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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 Lookin_2_Scoreon Dec 15, 2012 11:31am
142 Views
Post# 20735189

RE: From the Yahoo Message Board

RE: From the Yahoo Message Board

IMO,  private placement investors would not vote to approve a low ball takeover bid at this time.

I think when the Amisk PEA and Madsen scoping reports are completed,  a better fair valuation assessment of the company can be established.

IMO, in the end, Claude will more likely become a two project company.

A joint venture would most likely be considered on the more economic feasible of either Amisk or Madsen.

The least economically feasible asset would likely be sold.

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