GREY:CLGRF - Post by User
Comment by
oddykogon Dec 02, 2005 5:01pm
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Post# 9943502
RE: Finally...
RE: Finally...I suppose a bounce of 10% off the lows is an improvement, though very little when other juniors have done better. Claude is in "show me" mode. The market will wait until the results come rolling in to bid up the price. If there is a sell-off in gold we may well go right down to the bottom again. However, I think Q4 results will be a great deal better and with the mill expansion we should get more gold next year, even before production ore comes out of the new pits. I still think there is a lot of upside potential here with little down-side risk, but we may have to wait for that to be shown.