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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 > Something is up?
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Comment by DrBill1on Jun 19, 2012 9:20am
255 Views
Post# 20028964

RE: RE: RE: Something is up?

RE: RE: RE: Something is up?

December, have enjoyed your posts for awhile on this sleeper stock. 

What you are missing is the leverage here.  Management has positioned CRJ to have extra-special leverage.  When gold goes to 2K/oz. CRJ's margins explode.  The CRJ SP  then should bring bagholders at a minimum a 3X to 5X return.

This all brought to you by your CRJ managemnent.  We need to give them credit when credit is due.

Regards,

DrBill

 

 

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