Claude Res Inc CLGRF

From the Yahoo Message Board

[Lookin_2_Score]

A picture worth a thousand words

This stock is under complete control of the gold cartel and is being shorted into oblivion on pretty much a daily basis. The pps seems to lose the most on days when POG is up - this is so against the grain of normal pm stock behavior. I don't know where it is leading to or whether things will change come January, but shareholders are being punished severely just for holding onto this puppy.

https://finance.yahoo.com/q/bc?s=CGR&t=3m&l=on&z=l&q=l&c=

[yaponski]

At these prices, buying CRJ is like buying option. But here you own the stock and there is no option expiration nasty event.   Company needs financing. Ok. Company may have trouble selling bonds. Ok. But company could do stream sale to a Sandstorm. Not as good as bonds but still good.    Bottom line, company will get necessary funding. Tax loss selling will end. Fiscal cliff will

[boreps]

No, it's a clear case of lost expectationshttps://finance.yahoo.com/q/bc?s=CGR+Basic+Chart&t=6m

[ovis]

Check out the weekly chart here... https://stockcharts.com/freecharts/gallery.html?CRJ.TO   Expectations have definitely been dashed. At this point I would say "over reaction"...  I agree with yaponski that the company is unlikely to go bankrupt... and is unlikely to run ouf of gold to produce anytime soon...    

[December3]

What do you think will be the takeover premium if a buyer steps in?

[Lookin_2_Score]

IMO,  private placement investors would not vote to approve a low ball takeover bid at this time. I think when the Amisk PEA and Madsen scoping reports are completed,  a better fair valuation assessment of the company can be established. IMO, in the end, Claude will more likely become a two project company. A joint venture would most likely be considered on the more economic feasible of

[ovis]

This October presentation is worth a listen. You probably have to register to listen https://www.wsw.com/webcast/test/mobile.html?conf=vir10&page=cgr The presentation is by the new COO/ VP exploration. It does NOT sound like CRJ is going bankrupt. Rather it has some short term financing challenges and lots of possible funding options. COO mentions the gold stream option which is not a first

[goldminerpulse]

December3, I do agree with you that looking backwards, CRJ management hasn't delivered. The stock price certainly shows that as well. Great developers like say a Rubicon, a company with 185M in cash to cover mine development costs, is getting hammered in this market. This market only wants to hear about production. Skip the rest.   I think CRJ also recognize their past failure to deliver.

[December3]

>>>>IMO,  private placement investors would not vote to approve a low ball takeover bid at this time.<<< . The point is that BB posters seem to always think their shares are worth 2X or 3X the current price.  Problem is that if an offer is made, it is usually bases on a 20-day weighted moving average and for Junior Miners the premiums usually range from 35% to 45%. .

[Bottles]

"But so far the quarterly numbers are suggesting that the turn around is happening. Next two quarterly report are going to be critical."   Good point.   As a general rule of thumb, it takes three quarters of back to back improvements to denote a turnaround. In the case of CRJ, the shaft tie in is scheduled for Q1, 2013. Whereas grades have started to improve, its still a wait

[Lookin_2_Score]

Bottles: The shaft tie down project was originally scheduled to be completed by end of Q3 2012. And now, Q1 2013. That's not good. No wonder the market continues to punish Claude senior management and its shareholders.

[Bottles]

Bottles: The shaft tie down project was originally scheduled to be completed by end of Q3 2012. And now, Q1 2013. That's not good. No wonder the market continues to punish Claude senior management and its shareholders. Define: "not good". Management comments have been fairly clear and consistent that the shaft tie has been pushed back and pushed back again so as to minimize its