GREY:CLGRF - Post by User
Comment by
borne2runon Dec 09, 2014 5:13pm
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Post# 23212381
RE:Claude
RE:ClaudeKing, Claude made another 52 week high today (first one was last week). It has been a very long time since Claude has made a 52 week high (February 2011). Next resistance is around 37 and then 39 - 42.
Stock price will track the price of gold. If gold can stage a three month rally up to the 1350 - 1400 area, then Claude could double from here (assuming production and cost targets are met). Vein deposits can be quite profitable if management executes well (other examples are Primero and Richmont, another 2014 success story).