Worst case scenario???

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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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brundoggie

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Worst case scenario???

posted on Mar 11, 2011 02:47PM

If possible and if we had to raise all the bond money and arbitration fees by diluting shares we would need approx $125 million. If you divide that by current price .15 we would end up with an additional 833,333,333 shares for a total outstanding shares of 1,175,333,333 shares. A two billion dollar settlement would net $1.70 per share. A three billion dollar settlement would bring $2.55 per share. If the numbers are correct I will wait three years for that.