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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 > Claude Resources has the Lowest Operat
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Comment by 7tapason Nov 04, 2012 3:56pm
256 Views
Post# 20560638

RE: RE: Claude Resources has the Lowest Operat

RE: RE: Claude Resources has the Lowest Operat

No one will pay up for those assets in this market.  It is totally a buyers market.  They have debenture to roll over and a winter road to finance.  I smell a gut wrenching financing at the worst terms ever for Claude in 2013 as management continues to use production hope vs prudent financial planning as a core strategy.

Whatever happened to those wonderful consultants that they hired to fix things? 

Where are those reports, interim, draft, final?  Strange we didn't get an update on that given how professional management appears to be.

7

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