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: Claude Cormier who wrote (85)	6/15/1997 11:14:00 PM
From: George Alazar	of 653

Claude some of the things to consider about CFB and reserves are (1) The Behre Dolbear estimate is based on 10% of only 9 veins out of the 38 acknowledged veins. According to the company, because the veins are visible to surface as they 'finger out' across the mountain it will be easy to readily increase reserve numbers as the intersect these veins mining the ore through the mountain. Drilling should not be necessary.(2) Once CFB commences production, which should be before their general meeting in Aug, they intend to do some drilling beneath the surface in search of the source of those 'fingers'. It is hoped that there could be a large 'palm' for those fingers that goes to depth. (3) CFB has encountered other 'unreported' veins in addition to the 38 that could be considered for reserve values and they have also encountered some very rich high-grade pockets that may also have enough size to add to reserves. I think there will be steadily increasing reserve numbers coming from these sources once the mill starts up. I hope to be there in August for the festivities!...George

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