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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: Re: Noteholders Propose Restructuring Vote March 6, 2013 NEW DD

Yes, saw the third option "courtesy notice" of going CBCA during initial review. Not sure which portion of CRYFQ is considered as liquid. The office in Ven? Probably the tentacles of Tenor.

Seems the company is throwing out everything but the kitchen sink for another delay.

If not the pricey claims procedure, a CBCA. If not CBCA, the confidential Fung affidavit. If not the confidential Fung affidavit, the new Noteholder offer. Etc., etc.

Everything but showing what the Company's Plan of Arrangement/Compromise is.

Now why would the Company's Plan be a secret from shareholders?

Regardless, one of those excuses should work on the court for another delay.

Anything can happen. Should be interesting.

Monitor's Report Eight should be available by COB.


Jan 31, 2013 03:18PM
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