Re: I don't get it -- JJ

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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jimmijazz

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Re: I don't get it -- JJ

in response to

Re: I don't get it -- JJ

no_bear

posted on Jan 30, 2012 03:48PM

I couldn't fathom giving away 49% for the $135 million deal plus 20% interest.

If Fung is able to get the DIP done, hold off paying the noteholders until after abitration and only gives up a small back end deal then he deserves more than the $150K.

Being in CCAA has been great for information. I will say that much of what is posted in the affidavits has been relayed to us before but we have always had to take Kry word on it.

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