Friday, December 31, 2010

Why I like Claude Resources

When Redlake had the big goldrush, there were 3 original mines. The Campbell Mine produced the most gold. It was bought out by Placer Dome, which was bought out by Barrick. So the Campbell mine is now Barrick.

The Dickenson Mine was bought out by Goldcorp and the found the deep gold through their "Goldcorp Challenge".

The 3rd Mine was the Madsen Mine, which was bought by Claude resources and is currently being dewatered, and drilled by CRJ.

I thought it was a good one because they have the Seabee mine which is in operation, and they've been profitable. Figured they would have some income to do exploration on the Red Lake property.

This was the reason I originally bought CRJ, so this latest news on Amisk was icing on the cake.

No comments:

Post a Comment

CNN Top Stories

Financial Post - Blogs

The Globe and Mail - Streetwise

TIME.com: Top Stories

The Secret to Riches