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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play
CFTN 0.110+21.3%12:08 PM EST
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To: Texas77 who wrote (544)3/15/2001 8:15:13 AM
From: Dan P  Read Replies (1) of 653
 
Dave:

I believe again, that the main problem is the lead smelting surcharge implemented by Bruce Babbitt under the previous administration. There is talk of rescinding that surcharge: if that happens, I have been advised, the lead price could return to levels that are seen world-wide, rather than the discount we have here. I.e., no producers
are in a position to pay that surcharge in order to have their ore smelted at this point.

Regards

Dan
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