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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
Post by blue_diamond_on Dec 22, 2010 10:29pm
590 Views
Post# 17886426

madsen ?

madsen ?
looks like there is a lot of wishful thinking on this board, and little else:
here is a quote from an old NR:
"
Step-out drilling
to the east and west confirmed the development of 8 Zone structure and stratigraphy,
although failed to return significant gold values. The system remains open down plunge
and along strike to the east and west. "


So , one has to go deeper(bellow level 27)  , and be lucky to find more gold.  There is no  guarantee except for that water creeping in still , bellow level 18.    What extra production costs are we gonna get ?
Bullboard Posts