Welcome to the Crystallex HUB on AGORACOM

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

Free
Message: Re: QVT
Icon president QVT
4
Dec 29, 2011 03:10PM
8
Dec 29, 2011 03:37PM
2
Dec 29, 2011 03:37PM
6
Dec 29, 2011 03:47PM

Dec 29, 2011 03:47PM
6
Dec 29, 2011 04:52PM
7
Dec 29, 2011 05:02PM
1
Dec 29, 2011 05:19PM
5
Dec 29, 2011 09:18PM
4
Dec 29, 2011 11:56PM

The loan terms have a set amount agreed to that the bondholders will gain. In default, sure there will be extra penalties and interest, but I highly doubt the loan terms give them a right to a windfall in excess of those amounts. If the bank forecloses on your house for non-payment, they get the house plus any loan deficiency and costs of collection. They don't also get your first born. Big, big difference. This Gordon Gecko-esque "it's just business" talk is the type of mindset that played a large part in the global financial meltdown.

As for protecting their investment, common sense dictates that the quickest (and probably the only) way they will be repaid is upon kry's successful resolution of the arb. Putting additional obstacles in that path is not "protecting an investment."

2
Dec 30, 2011 01:44AM
6
Dec 30, 2011 03:31AM
2
Dec 30, 2011 07:33AM
1
Dec 30, 2011 12:16PM
3
Dec 30, 2011 12:20PM
2
Dec 30, 2011 12:22PM
4
Dec 30, 2011 12:30PM
1
Dec 30, 2011 12:36PM
1
Dec 30, 2011 12:45PM
3
Dec 30, 2011 01:55PM
Share
New Message
Please login to post a reply