Claude Res Inc CLGRF

RE:Should I Be Concerned ?

[Bottles]

What does Mr. Stabosz say: Claude Resources' Recent Success Is Fleeting [View article] "Interesting take, but I think, overall, you are underestimating the overall value of the mine. The stock has only partially comeback from a horrific swoon....and it is still trading for half or less of what comparable junior miners are trading for, by most traditional measures. It would have been nice if you would have done such analysis (price to book, price to n.a.v., price to adjusted cash flow, etc.) to make your analysis more broadly relevant and informative. The company has also been in a process of exploring strategic alternatives, and I note it maintains an interim CEO, which suggests to me that the "monetization" card still remains on the table. The tone of management in the conference call was optimistic, so i think it is too early to be getting neutral or bearish on Claude. Finally, the company is talking about relisting on a U.S. Exchange, and I am jolly well convinced they wouldn't be doing that unless the "story" was going to be remaining quite solid for a good while longer. Fair disclosure: I own 5%+ of the company. " Sep 4 10:41 AM | 1 Like Like |Link to Comment