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Camrova Resources Inc V.CAV.H

Alternate Symbol(s):  BAJFF

Camrova Resources Inc. is a Canada-based mining company. The Company operates in one business segment, being the acquisition, exploration and development of resource properties. It has a minority investment in the El Boleo copper-cobalt-zinc-manganese deposit located near Santa Rosalia, Baja California Sur, Mexico. In addition, the Company intends to investigate and potentially pursue alternative project opportunities.


TSXV:CAV.H - Post by User

Bullboard Posts
Post by zadom1on May 02, 2012 12:47pm
320 Views
Post# 19862018

Mount Kellett

Mount Kellett

https://www.financialpost.com/markets/news/Mount+Kellett+Comments+Critical+Situation+Baja+Mining/6525961/story.html

I found this article funny, Mk says in it "We believe that shareholders are at substantial risk that the current Board may pursue transactions that are highly dilutive to shareholders or that are not in the shareholders long-term, best interests."

and then they follow that up by saying "We are prepared to protect our investment, and the investments of all current shareholders, by providing financial support to Baja, either alone or in conjunction with other investors, following standard due diligence."

Here I am thinking - this is great news, MK cares about all shareholders and they are offering financing that surely cant be dilutive because they said dilutive options arent in shareholders best interests.

So I decided to phone the contact on the bottom of the news release - Sarah Brown and Dan Gangier to find out " what does the financing look like?" I think its a fair question from a fellow shareholder, they said they are looking out for all shareholders.

Guess what - its been 5 days and 2 messages and I have yet to get a response. Here is a challenge to the board. I triple dare anyone here to phone Sarah Brown and Dan Gangier and try and find out what the financing package looks like.

Bullboard Posts