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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 > when gold finally turns..
View:
Post by rederfor on May 09, 2015 1:33pm

when gold finally turns..

these are the types of producing gold juniors that double overnight..

There have been 3 components needed in every junior gold stock buyout over the past 5 years.. at least in Canada.

Claude has 2 key similarities with 3 past buyout deals outlined in a recent Canadian produced EBook on 50 buyout candidates for 2015.

The review goes in depth on what it takes for a junior gold stock such as Moneta to get bought out.

It begins for Claude on page 27 or so after the oil and gas sector of this free report.

Anyone who is unsure of management and wants to up their IQ on takeovers in the small cap gold sector should read this.
https://smallcapbuyouts.pinnacledigest.com/
Comment by Highwired7 on May 09, 2015 3:51pm
Red, I'd like to see at least a double from here before that happens.
Comment by mysterywriter on May 09, 2015 5:45pm
It was not that very long ago that this was a $3. stock and I can't see why it can't go there again. Management is steering the company in the right direction, unlike the previous CEO who used the company as a retirement home. Claude still needs to increase production to that 75,000 oz marker and a successful 2015 drill program to increase reserves. If gold prices were to finally turn this ...more  
Comment by Highwired7 on May 10, 2015 9:30pm
Yes, I am in full agreement, setting an exit price when your cost basis is this low will be the hard part...
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