Claude Res Inc CLGRF

Claude seen as "unbelievable value"

[pickeral]

The writer calls Claude Resources unbelievable value. Article below:

but that's not to say there aren't promising opportunities among small-scale miners. Junior gold miner Claude Resources (NYSE: CGR) looks especially attractive as a value play. The total value of all its reserves is many multiples of its $165 million enterprise value. Shares are currently trading significantly below book value. Fool contributor Sean Williams is one of many who sees "unbelievable value" in Claude Resources.

https://www.fool.com/investing/general/2012/09/28/is-warren-buffett-wrong-about-gold.aspx

[December3]

No doubt that others can see the "unbelievable value" here in CRJ. . We just need a MANAGEMENT Team that can unlock that value.  Can't understand why shareholders aren't screaming for new leadership or a buyout? . Oh well, maybe most are happy to sit with "potential" rather than gains? or maybe they want to protect their jobs?

[ikny]

December, Just out of curiousity, are you a shareholder, and have you called and"screamed"? I spoke with the reps a few times and of course got the usual blah blah blah.....but ws told to wait for Skaandersberg address  to the convention that he is attending..

[pfaffgau]

I have been very impressed with Skanderberg's exploration programs.   The rest is all noise.  Once CRJ FINALLY shows some earnings, and with the upcoming grades, I believe they can't miss.......then we will see the stock move back up to $2.50 a share, where the last big finacing was done.  IMHO

[December3]

How is CRJ going to "show some earnings?" They already have miniscule earnings, but only a rising POG adds modestly to those earnings.  "some real earnings" would come if they were over 100,000 opy. . What is going to change?  Presentations & CCs make it clear that 3Q ounces will be as much as 50% lower than 2Q ounces.  Cash costs should be MUCH higher due to

[pdcon1]

for 1 crj is under valued should have some news from Madsen and Amisk , then there is the wild card of , of anything goes such as a takeover , more ounces from seabee , just the fact the gold sector is in turning point after the doldrums and crj is priced rediculously low in this golden bull  with banks all over the world are adding gold ounces to their balance sheets and in reality you