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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

Bullboard Posts
Comment by oddykogon Apr 04, 2006 4:55pm
207 Views
Post# 10622568

RE: Gold Stock Analyst

RE: Gold Stock AnalystThey seem to always need cash for their exploration and development programs and the existing gold and oil and gas production is not supplying enough - certainly in the past years - so that they end up putting new chunks of equity into the market on a private placement or flow-through basis, capping the returns existing holders can get. I just wish that would stop and if GG can provide a big pile of cash to prevent that in future it would help a lot
Bullboard Posts