Claude Res Inc CLGRF

Santoy Gap Deposit Increases Seabee Reserves by 78%

[Lookin_2_Score]

Not much investment enthusiasm given to Claude's last press release.
Like they say, one ounce of gold in the hand is better than two ounces of gold in the ground.
IMO, if you want to attract investors, strengthen the balance sheet - sell Madsen now.
https://finance.yahoo.com/news/santoy-gap-deposit-increases-seabee-002500086.html

[mysterywriter]

Nothing seems to matter, they could have announced 2 million additional ounces and the net result would have been the same..Gold and gold equities especially the juniors have been thrown under the bus...The industry needs sharply higher gold prices before we can move forward again..This is simply criminal as to what happened within the gold sector...manipulation as its finest as was the case 

[audigger13321]

"This company also needs to desperately grow production and reduce costs..." ??? IMHO this does not compute. Increasing production while selling at a loss, will only increase costs. Would a baker, selling bread at a loss, make more money by increasing the volume of baked goods??? Not likely. They should decrease production, and wait for higher gold prices before ramping up. But, hey

[mysterywriter]

Your obviously referring to one of my posts ....Yes,  more production with further reduced costs.....Better known as  " economy to scale"...... More through put at the mill, as there is extra capacity available......Surely they can pull more ore out without any more capital costs or more man power...Also, start cutting at head office   with the I.R dept. the first to