GREY:CLGRF - Post by User
Comment by
krishakon Nov 11, 2008 8:41pm
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Post# 15579710
RE: Outlook for Claude
RE: Outlook for ClaudeQ3 was very disapointing because the decline in energy + the increase in $USD were both factors that should have helped earnings. On the +ve side the company was able to raise almost $20mill. from sale of debs. in a very tough market and that money together with the $19mill. from sale of O&G means that the cash is about equal to capitalisation, have Seabee and Madsen ever been valued at less in the history of CGR?