Camrova Resources Inc V.CAV.H

Baja Mining Corp Recent News

[mining.insight]

I’m puzzled why so many Stockhouse users are so mesmerized by the status of the SRK Report. 

1. The mine with all the cost overruns will be very profitable, probably higher than before the cost overruns were announced.
   1. Rational: New potential for recent drill program
   2. Rational: Fact that South Koreans desired MN production/resources
2. If BAJ, with cost overruns was not highly profitable, consortium would have pulled out earlier.
   1. Rational: They do have insight into the holistic picture, including the draft SRK findings
3. I’m sure SRK is incorporating many new pieces of information and confirming processes, details, which takes time and time is what they have---the primary users of the SRK report already has preliminary findings---the report’s primary focus is not  for the investors to make an informed  stock decision , it’s for management and the major controllers/financers.

The smart long-term investor will accumulate shares and relax.  It’s not productive for the other investors who use Stockhouse to see constant mindless chatter, bashing, or pumping for their personal satisfaction/gain. 

Just my view