Clifton Mining (CFB-Alberta)-Silver Play Message Board

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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play

CFTN 0.110

+10.0%

Nov 6 12:08 PM EST

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To: clifford atkin who wrote (5)	4/6/1997 8:16:00 AM
From: Dan P	of 653

Clifford: I believe that your calculations are in the right ballpark. As a matter of fact, the president of the company has indicated that the proceeds from the lead that will also be mined (contrary to what I thought, there is a big market for lead), will practically pay for the cost of mining the silver. So there may in fact be more profit than we surmise. Anyway, this is a long term play, and of course, at the moment most mining juniors are out of favor, with gold and silver not quite ready to move up. Maybe it will take another cycle of lowering interest rates again, before we see a move up. I really thought that we had bottomed at these levels, and were on our way up. Regards Dan

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