GREY:CLGRF - Post by User
Post by
oddykogon May 29, 2007 4:20pm
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Post# 12859257
The strong C$ effect
The strong C$ effectAt the increased value of the C$ vs. the US$ during the last month the value of gold sol by Claude has declined substantially. At today's gold price the C$ equivalent was C$704/ounce. During Q1 Claude averaged C$765/ounce for gold sold. No wonder the price of CRJ is declining!