriculate down our way.

Sorry to be so glum, but that was the most pathetic AGM I have ever seen.

Thanks,

Bullrun23

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