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Bullboard - Stock Discussion Forum 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 Discussion

Claude Res Inc > When is the vote.
View:
Post by funkshow on Mar 10, 2016 4:17pm

When is the vote.

This deal is killing the momentum.  Why would a silver co buy a gold.  This deal stinks.
Comment by Highwired7 on Mar 10, 2016 9:11pm
SSO currently produces 210,000 of gold as well, silver moves slower than the price of gold, especially right now with the 75:1 ratio (historically 16:1) this has been hurting SSO's profits, SSO wants to improve their bottom line by increasing their gold sales, hence the buyout. If this deal closes and the silver ratio gets back to normal there will be some nice share holder gains but, CRJ ...more  
Claude Res Inc
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