CAZ 0.00% 1.5¢ cazaly resources limited

further to watso's earlier post watso found this on the net"In...

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    further to watso's earlier post watso found this on the net

    "In refuting Cazaly's claim over Rhodes Ridge, Rio Tinto said the project had a fully equipped accommodation camp, so the ground was not untouched as the junior company alleged.

    Mr McMahon suggested that Rio Tinto had swiftly built the camp after learning of Cazaly's interest in the project."

    ref

    http://news.smh.com.au/business/cazaly-fights-rio-for-rhodes-ridge-asset-20081128-6mw0.html

    ok - watso was there donkey years ago, but it was the best exploration camp in the pilbara. from memory at the time the camp cost $3m to build - and it was like a motel complex. watso finds it unbelievable that the camp would have been bulldozed and that mr mcmahon suggested that rio had swiftly built the camp. watso would think that at the very least the camp would have been maintained by a caretaker over the years

    best of luck to caz holders - because if the decision goes their way, then the shares will be dollars per share
 
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