Camrova Resources Inc V.CAV.H

RE:RE:RE:put it all on black..

[mining_pays_my_bills]

@duval- I agree with you here. I work in the industry, and there is no way you get to this pre-commissioning level without a defined mine plan. That is really fishy to me. One of the first things you do is define your mine plan. Whether you bring ore up the headframe in skips or you haul it in haul trucks up the walls of an open pit has a huge effect on the rate at which you feed your plant. You do not build a plant without first knowing what your throughput will be. And this plant is almost completely built. There's a lot going on behind the scenes here, but one possibility I see is that KORES knew all along what they wanted to do with this mine, and the economics are good. They own the majority of the mine, and they own the SRK report. If they let the SRK report out too early, people might see that BAJ has a good thing here, and they actually be able to raise enough money through private placements, share dilution, etc. to retain a significant part of the mine. But, since BAJ shareholders really have no idea what is going on, or what the economics of the mine are , we're not going to put up capital for BAJ. BAJ can't get the money they need to purchase what they are entitled to. KORES will own 90% of this mine, or more. And if they are planning to do a buyout of BAJ, again keeping the SRK hidden serves their interest. Keep the SP low, and they'll get the remaining 10% from frustrated shareholders for a song.