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Camrova Resources Inc 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.


GREY:BAJFF - Post by User

Bullboard Posts
Post by ACESoveron Aug 25, 2014 10:41am
334 Views
Post# 22874452

No thanks to any consolidations

No thanks to any consolidationsSo you think a consolidation is a good thing. Check out the link below to Aurcana who have a very successful silver mine in Mexico (La Negra). These clowns sold out their shareholders with all the same arguments I am reading here this morning such as it will attract a new type of investor, keep away the day flippers, ya dee yah dee yah da. Seemed like a good idea at the time. From 467,000,000 shares to 58,000,000 on an 8-1 consolidation. It went through all right at .58 cents to $4.64. And where is Aurcana 1 1/2 years later.....back at .57 cents....all the way from $4.64. So every Aun shareholder has lost big time. Too make it worse they have since brought the float back up another 30,000,000 shares to raise even more money. Too me these consolidations screw the shareholder big time and I would be very leary eating a spoonfull of this consolidation bull shite.....ACE$.

https://www.aurcana.com/news/2013/index.php?&content_id=43
Bullboard Posts