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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 borne2runon Dec 09, 2014 5:13pm
367 Views
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).


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