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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 Bottleson Mar 12, 2013 7:35am
162 Views
Post# 21114699

RE: RE: RE: Cash Flows - FUTURE DUH!

RE: RE: RE: Cash Flows - FUTURE DUH!

"But alas, apparently you'd rather be a sexist PIG than have a decent conversation here. Sad."

 

Do not forget to throw yourself underneath the bus too! What a conversationalist you are calling all of us posters and shareholders of CRJ a bunch of pumpers. You disappear for weeks at a time and then come on here to rant and rave as to what few posters that follow CRJ on Stock House are misleading the investor.

 

Shame on you!

 

There is more to the stock price besides cash flow. In the entire sector known as the JR's, at least CRJ has what most do not have - revenue!

 

You brought up cash flow so as to demonstrate that NO institutional investor will want to get involved with CRJ. That's why I called you an idiot. With CRJ's new debt facility, there is no longer a need to undertake PP's over the short to immediate term. Did you know that most institutional involvement is rooted in financings? Of course you do. Such facts, however, do not fit into your biased agenda so you simply ignore the same.

 

CRJ is undervalued. Yes, gold is down and the concensus of analysts out there have a weakened stance on gold going forward. CRJ's mining infrastruture, however, is worth more than its current market cap. CRJ's gold investory is worth more than its current market cap. Seabee is cash flow positive and of late, and dispite low grades produced and millions spent to upgrade and explore, CRJ has managed to stay profitable. 

 

To grow cash flow, CRJ has three means to accomplish the same:

 

1. Cut your costs.

2. Increase production.

3. Sell at a higher gold price per ounce.

 

To close, CRJ has been addressing the two factors that it can in regards to cutting costs and increasing production. When the market turns around for gold, I suspect the stock price will at that time as well. In the meantime, might I suggest that you get a job. To be this frustrated on a small JR producer to the extent that all you can do is rant and rave suggests to me that you have been unable to make money elsewhere as well.

 

 

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