Don't kid yourself.
Every year end is tax loss selling season when it comes to Claude. This is one company where history repeats itself consistently. A lot will be determined by if the company funds its winter resupply program using company funds, borrowed funds or by the good old private placement which the old CEO was noted for.
I feel gold prices will remain range bound between $1250 to $1350 for the remainder of the year. That said, what we do know will occur by year end is tax loss selling season and the need for Claude to provide funding for the winter resupply program. IMO, Claude will need to really outperform in the gold production dept. during the next two quarters.
Only a dollar by year end.
What happened to your earlier prediction?
Back on July 10 you predicted this would be two dollars by year end if we didn't get taken out before then.
Claude Resources has been in business 20 yrs.
1M ozs of gold have been produced from Seabee mine.
Current share prince 24 cents.
Someone has made a lot of money from this company and it sure hasn't been the common shareholder.
Point well taken.
Perhaps, Claude mgmt will address the for sale question in its conference call - Aug. 6th.
Let's not forgot to add loan payments to Crown Capital Partners.
And, what about the uncertainty regarding the July 31st date?
Let's not get carried away.
This is still a penny stock and we are trading on the over the counter exchange.
Here is a prime example of a NUB.
"The Company also announces the retirement of another long time director, Ray McKay, who brought understanding and insight into the Company's operation in northern Saskatchewan."
Give me a break!
The man brought understanding and insight.
Big whoop de doo,
Whatever happened to bringing shareholder value?
I'd be more concerned over field employee layoffs than IMO, McMillan cronies leaving the company.
No more cigars and cognac boys.
These insiders seldom purchased Claude stock on the open market during their tenure.
Why buy the cow when you get the milk for free?