Home / Research Tools
Research Tools
| | Corporate Profile: Claude Resources Inc
Publisher: Kaiser Research Online
Author: Copyright 2013 John A Kaiser
|
| |
Claude Resources Inc (CRJ-T)
| Claude Resources is a junior gold producer that operates its Seabee project in Northern Saskatchewan's La Ronge Belt. Claude commenced commercial production at Seabee in December 1991, and during 2008 a total of 228,427 tonnes of ore was milled, grading 6.46 grams per tonne and producing 45,466 ounces of gold at cash costs of $683 per ounce from this narrow vein underground operation. Since operations began cumulative production has been around 845,000 ounces. An April 2008 resource estimate for Seabee's Santoy 8 deposit described 210,000 indicated gold ounces grading 8.98 grams per tonne, with 101,000 ounces inferred grading 8.08 grams, with exploration and resource development work continuing. Claude, led by CEO Neil McMillan, has a secondary focus upon its Madsen project in Red Lake Ontario, a past producing mine that includes a permitted mill, shaft, and tailings pond and where the company has had drill results such as 0.97 ounce per ton over 8.17 feet, and 0.75 ounce per ton over 25.92 feet. In 2011 the company produced 44,760 gold ounces and for 2012 has forecast gold production of 50,500 gold ounces. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
| An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
| Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value -   |
Fair Speculative Value -  |
Good Speculative Value -   |
| Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
| Click on the company name to view the company profile, the project name to view project details. |
| Click on the project icon if its background is shaded to get the IPV Chart for that company. |
|
| |
| | You can return to the Top of this page
|
|
