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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone?
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To: Enigma who wrote (84)1/7/1999 2:54:00 PM
From: Gord Bolton  Read Replies (1) of 359
 
She is trading at less than 1/2 price right now. I believe there will be more drilling from underground at Madsen and Annual report due in February or March. Lots of good news to come this year.
Net earnings of 29 cents per share to December of 1997.
Thats pretty good for a junior/intermediate producer doing exploration and expansion.
What I like more than anything is that the ore is already going straight to the mill as they drill it off. No waiting for financing, looking for JV, dilution or waiting for feasability etc.
It will be showing on the balance sheet.
We need the geologists and engineers on the thread to add up the ounces. It will take a few days for the numbers to get digested and sorted out.
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