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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 MiningMonsteron Sep 14, 2010 6:40pm
362 Views
Post# 17448268

RE: RE: RE: Crew Buyout

RE: RE: RE: Crew BuyoutNo guarantees here but there is a strong chance that you will see a tender offer at a slight premium to the EDV price of ~$4.80 to appease the holdouts, maybe $5.25.  Further to the tender they will likely do a mandatory aquisition of the remaining minority and delist.  Severstal has a strong incentive to take up the remaining shares so they can amalgamate with their gold division and get the additional production without having to go through a brand new DD process on another asset IMO
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