News Focus
News Focus
Followers 76
Posts 10317
Boards Moderated 1
Alias Born 11/22/2004

Re: AugustaFriends post# 190704

Wednesday, 02/22/2012 2:14:28 PM

Wednesday, February 22, 2012 2:14:28 PM

Post# of 720972
CGR - gold stock with earnings at $1.36

"Claude Resources (AMEX: CGR ) could be the latest member we can add to the list of inexpensive, but growing, junior miners.
Just last week, Claude projected that it would produce 50,500 ounces of gold in 2012, which would represent a 13% increase over its 2011 output. A lot of investors took this figure with a grain of salt because Claude has missed Wall Street's EPS estimates in four straight quarters, but I think the groundwork has been laid for a real surprise in 2012. Claude spent a lot of money on upgrading equipment and expanding its milling operations last year and it could easily surpass Wall Street's expectations this year. At just six times forward earnings, it looks like a genuine bargain."

http://www.fool.com/investing/general/2012/02/14/3-stocks-near-52-week-lows-worth-buying.aspx

http://stockcharts.com/c-sc/sc?s=CGR&p=D&b=5&g=0&i=t35503931474&r=7782

Rayank

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today