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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

CFTN 0.1000

+11.1%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan P who wrote (83)	6/11/1997 9:55:00 PM
From: virginijus poshkus	of 653

Dan, if Clifton starts to ramp up production in two years and they produce $10mm a year in revenue ACMG will get a royalty of $250m. this is only from 2mm ozs of silver, plus or minus at $5/oz. I would look further out when they are producing 5mm ozs a year. Acmg will then be on the receiving end of $1mm plus. Putting everything in perspective, by buying ACMG, your future would be assured without any incumberances. secondly, the tax loss is worth $2.8mm plus all of the other elements. I think it would be a good deal for all concerned. vargas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next