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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play
CFTN 0.1000+11.1%Nov 14 9:30 AM EST

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To: Robert who wrote (34)5/2/1997 7:02:00 AM
From: Dan P   of 653
 
Robert:

I am impressed with this company's methodical progress toward
proving up reserves and production. This has been a well-thought out
project, which ought to be rewarding to its shareholders over the long
term.

My investment style is to look for value, good management, and buy
in at a reasonable price. I hold stocks over the long term, which
means 2-4 years for me. Clifton fits my requirements and I believe the company will succeed in its goal of becoming a significant
silver producer. It has an advanced project, and is valued at a
very reasonable price.

As far as the stock price is concerned, I think that it will perform,
when one or more things happen: production begins on the property,
the silver price begins to rise, and we finally bury the Bre-x
cloud.

George and Clifford's remarks are a propos; I am hoping to get to
the annual shareholder's meeting in June, which may include
a trip to the mining site.

Regards

Dan
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