Claude Res Inc CLGRF

RE: RE: 5 YEARS to mine out... 5 years to develop

[December3]

Looking _2- I sense your frustration and I sympathize with you.

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But the bottom line is that institutional investors are going to be buying when they see CASH FLOW!  Period.

• They aren't going to be impressed by a pumper on a BB and his ideas of high grade and development.
• They aren't going to be impressed with the "potential" of ounces in the ground unless there is a PEA with valid numbers showing good CASH FLOW.
• They aren't impressed by high grade drill results unless a valid Mine Plan translates those to CASH FLOWs
• They aren't impressed by management that has done nothing but "hang on" for 17 years.
• They aren't impressed with the rantings and predictions of what POG "might" be, they look at what it IS now and what that does for CASH FLOW.

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So until CRJ can demonstrate decent cash flow, they will [ as other posters have indicated ] buy other companies.

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Look do some discounted free cash flow analysis on CRJ and you will see.  Even at generous POG figures, with CRJ's very limited growth and high costs, long-term values only work out to 50, 60 or 70-cents.  But until CRJ does a "show me" routine the institutional investors aren't gunna be impressed.

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But then again I'm sure "hope" and our new pumper here trumps all of that.  After all everyone knows that the collective wisdom on any BB knows more about finding the good mining stocks than any of these institutional "idiots!"