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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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Message: The CCAA Procedures, Link

What is the worst scenario that you can envision for us vis a vis the noteholders? That the noteholders get the full amount they are owing at a certain interest rate? Personally, I can live with that since I see a substantial recovery in the arbitration. You don't see the noteholders getting any portion of the arbitration award under any circumstances, do you? Personally, I don't. Why should the noteholders accept any proposal other than payment in full? What do they have to lose? As long as they are in line after Tenor, they should get whatever it is they are owed, no?

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