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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 18, 2012 7:23pm
154 Views
Post# 20748016

RE: Bottles = Admitted Stock Flipper

RE: Bottles = Admitted Stock Flipper

Bottles?  There is no reason to feel like "the JR market has been brutal" if you know what you are doing in the market.   

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But to claim all posters are traders is a spin on reality. 

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The average poster on a BB is here investing money on a long-term basis.  No doubt that is because they have had the mantra of "buy & hold" pounded into them.  Many make the mistake of taking that as a fidelity to the company, like marrying the shares.  Then when it comes time to sell, most posters are afraid to sell because the sale might generate short-term capital gains taxes, so they hold on.  Oh and when they get a nice gain, rather than take profits, most read the glowing stuff on BBs, get greedy and then hang on until the gains erode significantly.

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Very few here are oriented to buy shares and then flipping them in a few weeks or months time.  The fact that that is your objective is significant because none of the long-term "value" related measures matter to you - you are just looking for a quick flip/buck.  I think if INVESTORS know that you are going to flip your shares in the short-term, that can help them evaluate the usefulness of your "perspective."

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As I continually point out - the potential of the CRJ assets could bring a six to eight-bagger over a period of years.  Those aren't trading gains from flipping shares, but VALUE brought by growth of production, growth of revenues, growth of cash flow and growth of net income.  But the problem is that CRJ, with this management team, isn't on a path toward a six-bagger and as such, there are better places to put one's money to have it grow by those multiples.

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But hey, keep planning your short-term flipping of the CRJ shares and by all means keep posting encouraging spin about CRJ.  We all see what is your game plan.  You will need to find buyers willing to pay more, if one is going to sell out in a few weeks/months.

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Good luck!

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Oh and a guy with no face has standing to tell me he doesn't like my face? 

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