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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

Comment by iknyon Sep 19, 2012 4:06pm
139 Views
Post# 20387557

RE: RE: RE: Stock Price

RE: RE: RE: Stock Price

First of all, December is not a basher...She raises legitimate concerns, and if you disagree, dispute her concerns...I met Neil years ago when he attended the NYGold show..The co. had just got control again of Madsden, and he was extolling its virtues...he said that a geologist told him that Madsden had the same geology as GG property in the Red Lake territory.....

What bothers me, was that instead of vigorously pursuing Madsden, the de watering was delayed..I feel that the energy going into Amisk could have been better used in Madsden.I am concerned about the high cost of gold being mined at Seabee.These are choices within the purvue of management.

On the other hand, I think the price of CJR can get a sharp boost, if positive news comes out of Madsden...if Neil can show what future costs of gold coming from Seabee will be lower

, and how quickly Santoy  and the richer zones of Seabee can be brought into play...this is what management must  do.

 

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