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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL -- Ignore unavailable to you. Want to Upgrade?


To: PaperPerson who wrote (4429)10/28/2011 3:03:23 PM
From: DrBill  Read Replies (2) | Respond to of 4690
 
PaperPerson, you may be right. But, 16c on the sell side looks good to me. I've had a $US.16 sell order in for two days & no takers. Do you want my 33K shares?

We both obviously like the assets. I feel, however, there is more upside leverage in the CRJ.WTs and I added 10K shares this afternoon at $C.85. Value in the warrants at today's CRJ prices is at least $C1.00; could be more. CRJ could have a positive surprise in the 3Q report due in 2 weeks. As you know there are many potential positive catalysts impacting Claude that should unfold over the next 4 quarters. And, this purchase to acquire 100% of AMISK is IMO icing on the cake. The CRJ investment in AMISK should prove out quite well economically.

So, I'm beefing up my CRJ.WT position; sold my ML.WT.A's and putting funds into Claude.
Regards,
DrBill