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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: Brian777 who wrote (132)10/15/1997 9:36:00 PM
From: Dan P   of 653
 
Brian:

Thank you for your post re: silver. I completely agree with the
interpretation that the majority of silver produced is a by-product
of other non-precious metals. So, unless there is an increased
demand for copper, etc. , associated with rising prices, that source
of silver is not likely to change significantly.

This the beauty of a play like Clifton, and a few others, which
are primary silver producers. They can benefit from the silver
deficit, and enjoy the higher prices for silver (expected), without
seriously increasing the world supply.

Ken Friedman again mentioned Clifton in his update, and he believes
that its resource could host several hundred million ounces of silver.

Regards

Dan
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