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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 > CRJ has been a penny stock for 6 month
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Comment by borepson Oct 10, 2012 1:27pm
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Post# 20469283

RE: RE: RE: CRJ has been a penny stock for 6 month

RE: RE: RE: CRJ has been a penny stock for 6 month

Extremly undervalued? 400 million? Based on what?

They operating at 4% margin, barely making 2 mln. dollars, have very little cash left and 20 mln. debt.

The Madsen looks more like the liability then asset and same goes to Amisk. Bad past history, nobody will ever finance these projects. Wake up to reality.

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