GREY:CLGRF - Post by User
Post by
oddykogon Jan 11, 2006 3:37pm
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Post# 10155564
Still a very good bet
Still a very good betI think things would have to turn very sour in 2006 for Claude not to show MUCH better results than in 2005, despite the fact that Q4/05 is likely to be a pretty good quarter. However, with progress in this company you have to wait for the news to be released at the quarterly briefings, the next one of which is still 6 weeks or so away. You would think that they would announce the fact that the new mill is operational and can now process all the ore that is still in the Seabee mine, but not these guys.
Meanwhile on the stock front, selling is continuing apace with all those flow through shares from past years being liquidated. It is going to hold the price back for some time, but eventually the price should adjust to the better outlook and higher gold volume coming out of the mine. Just hang tough.