2015 all in cost (upper range) = 1275 Canadian per oz.
Current price of gold = 1210 per oz American
Current price of gold Canadian = 1210 x 1.25 = 1512.5
1512.5 – 1275 = $237.5 Canadian of profit per ounce
Outlook for 2015 is 60,000 oz according to Claude website
60,000 x 237.5 = $14,250,000 Canadian profit for Claude
Canadian $14,250,000/180,000,000 shares = $0.08 Canadien per share profit for 2015
Price of Claude on Toronto exchange: $0.40
P/E is $0.40/0.08 = 5
Correct me if the math is wrong.
Where will gold go? (I personally thing down with fraudster bankers despite MY owning CLGRF and ATNAF)
How does that stack up to other junior gold miners?
What is Claude's debt?