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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 pdcon1on Nov 17, 2013 8:43am
270 Views
Post# 21913549

RE:What is the Break UP Value ?

RE:What is the Break UP Value ?its a lot higher than that  they paid 12 million for   35%  of  Amisk   alone and that waS A  deal  a good price based on their gold at Amisk is around 50 million   , if they sold Madsen today i would venture with the infrastructure and proven high grade gold  around 200 million  and seabee producing 50000 oz gold anually  with open high grade gold zones worth today  500 million . Together were looking at 750, million todays value and when gold climbs back to 2000 per oz  our value will increase accordingly  possibly a triple from here . you wish you could buy claude for 100 million  At 1 dollar share price today would give crj a value of 175 million  and this is at a discount  and book value today should be around 5 dollars  so with 2000 dollar gold price  5 dollar share price is reachable . At .18 cents todays price  gives crj a value of 31.5 million  not even the price of Amisk  , you will never be able to buy shares this low again , so load the boat . one more thing 50,000 oz gold alone  brings in 65 million anually at 1300 dollar gold  and every 100 dollar increase in gold price  is 5 million  in the bank for crj . do your dd buying more monday jmo
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