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


To: Scripts who wrote (330)5/16/2003 2:21:26 PM
From: Enigma  Respond to of 359
 
Don't know other than the Dollar's tanking and the US is going to hell in a handbag! But a few things are interesting about the stocks. The much abused ABX is now the belle of the ball YTD. As for the juniors it could be that the retail investor is just not in the market now. So the stock almost has to be taken over to move?



To: Scripts who wrote (330)5/18/2003 12:28:02 PM
From: m.philli  Respond to of 359
 
I racked my brain for an answer to the same question. One answer it gave me was the Canadian dollar has been rising faster than gold. Claude sells gold in U.S. DOLLARS. It will be harder to show profit on the books as the U.S. dollar gold sales will not be as much when converted to Canadian for accounting purposes.
The Canadian dollar will peek soon and gold will catch up and surpass, increasing the Canadian dollar value of gold.
Buying opportunity in my opinion.
Kudlow (Lawrence of America) is pretty well connected with the Republican government. Actually in my opinion he is an "infomercial" for them. Lately he has been preparing the investment public for a gold increase. He is spending a fair amount of time saying gold going to $400 is a "good thing" as it would indicate liquidity in the system to create a little inflation and support the market.
There is a lot of talk of a rising gold price (+400) creating fear. His job is to "prepare" the investors for a rising gold price and preventing fear from taking hold as it moves up, as it will.
I think Claude will eventually be taken over, but if this is in the cards then one should consider the 30% of the area around SEABEE held by CURRIE ROSE V.CUI. They stand to appreciate more and any takeover of Claude should also include a move on CURRIE ROSE to obtain the other 30%.
It is difficult to put a speculative value on the area surrounding SEABEE, but at present the speculative value of the 30% held by Currie Rose has not recieved it`s fair value in the marketplace. in my opinion.
The Canadian dollar can only appreciate so much against a falling greenback. Exporters are already cringing. GOLD HAS NO SUCH PARAMETERS. If the Gata (and others) numbers are correct we could see a gram of gold increasing in value (U.S.) from the $10 or $11 range to over $20 a gram. The SEABEE (AND SURROUNDING JOINT VENTURE) will reflect the increase immediately as infrastructure is already their and production is ongoing.



To: Scripts who wrote (330)5/19/2003 9:07:34 PM
From: Gord Bolton  Respond to of 359
 
Lotsa people going to cash right now. More sellers than buyers right now. People expecting a long wait for any results.

Claude usually sells the U.S. buck short to cover losses from that event. It has cost them lots in the last 5 years. Hope they have it covered now.

Drills turning at Madsen and SeaBee. We could see a big jump any day.



To: Scripts who wrote (330)5/21/2003 7:34:37 PM
From: Gord Bolton  Read Replies (1) | Respond to of 359
 
Warrants Exercised To Purchase 2,563,463 Common Shares Of Claude Resources Inc.

SASKATOON, SK, April 29 /CNW/ - Claude Resources Inc. ("Claude") is
pleased to announce that 2,563,463 warrants issued by it on April 23, 2002
have been exercised. Each warrant entitled the holder thereof to purchase one
common share in the capital stock of Claude at an exercise price of $1.25 per
share.
The proceeds of the issuance of such common shares will be used by Claude
for general corporate purposes.

%CIK: 0001173924

-30-

For further information: Neil McMillan, President, Claude Resources
Inc., (306) 668-7505
CLAUDE RESOURCES INC. has 24 releases in this database.