RE: Callinan Press Release
Wow thats quite a change from BCU's NR from yesterday.
NO NPI or NSR, Just dilution, hopefully to ZERO.
These guys over at BCU never put the hard money up from the very beginning, issued stock instead.
I suspect that the reason CAA has been so slow on the Fox exploration programs is that BCU never can commit hard funds to the Jv.
Maybe with this amendment CAA will be more aggressive on the Fox and finally make a discovery.
Holding long and strong for the discovery, on Fox, Sneath Lake, Pine, Phillips, Cal, Coles Creek, Elliott Lake, War Baby and the other properties in CAA's inventory that have never been mentioned yet.
There are also the 81 claims, in the CAA & HBM&S Net Profits Interest Agreement, that HBM has conducted a 3D seismic survey on, I suspect that HBM has seen other potential ore deposits on those claims.
Last but not lest is the potential of Hundreds of Millions of Dollars owed to CAA from the theft of our ore and the fraudulent accounting practices perpetrated by HBM&S for the last 20 years.
It's going to be interesting when HBM&S finally produces the numbers on the Callinan/777 mines.
I can hardly wait to see how HBM&S manages to cost more than TWO AND A HALF BILLION DOLLARS worth of ore so that HBM manage to have +- $800,000,000.00 in cash and CAA gets a miserly $5,000,000.00 over 20
years.
It would be really nice to see those responsible for this fraud getting charged criminally and pay the ultimate price for their crime, GO TO JAIL DO NOT PASS GO, DO NOT COLLECT THEIR MONEY.
With that off my chest i'll bid you a fond farewell and
good luck, bt.