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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

Post by iknyon May 20, 2012 11:57am
451 Views
Post# 19929762

buy out

buy out

The problem as I see it, is the price has fallen so low,that a buyout offer  of even 100%  above current price is so ffar undervalued  that it would be a steal....there is a trend now for some of the big boys to start gobbling up the little guys...I spoke with Neil about 6 years ago at the NY Gold show,,,and his description  of Madsden equated the geology to Goldcorp's red lake property...yet, after all these years Madsden i a unknown entity...it seems that when gold turs around(and it will) this co. should be at least a 5 bagger.

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