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: Dan P who wrote (61)	10/31/1997 8:20:00 AM
From: virginijus poshkus	Read Replies (1) of 653

Dan, apparently the company is working on the lower part of the mountain. in case of a bad el nino they are attempting to access the lower area because of the fear of slick roads and runaway trucks during the mud season. this is forward thinking. however, i remember back in june , the company said that they would anticipate pulling silver out of the hill by the aug 18, 1997 annual meeting. so far this has not happened. because of it the stock has been hammered down to discout levels. at a 50cent price the other day, we had a 10mm market cap. not much in lieu of 250mm ozs of silver. putting it in perspective big bill has to start mining the ore, turning a profit soon or people will get discussed. by the way i picked up more stock at these levels. and an afterthought , i wish they would get a jv partner over at acmg on the keiwit . just think, a possible 1mm ozs near surface and the company has a market cap of 3mm. if you have any new thoughts they would be appreciated. vargas

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