Camrova Resources Inc V.CAV.H

RE:RE:Baja news Top 10 producer starts up!!!!!!!

[mining_pays_my_bills]

I think the pop to 10 cents will be twofold. I don't think announcement of production will do it either, however combine that announcement with the announcement of final % ownership and that should do it. Right now the share price languishes in uncertainty because we don't yet know how much we own. You get an announcement that says 'we are in business, we're producing', everyone goes 'ok, that's good, I'll buy in because now the risk of not completing construction is off the table. But how much of this producing mine do we own?' Price should go to 7 cents...ish. Then a few weeks later (or months) we are told what the final cost is, and how much dilution we have. The mine is worth about 1B$ (cost prolly 2B$ to build, but tangeable assets, net of construction manhours, are probably in the 1B$ range), and we own... 10%, market cap should be 100M$, 9% it should be 90M$, and so forth. Right now at 4 cents BAJ market cap is 14M$, which basically assumes a 1.4% ownership. We will get a lot more than that- when its clear how much, people can relate share price to asset value, and share price should go up accordingly.... it will go above 10 cents at that point in my opinion. I think the big jump in SP will be the announcement of ownership %, but production start-up should give us a nice shove in the right direction.