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: E&Y - New entry.

Yep. Two and a half large. Very Large.

Did ya see how in Para 9 (endorsement), notes, "It is not known if there will be any claim in excess of $2.5 million. The Monitor and Crystallex are not aware of any such claim, but it could occur."

Seems excess of $2.5M would be with accrued interest. Seems to make the impression that the company cut a deal with China Rail to not make a claim. Although, the "it could occur" part justs makes for more uncertainty. Market and uncertainty don't like each other.

The Arrangement/Compromise due on Nov29 should be interesting to review.

Time will tell.

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