Re: Where is the announcement by Crystallex
in response to
by
posted on
Jun 14, 2012 02:14PM
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
We are in bankruptcy protection so not bankrupt. This will remain in place unless Fung can make a deal with the noteholders which given their history is highly unlikely.
Not sure why so many people thought the price would immediately jump. We are in the pinks and nothing has been accomplished yet towards moving the price higher. Once the financials are completed and we get back on the venture things should improve some what.
Now that the note holders are licking their wounds and getting ready to pay our legal fees their are no obstacles to seeing our case to conclusion.
I plan to go into hibernation until something material happens.
JJ