Claude Res Inc CLGRF

RE: RE: RE: Claude Ranked Among Most Undervalued G

[Bottles]

"And stop quote the "research" of the social media writers as they paid by clicks."

Given that I posted the entire article as it pertains to CRJ, then I no doubt cost that author some money as there are now fewer and fewer clicks to the source. My bad. But I'll be. That author, no matter how he/she is paid, is correct to assert that CRJ is "undervalued" from a resource in the ground perspective. I thought that noteworthy. Especially when investors have been focusing attention on earnings, outstanding debentures, production numbers and with myself included, forgetting to recognize that this little company has 4+ million ounces of gold!

"The right question is " what are the numbers of the coming financing?, How the debenture maturity will be handled?"

As we should all know, the debenture comes due in May. Meanwhile, the only information we really have to work with are comments made by management in the Q3 conference call. If memory serves me correctly, CRJ indicated multiple debt opportunities, a range of $20M to $40M in new debt and a time frame for a completed deal as wearly as the end of 2012. Hence, I must assume that we are close to getting some news. Not only does a new debt package resolve the debenture issue, it will most likely shore up CRJ's cash position as well. Something that the market will no doubt view in a favorable light.

"Is it time to take advantage of the low valuation of juniors and replace the losers with solid companies?"

I think so. That is why I have been accumulating shares in CRJ. With solid accumulation today of CRJ in Canada and CGR in the states, I'm obviously not the only one thinking this. What that catalyst will be stock price wise for a break out to the upside is the waiting game I suppose. As the public float of shares outstanding get tighter amd tighter (ie: especially with tax loss takers being able to buy back in after a 30 day wait), I honestly think debenture financing will send us to $1.00+. Right now, I more curious if CRJ will provide the market with some preliminary production numbers for Q4 and of course, maybe an update on the shaft tie in (ie: completion of Seabee upgrades). Maybe we have some drilling news that can be expected as well in regards to Seabee Deep and or L62. It has, afterall, been over a month since the last news release. Surely we are getting closer to some news......