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Claude Res Inc CLGRF

Metals & Mining Gold
"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

Claude Res Inc > Strategic advisors, this company is toast
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Comment by oddykogon Mar 04, 2014 5:57pm
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Post# 22280134

RE:Strategic advisors, this company is toast

RE:Strategic advisors, this company is toast
Management has for 10 years always promised higher production and has never managed to get it done.  Every year there is a new excuse.  I suspect Seabee will never be a profitable mine under present pricing.  It just keeps on swallowing new cash from new secondary offerings of equity or debt financings.  So don't pin your hopes on some wonderful buyout
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