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Cameo Industries Corp - Ordinary Shares V.CRU


Primary Symbol: 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 by User

Comment by cjsellon Mar 29, 2010 2:47pm
385 Views
Post# 16936075

RE: CRU big boys

RE: CRU big boysNice post Dave great information.  

As I suspected MOE dumped blocks and Severstal is in a weak position.  Either pour in another $230+ million, or settle with Frank, either way the current share price will be tough sledding.

Severstal can complain all they want.  Those guys must be thinking their poop does not smell or something. 

So, in order to get 50% +1 share at todays price of .46 lets play dialing for dollars.

So Endeavour needs another 190,584,419 shares or invest another 87,668,832.74 @ .46 today
Severstal needs another 500,701,123 or invest another $230,322,516.58 @.46 today

CJ
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