Post by
Lookin_2_Score on Mar 17, 2014 3:46pm
Something to think about
A company such as Laurentian Goldfields which has no production gold mining activity has a higher share price than Claude Resources which has mined over 1 million ounces of gold from its Seabee operations over the past 20 yrs.
How's that for a Claude Resources senior mgmt legacy?
Comment by
tomgranite on Mar 18, 2014 5:36am
Laurentian's market capitalisation is $22m whereas Claude's is $44m. Claude is therefore valued at twice as much as Laurentian. Individual share prices are meaningless in comparison.