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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 mysterywriteron Nov 12, 2013 5:40pm
223 Views
Post# 21899378

RE:Santoy Gap Deposit Increases Seabee Reserves by 78%

RE:Santoy Gap Deposit Increases Seabee Reserves by 78%Nothing seems to matter, they could have announced 2 million additional ounces and the net result would have been the same..Gold and gold equities especially the juniors have been thrown under the bus...The industry needs sharply higher gold prices before we can move forward again..This is simply criminal as to what happened within the gold sector...manipulation as its finest as was the case with Libor interest rates, and now rumblings also within the currency markets...In my opinion gold should have surpassed  $ 2000.00 by now but that would be the canary in the coal mine.. Politicians are not disclosing the facts nor the truths about the state of there economies...Eventually something gives, it always does  and this time gold propels forward without looking back..    This company also needs to desperately grow production and reduce costs,  something they speak about doing time and time again but have yet to accomplish...Instead they talk about past production during the lean years and attend far to many dog and pony shows which does nothing  for the share price...Perhaps a change of management is also in order, this clown has been in charge for approx 20 years....WE NEED GROWTH....
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