GREY:CCNMF - Post by User
Post by
btshooteron Apr 23, 2008 6:05pm
324 Views
Post# 15002831
Two things
Two things
Number 1
From the Callinan Web Site under the heading Flin Flon properties..
Where it All Began
Callinan Mines owns a 6 2/3% net profits interest and $0.25 per tonneroyalty in a block of 81 mining leases in the town of Flin Flon,Manitoba. This block of leases includes the world class 777 mine, andthe formerly producing Callinan mine. The War Baby claim, in which TheCompany holds a 100% interest, is adjacent to the 777 mine.
Number 2
From HBM news release 2007-10-15
In conjunction with the Geological Survey of Canada, seismic surveyswere in progress in the area of HudBay's Flin Flon and 777 mineproperties. These 2-D and 3-D surveys image stratigraphy atconsiderable depth.
Questions?
Could these seismic surveys have revealed other potential zones of mineralization that would increase the NPI & royalty payments to CAA?
Could there be a purchaser of hudbay?
Could this purchaser have knowledge of the survey and decided that the best course of action is to buy both CAA & HBM?
Result of this dual purchase would cancel the current court action leaving the purchaser in full control of both company's assets.
End result;
CALLINAN SHAREHOLDERS NEVER RECEIVE PAYMENT FOR ALL OF THE CHEATING HBM HAS DONE OVER THE LAST 20 YEARS.
THINK ABOUT THIS BEFORE SELLING YOUR POSITIONS.
Good luck bt.