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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone?

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To: Enigma who wrote (248)7/12/2000 8:28:51 AM
From: Gord Bolton   of 359
 
I heard that at least one fund has been trying to lighten their position in gold stocks ie. CRJ for one--for reasons perhaps totally unrelated to CRJ progress and results. The bid has been weak.

With news of Nickel and Palladium in the Red Lake on GoldCorp property and as GoldCorp has been reporting better than expected results from bulk sampling there were some buy orders building up on CRJ. The seller dropped his order onto the bid.

I hope that the position has been taken care of, in which case we should start moving up as we get closer to the deep drilling reports and multi ounce per tonne intercepts!

Others may know much more. CRJ should make some kind of report on their progress to reassure the market.
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