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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play
CFTN 0.0907-13.6%Nov 3 3:12 PM EST

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To: Brian Lustig who wrote (563)10/27/2001 11:06:50 PM
From: Dan P  Read Replies (1) of 653
 
Brian:
I suspect you noticed a pop in the stock Friday, with big volume. Hopefully, this is just a beginning. Time will tell.
Yes there is a mill and it could go forward with a decent silver price. The problem remains the price of lead, however.

The real story with CFTN is the American Biotech division(formerly American Silver). You many recall that Clifton owns 40 % of the company. This is really doing well, and is providing some cash flow to the company. However, there are many exciting developments in this arena, such as the confirmation that the product (ASAP) is a potent antibacterial, which can be used to disinfect surfaces, in addition to water, to make it potable. If you are a shareholder, you should give them a call. Would amaze you. The best is yet to come, and it is not necessarily going to be with their silver mine. BTW they have an excellent gold property as well, which could have ore processed through the existing mill.

Regards

Dan
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