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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 borepson Mar 29, 2013 10:07am
192 Views
Post# 21185054

RE: RE: Conference Call

RE: RE: Conference Call

The audited  consolidated finacial results are not available yet.

When available they will be hidden somewhere closer to the end of the annual report. For example if you want to see them for 2011 go straight to page 56 out of 108. The 2012 FS you will find probably around page 67. That's how this company operates. Bottom line they need heavy cash infusions every year in order to survive.

2004-2007 it was selling of royalties, 2008 debentures,  then several asset sales, numerous PP's, stock issues, ets. in this department they've been very creative and I'd say achieved great success.

 

If you want to see crisp and honest financial reporting check Elgin Mining website.

The audited consolidated FS are there and not hidden and  mixed with management discussions.

Very educational for comaring two companies very similar but yet so different.

 

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