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

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

CFTN 0.110

+21.3%

Nov 6 12:08 PM EST

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To: Texas77 who wrote (509)	10/10/1999 8:45:00 PM
From: Dan P	Read Replies (2) of 653

Dave: Clifton is still alive and doing well. The American Silver business is going well, and generating some cash flow. I am waiting for an update from the company, and will post what I learn. They are in the process of finishing a required filing (may have finished by now) by Nasdaq, apparently a new requirement. Once that is done the stock will trade again under the cftn symbol (cftne for now). The mining of silver and/or gold is on hold at this time. Higher lead prices are needed for the silver, and while they have high grades of gold on the Cane Spring mine, they would like to drill at least 4 holes to determine the extent of the deposit. This will be done with cash generated by the American Silver business. It is trading on the Alberta exchange, and Friday traded at .20 Canadian. More soon. Regards Dan

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