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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
Comment by geezer321on Feb 06, 2013 1:49pm
158 Views
Post# 20947499

RE: RE: RE: RE: NPV - Repost

RE: RE: RE: RE: NPV - Repost

"If baja still owns 49% then were in trouble because that means there still liable for 49% of mmbs..."19

Not a problem.  The economics of the project will support the liabilites on MMB's books and that is why the Korean's were willing to hold a 51% interest, make loans of $144,000,000.00 over and above the budgeted capex of 1.143 billion and take over $419 million of senior debt financing.

 

Bullboard Posts