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


To: DrBill who wrote (4557)2/10/2012 8:31:08 AM
From: PaperPerson  Respond to of 4690
 
Re CRJ, Madsen is still their ace in the hole. One good drill hole going down from inside the tunnel and ....

Chart tells me this stock is getting primed for takeoff. Very heavy yet quiet accumulation shown by OBV (on balance volume) line above price chart.

Classic accumulation!

stockcharts.com



To: DrBill who wrote (4557)2/10/2012 8:44:08 AM
From: PaperPerson  Respond to of 4690
 
Here we see how the high OBV did set up SSL for current very enjoyable ride, which I believe will continue BUT WITH HIGH VOLATILITY thru the Next couple years at least. Goes with gold plus gets a kick every time one of the miners they financed expands its reserves.

Just a clean cash flow ride on the backs of growing diverse gold mines.

There is a high probability SSL will indeed become the silver wheaton of gold. Opportunity staring us in face.

Technically the stock looks poised to repeat the bull-market leg which ended last summer. The same magnitude of rise here would take SSL close to two bucks. conservatively C1.80.

stockcharts.com



To: DrBill who wrote (4557)2/10/2012 12:55:45 PM
From: PaperPerson  Read Replies (1) | Respond to of 4690
 
-Claude Resources 4th-qtr production falls

(Reuters) - Precious metals miner Claude Resources Inc said it produced about 15 percent lesser gold in the fourth quarter, hurt by lesser production from its Santoy 8 mine in Saskatchewan.

The company produced about 11,270 ounces of gold in the fourth quarter and a total of 44,760 ounces of gold during the year, it said in a statement.

"We were able to get the Santoy 8 Mine to commercial production but lower grade ore and unexpected circumstances affected the ability to produce," CEO Neil McMillan said in a statement.

The company expects to produce 50,500 ounces of gold from its Seabee mine in northern Saskatchewan in 2012, with the majority of these ounces expected to come in the second and fourth quarter.

Shares of the Saskatoon, Saskatchewan-based company were trading at C$1.36 down about 3 percent in early morning trade on Friday on the Toronto Stock Exchange.
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