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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: Fung is a Genius
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Jun 17, 2017 02:01PM
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Jun 18, 2017 08:33AM

Paau, I'm traveling today and don't have much time to respond. I have to take issue with your statement "The best case is that Gowlings win without going to court and the only cost is for the opt-ins."

That would be your best scenario but not for most of us here who have joined together to try and correct what Tenor and Fung did to us. You are assuming that Gowlings wins by not going to court and settles with Tenor. That also assumes that any win would be split evenly amonst all shareholders even those who didn't sign up.

The problem with your best scenario is Gowling and the committee only represent those who have opted in. Shareholders like yourself if you are one can not be included. You would need to represent youeself and make your own deal unless all the opt ins and committee members decide that since your such a nice guy you need to get more than the rest of us.

The committee wants everyone to share equally but to suggest that only opt ins should pay the bills for you seems a little far fetched.

I think the best scenario is to go to court and win even if it costs a bit. The upside of that would be much higher. I said I was looking for $2 minimum and I think it is achievable. 

Most here are already signed up so you are preaching to the choir about a court case.

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bmh
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bmh
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