GREY:CLGRF - Post by User
Comment by
ovison Nov 29, 2012 12:50pm
156 Views
Post# 20661100
RE: RE: RE: RE: missed news - Pictures
RE: RE: RE: RE: missed news - Pictures clestor,
Earnings might be accounting but when you look at Claude's production profile, Claude is an undiscovered gem IMO. I just came across this new page ranking many of the TSX producers the other day
https://www.goldminerpulse.com/producers.php
which shows Claude had a 8.5% increase in gold production on a rolling 4Q basis. Ok. the issued shares increased 2.4% but that leaves a net ranking of 6.1%. There are very few TSX miners that have better numbers.
IMO if Claude can keep its production rising it will be a natural value play and with an EV/AuEqOz of just $25, the value is there for all to see IMO.
Of course if the production bump was engineered then the future might be rosy. Any ideas there on what the production profile is likely to be? There is a great interview link for Frank Holmes on the main page of goldminerpulse.com which is well worth a listen. US Global Investors have done very well in the fund market so I listen to Frank. Anyways, I'd love to hear what everyone is thinking about production in general...