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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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Thanks for posting ifeelyellow. This report sheds more light on the Judge's position and demeanor towards Kry and the bondies.

Newbold expects the parties to come to an agreement but does not rule out the possibility of extending these proceedings and extentions thru the award in paragraphs 19 and 20. Neubould rejects the noteholders case precident in paragraph 12, but declines to elaborate on our case precident at this time in paragraph 20.

IMO- The noteholders using lawsuits against the officers is retalitory, but legal, this is like a knife to the throat while trying to resolve issues. The judge mentions how this complicates matters- "It is unfortunate that these competing claims have been made at this late date in the negotiations".

Even though the Judge acknowledges a majority of the problems have been caused by the bondholders actions, he also still expects the KRY BOD to negotiate at this time. But IMO Neubould is allowed to make a fair and reasonable ruling for all parties concerned, and I hope this does occur if no fair agreement is achieved during this negotiation extension with the bondholders.

The cash reserve to continue past June is a questionable but with a favorable ruling Tenor should step up to back their investment.

Who knows why we are suspended and if the remedy will appear in nine days. As far as trading our shares are not worthless yet, we just dont have anyone setting a bid or ask so you can see what you have right now. If it goes grey it will still trade in the US IMO and anyone including "The Boss" can pick up some more then. In the greys the prices can swing big on news /rumor and the MM's will not be controlling it there, right?

GLTA....... Hondo.

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