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Bullboard - Stock Discussion Forum Cameo Industries Corp - Ordinary Shares CRUUF

Cameo Industries Corp is mainly engaged in the business of exploring and developing mineral properties. Its projects comprise of Willa Project, Carrizal Cobalt Project, Montreal Cobalt Project and Big Mac gold project among others.

OTCPK:CRUUF - Post Discussion

Cameo Industries Corp - Ordinary Shares > Here is the link to the Cameo article at simplywall.st
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Post by benzo40 on Dec 18, 2016 3:23am

Here is the link to the Cameo article at simplywall.st

https://simplywall.st/news/2016/12/14/cameo-resources-corp-tsxvcru-does-low-debt-load-make-it-a-financially-strong-company/
Comment by Park1 on Dec 20, 2016 11:16am
I almost laughed so hard when I read that?. They have Debt :- $283,919.00, quite an amount when you HAVE ZERO REVENUE. Quote from Article "As Cameo Resources has no debt and generates surplus cash which can be used to expand or to pay dividends to shareholders, this indicates financial strength.". If they need to pay Debt right now they would need at P/P with at least 10 mill, of shares ...more  
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