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

Free
Message: Re: Cash Position
10
Jan 06, 2010 11:36AM
3
Jan 06, 2010 11:42AM
3
Jan 06, 2010 11:46AM
6
Jan 06, 2010 12:06PM

I think a merger/buyout would be my vote midas but I only see us getting a $1 or so out of it. If we choose to file for arbitration, it might trigger a loss of control of the project which makes the $100M in notes due immediately. Can't have that. If we wait it out, our cash runs low. The Chinese know this. So I think they'd rather wait it out and see if we file for arbitration. If we do, VZ will award the contract to them (for a fee of course). They have waited this long to get their hands on LC. I don't think they'll mind waiting a bit longer if it means getting the price down. Especially if you believe the price of gold will rise.

6
Jan 06, 2010 12:55PM
1
Jan 06, 2010 01:25PM
1
Jan 06, 2010 01:25PM
12
Jan 06, 2010 02:12PM
3
Jan 06, 2010 02:16PM
1
Jan 06, 2010 02:18PM
4
Jan 06, 2010 02:21PM
3
Jan 06, 2010 02:24PM
7
Jan 06, 2010 02:35PM
7
Jan 06, 2010 03:08PM
8
Jan 06, 2010 03:30PM
3
Jan 06, 2010 03:30PM
10
Jan 06, 2010 03:31PM
1
Jan 06, 2010 03:40PM
9
Jan 06, 2010 03:41PM

Jan 06, 2010 04:02PM
2
Jan 06, 2010 04:06PM
1
Jan 06, 2010 04:11PM
6
Jan 06, 2010 04:12PM
6
Jan 06, 2010 04:15PM
3
Jan 06, 2010 04:15PM
4
Jan 06, 2010 05:07PM
7
Jan 06, 2010 05:28PM
5
Jan 06, 2010 05:43PM
4
Jan 06, 2010 07:21PM
8
Jan 06, 2010 07:51PM
7
Jan 06, 2010 09:36PM
6
Jan 06, 2010 09:40PM
5
Jan 06, 2010 10:02PM
1
Jan 07, 2010 12:28AM
4
Jan 07, 2010 08:09AM
2
Jan 07, 2010 12:49PM
Share
New Message
Please login to post a reply