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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 > Stock Price
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Post by toriddog on Sep 18, 2012 11:15am

Stock Price

The small gold producer has 3 projects with good ore deposits, a mill operating, at a time of rising gold prices. All gold juniors have been beaten up big time mainly due to market fear due to the debt loads of some governments. This should be very positive for gold stocks. Gold will continue to rise as the US proceeds with devaluing their currency in order to pay back there massive debt with worthless dollars. I am sticking with gold  until somebody figures out how to produce it an easier, cheaper way.. Governments are running printing presses at full speed with no end in sight or good plan to fix the problem. Any country who has tried this before has ended up in disaster. They get themselves in a place where there is no other option. 

Toriddog

Comment by December3 on Sep 19, 2012 12:38am
toriddog - there you go again, pumping away.  Yeah, we all know POG is going higher and that a rising POG will lift all gold stocks. . But please!  Good companies are borne from GOOD MANAGEMENT. . I guess most people only care about the geology and figure that will save them?  Well in 17 years the Geology hasn't saved CRJ!  When investors wake up and demand some World Class ...more  
Comment by marnesue on Sep 19, 2012 1:14am
We're up over 30% in the last month.https://finance.yahoo.com/q/bc?s=CGR+Basic+Chart&t=1m What the Hell do you want? Egg in your beer? Sorry, if you had to sell at the low.
Comment by Bottles on Sep 19, 2012 2:57pm
"I guess most people only care about the geology and figure that will save them?  Well in 17 years the Geology hasn't saved CRJ!  When investors wake up and demand some World Class Managers to go along with the World Class Assets THEN you will be positioned to make some REALLY BIG Money."   What are you talking about?   For the bulk of those 17 years, no one ...more  
Comment by December3 on Sep 19, 2012 4:02pm
Well, it is pretty clear that most here don't expect very much from their investment in CRJ or are willing to just ride along with current management and "hope" they change their stripes. . Yeah, CRJ is up 30% off the bottom as POG rises, but it is only going to track POG not rocket higher.  What I want is for the assets to be developed FAST not over 5 years and if it were this ...more  
Comment by ikny on Sep 19, 2012 4:06pm
First of all, December is not a basher...She raises legitimate concerns, and if you disagree, dispute her concerns...I met Neil years ago when he attended the NYGold show..The co. had just got control again of Madsden, and he was extolling its virtues...he said that a geologist told him that Madsden had the same geology as GG property in the Red Lake territory..... What bothers me, was that ...more  
Comment by Bottles on Sep 19, 2012 4:15pm
"I guess most people only care about the geology and figure that will save them? "   December,   Geology thus far has been CRJ's biggest debacle. Put simply, the mineralization that they are chasing is located in narrow veins. Q1 and Q2 saw average values mined of 4.5 gpt or so as opposed to historic values that are closer to 7 gpt or so. In any mining situation, this ...more  
Comment by December3 on Sep 19, 2012 4:59pm
>>>>>For the bulk of those 17 years, no one really knew the geology of Seabee. It wasn't until a few years or so ago that CGR/CRJ had enough in resources to start exploring Seabee in earnest.<<<< . Balooney! . The company has known, or should have known for at least 8 years they were sitting on a district wide play.  See 1999 Annual Information form!  Here ...more  
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