4 yrs ago around this time, this stock was approaching $2.50.
And, they were only producing 44k ozs per year back then.
IMO, any news given an early fed interest rate hike possibility would most likely provide a short lived bump in the stock price followed by a sell off event.
The next leg up may take quite a while.
Strong jobs report just reset Fed rate clock.
Higher interest rates will likely mean lower POG.
Also, expenses incurred for Claude's winter resupply program will have a drag on their Q1 report.
Glad I sold most of my 22 cent shares at 43.
There's always plenty of time on pull backs to get on board the Claude train before it leaves the station.
Heck, 8 yrs ago old fat boy McMillan was saying Claude would be doing 75k to 90k ozs per year within 3 to 5 yrs. He should have built a second mill back then with all the monies that passed through his hands.
Didn't you very recently unload some shares for diversification purposes?
I unloaded all my 13 cent shares at 32.
If your'e the one who paid 32 cents for all my 13 cent shares, then, next week I'll be spending your money. I can't go broke taking a profit. Now, should this share price hit 45 cents, then, I'll start unloading my 22 cent shares.
"But do you think CLGRF will go to 1-2 bucks"
IMO, not any time soon given the drop in oil prices which will affect commodities.
The pundits are saying cheap oil may be around for quite a while.
Now, it you do a 5 to 1 or 10 to 1 reverse split, CLGRF could go to 1-2 bucks in a New York minute.
Thanks for the PR about Nieman and McKay.
I must have missed that one.
IMO, those two were NUBS (Non Useless Bodies).
Still don't know what Hicks and Kowalishin bring to the table other than their appetites.
IMO, Hicks still qualifies as a "good ole boy."
As for Kowalishin and Mirawald, what do they bring to the party?
Maybe, one brings the cigars and the other brings the cognac.
Claude just appointed Brian Booth as Chairman of the Board of Directors.
And, Mike Sylvestre will be leaving Claude at the end of February.
Looks like the McMillan "good ole boys" are firmly in charge again.
Time to break out the cognac and cigars.
That's what they once said about PayPal and Facebook.
Are you unaware that intellectual property is considered an asset?
Sure you can short a stock under a dollar.
Thanks for the clarification on regional and travel conditions.
I also agree with you in that the lower fuel costs should benefit Claude.
Guess, this annual expenditure will always be around and continue to be a negative on the 1st quarter bottom line.
Do your own DD. IMO, the company is legit.
If they can close the PayFlex deal , the stock price will rocket.
I believe this is a 12M to 15M dollar annual 1st quarter expense. For all the money Claude has spent through the years on this event, they could have paid for a truck road several times over which would have significantly lowered costs. Wonder if CEO Skanderbeg has the political clout to get approval to have a truck road built.
Somebody has to play Devil's Advocate.
But, you're right about one thing.
Comparing one who has a Masters of Science in mining to one who has a Masters in BS is hitting below the belt.
For that I apologize.
Now, how about updating us on your progress regarding your last public announcement.
Inquiring minds want to know Mr Staboz.