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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (248)	7/12/2000 8:28:51 AM
From: Gord Bolton	Respond to 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.

To: Enigma who wrote (248)	11/7/2000 4:44:44 PM
From: Gord Bolton	Respond to of 359

quote.yahoo.com

To: Enigma who wrote (248)	11/9/2000 2:15:50 PM
From: Gord Bolton	Read Replies (1) \| Respond to of 359

Claude's Red Lake Properties to be Explored by Placer Dome CALGARY, Nov. 8 /CNW/ - Claude Resources Inc. (Claude) and Placer Dome (CLA) Limited (Placer) have entered into an option/joint venture agreement in respect of Claude's Madsen gold exploration property near Red Lake, Ontario. The agreement is subject to Placer conducting due diligence and electing to proceed with the option phase by December 15, 2000. The option phase will entitle Placer to earn a 55% working interest in the Madsen property by expending $8.2 million over three years and delivering to Claude a bankable feasibility study by the end of the fifth year. Placer may abandon the option at any time after spending $1.2 million. Concurrent with electing to proceed with the option phase and subject to regulatory approval, Placer will subscribe for 1,000,000 common shares of Claude for $750,000. As well, Placer and Claude will work towards a "preferred relationship" agreement whereby the parties intend to pursue mutually beneficial opportunities. Upon Placer fulfilling its obligations in respect of the option phase, Placer and Claude will be deemed to have formed a joint venture with respective interests of 55% and 45%. At Claude's election, Placer may earn an additional 5% of the project by funding Claude's share of infrastructure costs associated with any mine development on the property. Under the agreement Claude's interests can not be reduced below 40%. The Red Lake mining camp is one of the most prolific gold producing areas in Canada. %SEDAR: 00000498E -30- For further information: Neil McMillan, President, (306) 668-7505