Re: Over Subscribed?
in response to
by
posted on
Nov 17, 2011 04:32PM
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
Personally I'm waiting for a douple pop when two pieces of the puzzle to fall into place. The first pop will be when the PP closes. I'm not expecting anything more than $.30 to $.35 on that. The more significant pop, in my opinion, will depend on who bought up the debt - i.e. passive investor or active miner.
Do the terms of the PP limit the bond holders to 20% interest p.a. if we attract a buyer? Is the big bonus only tied to the arbitration award?