Re: White Hat Tenor Same as Black Hat Bondies
in response to
by
posted on
Apr 21, 2014 01:54PM
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
I agree that the fat cats keep getting fatter while us shareholders will be eating scraps. i don't see any other option however. I didn't see any option when we went into CCAA protection since the alternative was to have our shares be worthless under the noteholder plan.
Before anyone jumps on me with our shares are worthless now anyway, at least we have a chance to recover something should management not be able to blow it all. It's like taking a bullet to the head with the noteholders which was 100% death or running through the mine field hoping to make it to the end.
Neither is great but only one was immediate death at the time of CCAA protection.
I would love to hear any comments on what other options we had or have other than to wait and vent.
JJ