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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 (126)10/8/1997 11:15:00 AM
From: Dan P   of 653
 
Vargas and others:

I am very encouraged by this stock's performance. It is becoming
recognized as an important player in the junior silver mining share
scene. We all know how few of these there really are. 85 % of the
silver mined is a by-product of other metals( e.g. copper).

Silver future prices have risen above major trendlines and are holding
Gold too seems to have broken through that $330 level and is so far
holding above it. Other "silver plays" like Pan American, SSO,
for example are moving back up. It is interesting to me that if
you review their charts, unlike many of the gold mining shares, these
held up a lot better (falling no more than say 50 % from their highs,
or even less). Also, Clifton has traded only a little higher than
at current prices (C$1.60, I believe), and now is around C$.90.
Furthermore, the stock has only been trading since early 97, and
there is very little overhang on the stock. My point is that this
one is poised to go with the price of silver. One of the best
deals around, imo.

Regards

Dan
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