Claude Resources, Inc. (fka CLGRF)

[flemsnopes]

I suspect this announcement will negatively impact the share price at the open, and perhaps for many days to come. Any recovery will likely hang on subsequent press releases about the financial health of the company, execution on the business plan, and of course, the price of gold. As a strategy for controlling expenses, delisting from the NYSE and terminating reports to the SEC probably makes a lot of sense and it will save a significant amount of expense. Hopefully the company will quickly reveal the scope of these balance sheet savings in order to boost shareholder confidence. The OTCQX might be one possibility for maintaining transparency, but whatever they do it will probably have to happen quickly or we shareholders will likely be in for a rough ride in the near term.

http://www.otcqx.com/marketplaces/otcqx