Bullboard - Stock Discussion Forum Claude Res Inc CLGRF

Metals & Mining Gold

"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."

Add To Watchlist

GREY:CLGRF - Post Discussion

Claude Res Inc > Where next??

View:

Post by mysterywriter on Nov 14, 2013 10:48am

Where next??

Well, again the market speaks...these guys miss the production target yet AGAIN and really by a wide margin for a company of this size, between 10 and 15% shortfall...Costs have improved but for the time being the production shortfall trumps improved costs. What Madsen will bring is another question to be answered. Claude is not in the drivers seat at Madsen due to being squeezed for funds AGAIN! Management will be hiding behind tax loss season, for the new lows set again today....Time to send these loosers home....

253

Comment

Comment by Lookin_2_Score on Nov 14, 2013 11:38am

IMO, it can only get better from here. Time to start accumulating shares.

172

Comment

Comment by bonjovi501 on Nov 14, 2013 2:24pm

I think you are right to start adding shares as this becomes a value trade now. I have been invested in CRJ since we were over $2.00 and have watched us slowly head lower. Boy I miss those days and the good thing is I have a small position and I can only think we have no where to go but up. If we hit .15 I am going in big time. Hope there are a lot of people thinking the same way. I too am ...more

166

Comment

Comment by Lookin_2_Score on Nov 14, 2013 4:05pm

It was mentioned in today's conference call that October's production number was 5900 ozs. So, I think Claude is off to a good 4th qtr start.. Also, when the sale of Madsen is completed and the balance sheet gets strenghened, the share price should move up FAST. That's my story and I'm stickin' to it.

198

Comment

Claude Res Inc