Camrova Resources Inc V.CAV.H

Is our CEO delivering what he promises?

[dlegovich]

So, all in all, we are maybe done with financing (assuming all the warrants will be in the money at some point in the future). And financing consists of primary debt + equity. No subbornate debt. No strategic partner. Greenslade told us that under 2.5 US$/share it would have been better for us shareholders to look at subbornate debt and/or bring in a strategic partner instead of issuing more equity. He also said there was a row of companies asking for parnership (I clearly remember him smiling when talking about this topic). And we weren't able to arrange a subborned debt even if we were backed by Endeavour Mining Capital. So, I would ask to management why did we issue shares at 1.86$ given all the stated alternatives we were supposed to have. Did all these opportunities dissolve in the august credit crunch? I do agree with all of you stating this PP is not a large dilution, but the question remain. Our CEO told us something, but then he went apparently against our best interest.