Claude Res Inc CLGRF

Strategic advisors, this company is toast

[uograd]

Reality is Madsen was the only hope here and after years and years and years of costs and false dreams, they sold it for a pittance just to make payroll.

Maybe someone like a First Nations funds buys Seabee to employ a few people but otherwise this thing will eventually go to zero.  That is the sad truth here.

[oddykog]

Management has for 10 years always promised higher production and has never managed to get it done.  Every year there is a new excuse.  I suspect Seabee will never be a profitable mine under present pricing.  It just keeps on swallowing new cash from new secondary offerings of equity or debt financings.  So don't pin your hopes on some wonderful buyout

[pdcon1]

sure hope you last two posters dont have any shares of crj  otherwise it would be pointless to post here  8 million with the right management could do wonders . Madsen was a pipe dream that never happened seems the focus is totally on seabee and with a better gold price we should be profitable . amisk is another story

[Lookin_2_Score]

Depending on who the replacement CEO will be, will determine the future for this company. If they go outside and hire someone who is knowledgable; charismatic; energetic and has marketing skills, Claude could rise from the ashes. However, IMO, if they hire within (aka good ole boy) then, forget about it. The law of the street will then prevail which states - once you're down that's where