Camrova Resources Inc V.CAV.H

RE: RE: Quote

[mining.insight]

Hori, Excellent observations.

“Representatives from Minera y Metalúrgica del Boleo, S.A.P.I. de C.V., Kores and other third parties are continuing to contribute information and provide feedback on several key sections of the report, and significant progress has been made.”

 

1. Minera y Metalurgica del Boleo S.A. de C.V. engages in copper cobalt mining and processing. The company operates processing plants. Minera y Metalurgica del Boleo S.A. de C.V. was formerly known as Minera Curator, S.A. de C.V. The company is based in Mexico City, Mexico. Minera y Metalurgica del Boleo S.A. de C.V. operates as a subsidiary of Baja Mining Corp.

 

2. In detailed studies, there are assumptions and requirements.  All key stakeholders have their own priorities, and to ensure a realistic, actionable report, it’s critical, all parties be on the same page---which takes running multiple scenarios and final agreement by the key parties.  If the mine had only one key stakeholder—as in most junior mines---it’s more straiforward.

 

example:It’s a known fact, that the S.K. consortium desired manganese to use in their manufacturing.  Or the added increase to the bottom line from manganese carbonate production---BAJ leaders in the past desired a staged approach---ie producing additional metals such as manganese after production had started and matured. 

 

3. The SRK report is not for us…the minority investors---it’s for the key stakeholders.  You are correct, the details are all known by the key stakeholder at this time---and the good news---because we received funding, the upside is positive---therefore, given time, our investments will see substantial returns.