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."

GREY:CLGRF - Post by User

Claude Res Inc

Bullboard Posts

Post by dennis_gmpon Mar 20, 2010 6:53pm

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Post# 16906834

Claude Resources Valuation

I have setup a Fair Market Valuation based on spot market metal prices, closing stock prices, fully diluted share counts, reserve and resource counts for a number of Canadian gold producers. The numbers on Claude Resources look very attractive.

Fair Market Valuation Summary - 2010-Mar-19

Projected fair market stock price for Claude Resources Inc., based on the current NI 43-101 resource disclosures, is C$4.29. The actual closing stock price was C$1.04.

The supporting rational as well as the updated numbers from the last close trading is available at
https://www.goldminerpulse.com/blogs/claude-resources-valuation.php

Please send me any comments or suggestions.

Good luck with your Claude Resource holdings. I expect they will perform very well indeed.

Cheers,
Dennis