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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

Bullboard Posts
Comment by oddykogon Dec 02, 2005 5:01pm
77 Views
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.
Bullboard Posts