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."

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Comment by Monkeydonkeyon Mar 08, 2016 9:18am

RE:RE:RE:Looks like it is ready to bounce off today's bottom

What is then? The 300000 ounce reserves? Production, costs, reserves are the most important issues. Exploration potential is also very important, but potential means not proven...

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Comment by Live2skion Mar 07, 2016 10:47pm

RE:RE:Looks like it is ready to bounce off today's bottom

Aurum and wired, from reading some of the SSO posts, I don't think they know a thing about CRJ ... they are caught on the 70k oz. and that's it! There is so much more to CRJ and it's ...more

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Comment by Highwired7on Mar 07, 2016 9:07pm

RE:RE:Looks like it is ready to bounce off today's bottom

I agree, what a miserable close and a lousy backdrop for trading today, this is an insulting blow by SSO, the market and a management that is supposed to be reformed and concerned with share holder ...more

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Comment by stockwrestleron Mar 07, 2016 7:47pm

RE:RE:RE:Looks like it is ready to bounce off today's bottom

Gold and Oil correlation? see blog: https://stockwrestler2.blogspot.ca/

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Comment by 7Twiggyon Mar 07, 2016 11:14am

RE:RE:Looks like it is ready to bounce off today's bottom

Aurum1983, I have been following SSO for a number of years. Have done very well and I expect to do even better. The only reason SSO is down today is the take over. IMO opinion this short term drop is ...more

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Comment by Aurum1983on Mar 07, 2016 11:05am

RE:Looks like it is ready to bounce off today's bottom

SSO and CRJ going to move in locked step now. The way I see it if they want the deal to approve they'll have to somehow chase the sp up to at least $1.75. Until then it's a NO for all my 400K ...more

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Post by 7Twiggyon Mar 07, 2016 10:57am

Looks like it is ready to bounce off today's bottom

What an over reaction to take over. PAA up 4% and silver holding up well and I think getting ready for next move. Added to my SSO at $8.07. IMO should see it move back up slowly as the day progresses. ...more

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Post by Aurum1983on Mar 07, 2016 10:49am

The deal stinks

With SSO at $8 the premium is not even 15%. CRJ is good on its own with POG finally getting set to skyrocket. I had much higher hopes for CRJ. I would vote this down.

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Comment by nankoion Mar 07, 2016 10:32am

RE:Congrats guys

Not so sure about who should be happy here. CRJ is a gem and they should be delighted to get it. It's CRJ shareholders whose assets get mixed in with something of less quality. I would have ...more

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Post by summit4on Mar 07, 2016 10:25am

The Deal

You get 0.185 shares for every share of Claude you hold...these shares have dropped this morning to $8 so each Claude share is now worth $1.48 down from $1.65 at the time of the deal ...more

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Post by ERTguyon Mar 07, 2016 10:19am

Congrats guys

I can't say I've ever sold the day before a take so I guess I was due for a big mistake. You guys got a good deal here, especially considering how SSO is reacting to the takeover ...more

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Comment by BASTILLEDAY4Uon Mar 07, 2016 10:10am

RE:The deal

When NGM got bought out, shareholders eventually got shares of OBN which was better for us as NGM was trading around 1.5 cents. Your getting a good deal from what I see.

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