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Bullboard - Stock Discussion Forum 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 Discussion

Claude Res Inc > Something is up?
View:
Post by December3 on Jun 17, 2012 10:01am

Something is up?

Comment by oroyplata43 on Jun 17, 2012 10:38am
Enough already with the Copper Fox pump!!! They have $44k (That's thousand, not million!) cash and good luck trying to raise the extremely large capex for this project in this market. The company now has 387,974,079 shares outstanding which at Friday night's close values CUU.v at $446.2m and they just announced another PP for 4 mil which is a small drop of the huge ...more  
Comment by Lookin_2_Score on Jun 18, 2012 11:58am
December 3: This hidden press release is so well hid that it was no longer on the Claude web site as of this morning. What did it say?
Comment by Lookin_2_Score on Jun 18, 2012 1:50pm
December 3: I did manage to  find this corporate update on Claude's face book page. 
Comment by December3 on Jun 19, 2012 12:18am
>>>>December 3: This hidden press release is so well hid that it was no longer on the Claude web site as of this morning. What did it say?<<<< . I guess I wasn't so clear when I wrote "hidden press release?"  You were the second to ask. . I was trying to be polite & fun.  I labeled the PR as "hidden" because nothing was there but the ...more  
Comment by DrBill1 on Jun 19, 2012 9:20am
December, have enjoyed your posts for awhile on this sleeper stock.  What you are missing is the leverage here.  Management has positioned CRJ to have extra-special leverage.  When gold goes to 2K/oz. CRJ's margins explode.  The CRJ SP  then should bring bagholders at a minimum a 3X to 5X return. This all brought to you by your CRJ managemnent.  We need ...more  
Comment by fullplate8 on Jun 19, 2012 7:09pm
With substantially higher gold prices, the leverage on the share price is really quite a bit above the 3-5 range, provided that Madsen has the resources some of us suspect.  I would agree with your lower range if Madsen is not considered.  What we really have here at 70 cents is a call option on gold without an expiration date, and a floor beneath the option price that reflects the worst ...more  
Comment by December3 on Jun 20, 2012 10:01pm
DrBill... I thing we're gunna hafta agree to disagree. . Me thinks EVERY junior producer is similarly leveraged to the POG....management has brought nothing special to the table, no special "positioning.".  In fact, I'd argue that if CRJ Management were more speedy in their plans to upgrade the Seabee mill to 100,000 opy and were building right now, when the POG spikes to ...more  
Comment by fullplate8 on Jun 20, 2012 10:43pm
Not all junior producers are similarly leveraged to the price of gold.  Far from it, unless you think any upswing in the gold price will only last a few short years.  Each company's leverage is directly proportional to the amount of gold that can be very profitably mined  (and not taxed/appropriated) at whatever future price gold settles out at.  The more such gold resource ...more  
Comment by pdcon1 on Jun 21, 2012 6:43am
Yes   this could be part of crj plan wait for a takeover , while building gold inventory. Now is the time to load up at 69 cent shares and wait.
Comment by bonjovi501 on Jun 22, 2012 4:59pm
How about adding at .64 as we are just about to be aquired as it sounds on this board. Anybody looking??
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