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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 11:26pm
399 Views
Post# 17449148

RE: Crew Buyout

RE: Crew BuyoutThe chances are very high since its a friendly deal with EDV.  There will be only 7% minority left, Severstal can't let the minority fall by the wayside they are a public company and the investment in CRU on the balance sheet is affected by the market price of CRU.  They should be incented to drive up the share price or preferably absorb the remaining minority, add the production and not have the CRU market price to think about.   
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