Gold production & exploration

Seabee Mine, Saskatchewan - Madsen Mine, Red Lake On

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Message: Major looking at Claude?

The Madsen still has a lot of drilling to do along with the pumping of a great amount of water. The Seabee wouldn't interest too many people but the dewatering down to the 20th level in the Madsen certainly has my attention.

What possibly might be there is a lot of high grade, just like at the Red Lake mine. The wait and fire sale prices on Claude's shares make this one interesting company to pack in your portfolio.

I thought 85 cents was reasonable for CRJ and with the last sale now at 58 cents, you are buying participation in locating unknown high grade in the Madsen at a great discount price.

History has taught me that major intermediate lows occur in gold in the months of August and September. My question is, why would this current fabricated shake-out be any different from the rest within this current bull market?



Go CRJ!!

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