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Camrova Resources Inc V.CAV.H

Alternate Symbol(s):  BAJFF

Camrova Resources Inc. is a Canada-based mining company. The Company operates in one business segment, being the acquisition, exploration and development of resource properties. It has a minority investment in the El Boleo copper-cobalt-zinc-manganese deposit located near Santa Rosalia, Baja California Sur, Mexico. In addition, the Company intends to investigate and potentially pursue alternative project opportunities.


TSXV:CAV.H - Post by User

Bullboard Posts
Comment by member321on Feb 18, 2011 12:47pm
353 Views
Post# 18159049

RE: Interesting history:

RE: Interesting history:From this point onward there is to be no more dilution.

The developement is financed. 

Baja has a very inexpensive line of credit. 

Current metal prices on the credit give a negative cost on the copper. 

Production costs are low

Three year payback

Community is on board. 

Port shipping is a stones throw away. 

The mining was successfully piloted. 

The metallurgy is proven. 

Baja makes lots of money even if copper price fall back significantly. 

New developments coming on line in the next years are insufficient to meet the forecast additional demanded needed in China let alone all the other growing demands around the world. 

Current share price is only 1x future earnings. 

The mine is in a safe friendly mining jurisdiction - Mexico.

This is one of the best bargains in the mining sector with very little downside risk and huge upside.
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