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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 December3on Dec 14, 2012 11:55pm
92 Views
Post# 20734185

RE: RE: goldminerpulse blah blah blah - selling hi

RE: RE: goldminerpulse blah blah blah - selling hi

Wow!  More guys grasping at straws to defend their "investment" in CRJ!  What silly claims...

.....if this is any indication of the depth of analysis available on your website, then it appears you didn't do yourself much good by posting here as the level of  understanding demonstrated appears to make the site be a solid "pass"!

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>>>>In fact when you look at production ranking, Claude stands out very nicely relative to many other producers.<<<<

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What?  Do you guys make this stuff up?  Silly!

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CRJ and its puny 50,000 opy has a good production ranking?  Huh?  Claude's production ranks 42nd on a list miners and its cash cost profile places it in the worst quartile.

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I can name you 11 companies that have plans to increase production by 200% or more (max is 550%) by 2016, while CRJ's plans are only a growth of 66%.  In fact, CRJ ranks 21st on a list of "planned growth".

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So hey, if you wanna think CRJ has a good growth potential, and thus one is willing to invest in CRJ?  Why would you do that, invest in CRJ over ALL of those 21 other companies?  Why?  Because your "gut" tells you, you are right?  Or because you want your investments to under perform the other places one could put your money?

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I assume one is investing because they wanna make money.  Why not put the funds into something with a HIGHER GROWTH plan and proven management that can execute the plan?

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But you should think carefully about that snippet you posted from Alex Black:

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>>>>Consistent delivery on promises let to a 10 fold return. Very nice, I'd say.<<<

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Do I need to post the chart again that shows CRJ's management's terrible record on delivering on the promises it made for 2012?  That is the problem with these guys and why it makes sense to invest elsewhere - other teams have "been there, done that" with success.  CRJ management has been around for 17 years and still flailing around.

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