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

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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: virginijus poshkus who wrote (80)	6/14/1997 1:52:00 PM
From: Claude Cormier	of 653

Vargas, I just spoke with Keith Moeller and he is sending me an info pack on Clifton as well as some technical data. I think I will like this silver play. But tell me... I read all this thread, and got the basic numbers on CFB. I agree with most on here that CFB has quite a bit of potential. However, current market cap is C$18M and reserves are only at 3.5M ounces silver, plus gold and lead. OK, granted that these go grow 50X in the years ahead....but CFB has a long way to go before that. The market will not give a much higher valuation on CFB unless more reserves comes in the proven category pr silver prices move higher. Obviously with the close to 40 veins they have identified, there is much more silver there...I have no doubt about that. But again, this kind of market rely on facts not hypothesis. BTW, can you tell me the relationship between Clifton and ACMG ?

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