Camrova Resources Inc V.CAV.H

Good News may be coming SOON!!!

[crazytown]

The Company met in Seoul, South Korea last week with the members of the Korean consortium who are Baja's partners in the Boleo project (the "Consortium"). During the meetings Baja discussed the Boleo project capital cost increases and various potential minimally dilutive funding alternatives, including a subordinated debt financing to fund a significant amount of the cost overruns. A written proposal has been prepared for presentation to the Consortium, subject to the approval of Baja's reconstituted Board.

 

The fact that a written proposal for a minimally dilutive funding option has ALREADY been prepared could mean this mess is almost sorted out. I would expect a halt and a LARGE GAP  up if a good deal is reached. Just my opinion  and good luck to all.