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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

View:
Post by Aurum1983 on Mar 14, 2016 4:51pm

Why?

Would CRJ holder want the deal now that we are essentially back to where we were before the deal was announced? We have free cash flow increasing production lowering costs and excellent drill results and lot of potential for more. At the trend of gold we have now why would it be in our interest to sell now?? And for SSO share which has been beaten up badly? No thanks. Don't infect us with your problems. Don't try to buy us out with our cash in the ground. Now is the time to keep that cash ourselves and explore. Why cut SSO in?
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