Re: The bigger questions to ask
in response to
by
posted on
Jul 12, 2011 10:29AM
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
JJ, unfortunately refinancing is still a big "if".
And if KRY's debt does get refinanced what's to keep the new debt holders from taking on KRY's only asset- the arbitration, and keeping any settlement to themselves?
Somehow I'm afraid the retail shareholder will be left with scraps if at all.
Cividale
Civi anything is possible but why would Kry do a refinancing that would allow any new debt holders from taking kry's only asset and settlement?
I don't doubt the the new debt holders will reap some of the benifits of our settlement when our case is settled but to suggest they will get all the settlement has no chance of happening.