Re: Rusoro's run and potentials implications for Crystallex..
in response to
by
posted on
Jul 25, 2023 03:26PM
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
Currently there is no mechanism in place that has been approved by the courts for the distribution of the award money. My best guess is shareholders will be offered a deal by Tenor/crystallex to buy our shares. This will allow then to avoid legal action over the tax losses and mining data they stole from us. I would assume the money would placed in our accounts like it would for any sale.
I suppose it could be done by check but that seems fraught with problems. That is why I believe we will see shares reinstated before Silverstein agrees to anything.
I have no actual knowledge but this is my best guess.