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


To: jack marshall who wrote (10)10/4/1998 2:13:00 PM
From: Gord Bolton  Respond to of 359
 
As far as I know Centaur is owned in full by Claude. Check out the Web Site. Centaur does do consulting and instalation work for others.
I am only a share holder and not an insider so I have no idea what goes on in detail. However I do live in Saskatoon where Claude has its headquarters and as far as I know they are very legitimate in every way. They do make money and produce profits and they have cash. They aquired two Gold mining properties complete with processing facilities this year. From my calculations with Gold at $300.00 Claude should generate $.40 per share profits. That is not bad for a $1.55 stock.
And as I suggested in the Post the Gap on the chart will close next week whether you or I is in or not. What happened in the last week trading was an aberation. Few people even know that Claude is a junior--intermediate Gold producer and I think that they know there business. They just do very little promotion. And quite frankly, they don't need to. The profits would look even better on a $1.55 stock and people will eventually check out the P/E.



To: jack marshall who wrote (10)10/4/1998 3:10:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 359
 
The WEB site indicates that Centaur is wholly owned by Claude.
Centaur engages in mine developement consulting, selection of equipment, planning and I believe that the info below would indicate that Centaur might even do the mining for you if you had a nice little vein of good grade stuff and didn't know how to get at it.

Looks like Centaur has developed skills in selecting and maintaining mining equipment. The SEABEE mine is in a remote location and I supppose out of neccessity Claude has had to look after their own equipment and be prepared to fix it on the spot. I believe that Claude does all of their own engineering and installs their own equipment. They have significantly improved both production and efficiency recently at the SEABEE mine and are currently completing renovations and improvements to the Madsen Mine and mill.

I suppose that having those capabilities, they might do some contracting for others when they are not actively doing major projects for themselves. Centaur would be the vehicle to do that without a company actually declaring that they had brought in Claude to do their development work.

From the Web Site
Personnel

Only a select group of miners are qualified to work with the
Centaur team. It takes skill, training, experience and dedication.
Centaur president Ray Gagnon has spent more than 40 years in
underground mining in every region of Canada and has
handpicked the best miners in the country. Our carefully recruited
team has been selected to set industry-leading standards for
production at a competitive cost. Centaur employees understand
the mining business and will help you increase productivity and
profit.

Experience

Profitability is tied to precision. It depends on diligent attention to planning and detail. Centaur has experience in base and precious
metal mining that enables us to achieve the best results from
deposits of all sizes. With a history of success in narrow-vein
mining, we know how to maximize the efficiency and profitability
of small deposits. Centaur has special expertise in shrinkage stope
mining and associated ground management techniques. Our focus
on economical recovery is a critical element in bringing increased
profit to your projects.

Equipment

Efficient mining requires the proper tools and dependable service.
Centaur's sales and maintenance division will select the right
equipment for your needs and increase its lifespan through proper
maintenance. Centaur also repairs and reconditions all equipment
related to the mining industry, including scoop trams, personnel
carriers and pneumatic drills. Use Centaur to protect your
investment in equipment and ultimately lower your production
costs.