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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: Cash Position

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.

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