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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 pfaffgauon Sep 14, 2014 9:35am
168 Views
Post# 22934572

RE:RE:Should I Be Concerned ?

RE:RE:Should I Be Concerned ?Another fact is that their resource estimates are nearly one year old.  It will be interesting when Santoy Gap is updated.  Their new mining method on L62 is increasing produced grade there, as the new miming method reduces dilution from surrounding rock.  The combination of these factors should mean they can continue higher production grades into the future, as the contibution from Santoy 8 becomes a smaller percentage of mill feed.  Santoy 8, in my opinion, has been a problem for some time, in reducing production grades.  Santoy Gap appears to be increasing in both grade and potential tonnage. 
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