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Callinan Royalties Corporation CCNMF



GREY:CCNMF - Post by User

Post by justwinon Mar 10, 2008 11:37am
405 Views
Post# 14632584

So all you knowledgeable longs

So all you knowledgeable longsi was reminded of something on the weekend that goes back years here and hopefully some or one of you can confirm. Makes for great discussion.

CAA has a 6 2/3 % from HB,but years ago they also paid for the government  of Manitoba's portion in the project which increases their share to 14% +/- and which HB refuses to acknowledge.

Based on the calculation of $207 that HB is telling CAA the cost per ton was and the $36+/- HB was telling their shareholders the cost per ton was, which was stated by someone here, CAA's payout could be massive.

Interesting decision coming on the 25th.

I sure hope someone has been selling this short.
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