Re: Opting in

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

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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jimmijazz

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Re: Opting in

in response to

Opting in

Paau

posted on Mar 28, 2017 05:29AM

Paau could you point us to the message where you were asked whether we should be opting in? I would like to read it.

You also contradict yourself from an earlier post: http://agoracom.com/ir/Crystallex/forums/discussion/topics/687789-a-thought/messages/2143509#message

Here you tell Optiongal " However, the most likely scenario, if it was clear Tenor could lose, would be for Tenor to offer a settlement agreed with Gowling prior to judgment."

Your saying that Tenor would try to settle if they thought they would lose. Since Gowlings and the committee can only represent opt in shareholders this would leave those who took your advise in the cold. It would also save Tenor MILLIONS! That alone is a good enough reason to opt in.

I don't know the numbers but lets say there are 100,000,000 shares with the opt ins. Tenor realises they are gpoing to lose say $600,000,000 million because of what they did. That would be around $1.25 a share more for shareholders. Under your scenario Tenor could come in and offer the opt ins $3.00 a share and save $300,000,000 million.

Seems like a very good reason to have people work to limit opt ins! Your comment that you don't think people should opt in or not opt in instead they should seek legal advise. Really interesting. What is your path since you think there is a better option?