Camrova Resources Inc. (BAJFF)

[carl12341234]

To answer the other part of your question,

You wrote,
“Also,why wouldn't BAJFF not sell their 49% at a decent price to a 3rd party instead of accepting a measly 10% and a loss of almost all of management's personal investments in the company?”

No buyers. BAJFF would have been glad to do so, and was their first choice.
Next up, 17 interested financial institutes to loan money, not interested.
Borrowing against a mine that (A) you do not own 100%. (B) is not operational, and (C) you just screwed up the best chance to finish the mine you’ll ever have. Is not conducive with selling or borrowing. KC was an exception because they had such deep pockets. If it was not for KC, this would of gone bankrupt months ago.
KC had the advantage over BAJFF and took them to the cleaners.
Business is business, if any of us was put in the position of accepting the majority of the risk and finance, we would expect to be well paid for our effort. (My opinion)