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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: Re: Court of appeal
4
Jul 18, 2012 08:06AM

Thanks. Interesting read.

It looks very possible that the Supreme Court will hear the case, just to clarify and set the precedent to section 11.2 of CCAA. I can't see how the Supreme Court would reverse the CCAA judge's decision though, as his decision follows the spirit of the law, even if it does not follow the normal procedure. Most company that runs out of money doesn't have a pot of gold 2 years out and a few millions in.

More time to accumulate :)

1
Jul 18, 2012 09:49AM
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