All I can say is that it's about time.
Looks like Pershing Securities Canada, Ltd is buying today.
Finally some interest being given to Claude.
Nearly 6 million shares....
If you're the largest shareholder in Claude, then you're probably also the largest bag holder in Claude.
Either way, it can't be healthy.
I would say if you're going to invest a large sum in a stock, it should be paying you a dividend.
The only dividend Claude pays is a lump of coal to shareholders at Christmas time.
Now, here is a suggestion for consideration.
Take that 6 million shares and exercise your shareholder proxy vote to replace non performance members of senior mgmt.
I'm not getting a warm fuzzy feeling regarding Laurentian Goldfields Ltd.
Their website has been under construction for a while and no trading activity for their stock since Dec 17.
Do they have a revenue stream to acquire a loan to purchase Madsen?
By KEN SWEET, AP Market Writer
Friday December 27, 2013 12:47 PM
NEW YORK (AP) — It is an understatement to say stock market investors had a good year in 2013. The Standard & Poor's 500 index soared 29 percent, its best year since 1997. Including dividends, it gained 32 percent.
What lies ahead after this historic year? The AP asked leading market analysts and investment managers where they see the Standard & Poor's 500 index winding up by the end of 2014 and why. The index closed at 1,842 Thursday, with three trading days left in the year.
Year-end target: 1,900.
Reasoning: Modest improvement in the economy and better company earnings. Enticed by higher returns, investors will move some cash from bonds back into stocks.
BANK OF AMERICA MERRILL LYNCH
Year-end target: 2,000.
Reasoning: With the Federal Reserve likely to end its bond-buying program, bonds face a tough year. In stocks, the focus will be large multinational companies that can benefit from an improving global economy.
Year-end target: 1900.
Reasoning: The rally of 2013 cannot continue into 2014. Stocks are no longer cheap. Investors are paying more than $16 for every $1 of earnings, versus about $14 at the beginning of 2012. Stocks will keep rising, but more modestly, Goldman analysts say.
Year-end target: 1,900.
Reasoning: The Fed pulling out of its stimulus program will lessen the support for U.S. stocks over the next year. Investors should focus on corporate earnings, as well as the modestly improving economy.
WELLS FARGO SECURITIES
Year-end target: 1850-1900.
Reasoning: The stock market will trend higher next year, but the returns are unlikely to repeat the gains of 2013. Another round of budget battles between the White House and Congress as well as a new Fed chairwoman will likely impact the market's growth.
crusader: I was recalling the spring of 2011 when Claude was seeking a private placement.
In their marketing campaign , they pulled out all the stops by issuing constant company updates to the investment community of the progress they were making.
I'm thinking they're running low on cash again and it's time for deja vu.
My guess is we should expect to see more press releases from Claude in the very near future.
It's clear that the minimal communications coming from this company during the past six months have done more harm than good. We've been in the historic low price trading range now for quite sometime.
You may want to consider hiring Neil McMillan.
IMO, that appears to be his only real talent.- selling company assets for less than he pays for them.
The company they sold Madsen to averages about 3 trades per day on the TSX. And, Claudes 19.9% ownership in LGF at current share price level is worth about $140k.
How's that for cornball?
Laurentian outstanding shares are 9.353,190 x 19.9% = 1,861,285 shares for Claude.
Laurentian current share price is 0.075 x 1,861,285 = $139,596.38 for Claude.
Anyone care to check my math?
Sorry to say but, Claude shareholders are certainly not getting rich here.