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: This may be overly simplistic...

I am a litigation attorney but I work for a small company now. And what's happening with KRY is beyond my expertise.

But everyonce and a while I used to run across a client that was screwed so royally that you were dying to get them in a courtroom. I was also on the other side of that and would do almost anything to settle and avoid a trial.

But that's how I see KRY. The company that you want in court or don't want in court, depending on whose side you are on.

I have been negative on managment. I thought they should have filed long ago. I still think that. How they could blindly trust VZ is beyond me.

But I'm a little more optmistic now. Maybe I'm naive but I'm still optimistic.

I have read the opinions from those who know more about the stock market then me and about how hard it is for a company to bounce back from where KRY is. I believe them.

But can't KRY, given that they were screwed royally by VZ, be the exception? Really, does it get any worse than this?

I hope cooler heads prevail in the immediate future. I can't think of a reason why a judge would not want to give us our day in court, even given the competing interests of the noteholders.

It seems everyone can win here...except Hugo.

Have a safe and happy new year.

Share
New Message
Please login to post a reply