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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: Kry's financing options.

Kry's financing options.

posted on Dec 18, 2008 12:51PM

In the event Kry needs to start the ICSID process and is looking at a protracted time frame, It would make sense for both Kry(corp) and the very large shareholders(Tradewinds Etc.) to sell them a bond issue. The investor, looking at a very strong case against VZ, would protect their investment without dilution and would be compensated with interest. Most all of the large investors have owned shares for some time at a price significantly higher than present. Through this financing vehicle Kry would not run out of capital and ultimately prevail and the investors would protect their investment. I would guess there are discussions taking place in the eventuality that add'l capital is needed.

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