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

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Message: May Be Speculation on Friday's Court Action...

...from someone getting in (48k at 315pm, better than half of today's volume) within the last hour of trading. Likely tomorrow's proceedings will see an extension of CCAA protection to March 25 and approval of the bridge loan,... that's if CRYXF got its act together with anyone willing to lend them $3M'ish. Most likely with the noteholders, but we'll see...

May get initial upside from players tomorrow at open, and maybe even a small pop if the bridge loan was actually agreed on. Likely many still wanting out on any pop, so slow and continuing downside trend will likely resume until another event. Value players may eventually step in, but no guarantees. Too many unknowns.

Bridge loan,... then DIP loan,... then re-fi of notes... Lots of loans to try to get to that possible ICSID reward. More and more debt that steps ahead of stockholders.

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