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Art's Leaders

Art's Leaders > As always, do you DD prior to purchasing anything posted on this forum. I post what I find to be good money makers. Make sure you also do your own research. > Royalty Company in the Making View modes: 
  • Royalty Company in the Making

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    4.5 stars

    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.


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