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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone?
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To: m.philli who wrote (321)1/1/2003 10:53:57 AM
From: Gord Bolton  Read Replies (1) of 359
 
About two years ago with gold at about US270 per ounce Claude wrote off about 50 million from the books which amounted to about $1.31 Can per share at the time.

With Gold at $350 Madsen can produce a profit milling sulfide ore, The Tartan Lake mill can be started up and my guess is that they will be looking at ways to double production at SeaBee.

Claude can move to $5.00 per share in the blink of an eye and Placer should soon be in position to zero in on the high grade stuff at Madsen.
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