Re: The bigger questions to ask
in response to
by
posted on
Jul 11, 2011 04:24PM
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
I really don't see the bond holders as being a problem. They will not be part of the debt refinancing so they will have no say in what happens. I suppose they could screw up the new financing by playing hardball with the amount owing but tough to do when you find out there will be nothing left to take in a BK.
A deal will get done that will keep us alive because nobody wins in a BK except Hugo.