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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 > Claude Ranked Among Most Undervalued Gold Stock fo
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Post by SN3165 on Jan 11, 2013 4:25pm

Claude Ranked Among Most Undervalued Gold Stock fo

Analsysts consensus earnings estimates for Claude Resources in 2013 is .11 cents per share. With their current share price of just .53 cents, this gives them a forward P/E of just 4.8.

Comment by Lookin_2_Score on Jan 12, 2013 1:39pm
There's a reason why Claude is ranked among most undervalued gold stocks. All one has to do is look at a 20 month chart and do due diligence to see why.
Comment by Bottles on Jan 13, 2013 7:56am
  "There's a reason why Claude is ranked among most undervalued gold stocks. All one has to do is look at a 20 month chart and do due diligence to see why."   I may have taken a vacation to the dark side but I do not live in the dark ages!   The author of the following posted article said something that the market has not recognized let alone even acknowledge. In ...more  
Comment by Lookin_2_Score on Jan 13, 2013 12:18pm
  Question:   How many shares of CRJ does it take to own 1 ounce of gold in the ground?   Answer:   Nearly 6 times as many shares as it did 20 months ago.   As far as I'm concerned, until CRJ can show me a significantly higher share price than is current, we are still in the dark ages. Remember, since Claude received nearly $58M from its last private placement, things ...more  
Comment by boreps on Jan 14, 2013 12:35pm
The right question is " what are the numbers of the coming financing?, How the debenture maturity will be handled? Is it time to take advantage of the low valuation of juniors and replace the losers with solid companies? And stop quote the "research" of the social media writers as they paid by clicks.
Comment by Bottles on Jan 14, 2013 3:46pm
"And stop quote the "research" of the social media writers as they paid by clicks." Given that I posted the entire article as it pertains to CRJ, then I no doubt cost that author some money as there are now fewer and fewer clicks to the source. My bad. But I'll be. That author, no matter how he/she is paid, is correct to assert that CRJ is "undervalued" ...more  
Comment by boreps on Jan 14, 2013 4:30pm
Your moniker should be "bubbles" instead of "bottles".   Instead of looking at production numbers check the operating margins. This company did not make money in years, nothing indicates they will start to make them now. Hi risk for sizable investment.  
Comment by Bottles on Jan 14, 2013 5:26pm
"Instead of looking at production numbers check the operating margins. This company did not make money in years, nothing indicates they will start to make them now. Hi risk for sizable investment." Seabee has been cash flow positive since it was upstarted over 20 years ago for all quarters except one or two. With $15M in exploration expenditures just last year, its obvious that a 50K ...more  
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