Re: Thoughts on Current CCAA Situation
in response to
by
posted on
Feb 03, 2013 03:12PM
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
Never thought Noteholders were controlling anything at all. I believe Tenor does.
Never stated the Noteholders are in the right, or have the upper hand.
I saw others post here about DIP funds getting low - am not listening to Bondies.
A lot of this may be from "reading into" my postings.
Have seen no 8K disclosure of Crystallex in talks with Ven.
TSX has more than just Sedar filings as requirements for re-listing. Under CCAA?
Seeing representatives for Management/Tenor/Bondies, but none for shareholder value.
Hope it all works out, but whatever path is chosen by the court will be rough for commons.