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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 Lookin_2_Scoreon Dec 10, 2013 4:35pm
320 Views
Post# 21991729

RE:golden band turning the lights out.

RE:golden band turning the lights out.I remain optimistic that this will not be the fate of Claude.
Claude in 2014 will need to start making loan payments.
For this reason alone, I don't think they can afford to close down operations at Seabee.
When Madsen sells, they should have enough cash to sustain their operations.
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