Callinan Mines (V.CAA) Price at time of posting is $3.23
June 7 2011 CAA will break into two companies. CAA will be a Royalty with quarterly payments of approx $6m and a second company will hold the exploration assets.
Experienced and successful new CEO will lead CAA.
50m shares o/s.
Future move to Toronto exchange.
Issuer bid to buy back shares of CAA
CAA presently valued at 15 times EPS.
Do your own due diligence and good luck.