GREY:CLGRF - Post by User
Comment by
pdcon1on Nov 17, 2013 8:43am
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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