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Voyageur Secures First International Sales Contract worth US$1.9 Million (click to learn more)
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Claude Res Inc CLGRF

Metals & Mining Gold
"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

Claude Res Inc > CRJ - News Out
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Comment by clestoron Jan 21, 2013 10:48am
211 Views
Post# 20866219

RE: RE: RE: CRJ - News Out

RE: RE: RE: CRJ - News Out

A few thoughts . . .

guidance was for headgrade of 6.0 gpt, but since they came in a bit light at 5.86, then I assume cash costs / oz are a bit higher than we expected.

They have been saying production growth of 10% compounded annually.  But, 2013 guidance midpoint of 52k oz is only a 5% increase.

I was expecting the mine plan back in Nov, but maybe the delays tying in the shaft have delayed the mine plan.  I duuno . . .

This press release issued on a day the US mkts are closed.

 

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