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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: Victorio who wrote (65)6/2/1997 11:25:00 AM
From: George Alazar   of 653
 
Robert, How you doing? The Midas fund did a presentation at the NY Gold Show in which they reviewed all their stocks. In the junior, higher risk/higher gain department, Kjeld Thygesen, portfolio manager discussed IPM and flashed a price chart. The fund is doing well with IPM as the chart is almost straight up! Basically he said IPM had tremendous potential if they can prove what they're claiming. He also commented that the fund wasn't overly leveraged in any of their juniors but they felt exposure to IPM could be very worthwhile for the fund.
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