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Camrova Resources Inc V.CAV.H

Alternate Symbol(s):  BAJFF

Metals & Mining Industrial Metals & Minerals
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

Camrova Resources Inc
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Comment by Suntraderon May 27, 2014 9:26am
336 Views
Post# 22600592

RE:RE:RE:Correction

RE:RE:RE:CorrectionBaja owns 10% of MMB which is a private company that owns the mine and mineral rights. MMB is not a publicly traded company. 

I agree with the comments that Baja does not directly owe any of the $340 million, their exposure is mearly as a shareholder. 

Somebody obviously thinks the mine is worth investing $340 million in as a bond with minimal interest and i am assuming that debt would be repaid by 2019 throught cashflow from mine operations.
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