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Claude Res Inc CLGRF

"Claude Resources Inc is engaged in the acquisition, exploration, and development of gold and other precious metal properties. Its projects include Seabee Property and various exploration properties located at Laonil Lake. It also owns Amisk Gold Property."


GREY:CLGRF - Post by User

Comment by iknyon Aug 29, 2012 1:50pm
213 Views
Post# 20275252

RE: RE: RE: RE: News Release

RE: RE: RE: RE: News Release

i think that you are a little premature  in saying that they are getting Madsden into production....they have a lot of dewatering to do,,,,have not come out with a resource report....and that is my complaint about Neil....he did a good job keeping the co. together when gold was down, but he did not give  proper attention to Madsden, and I think he should have put less energy into Amisk...I met him at the gold show when they reacquired Madsden, and he said that was the most important thing for the co.The share price cannot stay past .70, and there =fore becomes vulnerable to a takeover at a rediiculously low price...this should be a 3to 5 buck stock...mining costs are way too high...yes, Seabee is looking more and more like a terrific mine. with potential for 100000 oz. per annum,but agin, I dont know if we have the right team in place.

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