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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: Charles R. Keuler who wrote (54)5/25/1997 2:24:00 AM
From: George Alazar   of 653
 
Hi Chuck...You're right that there are some people who participated in the pre-listing offering at C$.45 that have profits to take. In my mind they are very short sighted to give up shares at these prices but who really knows why they need to sell. Maybe they see a better situation somewhere else. So goes the market. I own plenty of CFB shares but if there is anymore weakness I will add to my position. With production due any time now, reserves on the increase, and the shareholders meeting next month, we're sure to see some activity in the stock. As far as Delgf and the fear of a scam ... CFB is way ahead of other juniors in credibility because long ago they enlisted a third party firm, Behre Dolbear, to sign off on all their assays and reserve estimates. A very smart move by management, IMHO! There should be little concern that what they say they have...THEY HAVE! And once you walk the property you'll see just how much they have understated what's potentially there. This is a major silver deposit and a great silver producer in the making. If one likes the future prospects for the silver market CFB is a must own stock!
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