RE: RE: RE: missed news - Pictures Claude as a "natural value play"? REALLY? Huh?
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Huh? What is CRJ's growth profile over the next 5 years? 63% from 50K to 80K?
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Sounds pretty good until your realize:
1) This management team has consistently missed targets, so there is no guarantee they get that growth
2) They have a cash crunch coming - getting enough cash in order to be able to buy supplies to be shipped in over the winter (winter resupply) and keep mining for next year.
3) CRJ doesn't have the cash it needs to create REAL substantial growth [ie Madsen, Amisk, ^prod at Seabee], so if they try that it means either MASSIVE dilution or Debt with Warrants and/or hedging.
4) There are much better plays out there, with HIGHER growth rates {300%} and PROVEN management that has delivered and will deliver on that growth.
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So why invest in a stock with bumbling management? A glacial slow growth rate and unable to hit targets? Why not put your money in something else with a better chance of success?
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But hey, if you see CRJ as a "natural value play" - good luck to ya!
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These assets in someone else's hands WOULD be valuable, but in the hands of THIS management team - not a chance.