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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)
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To: CLK who wrote (1267)12/10/1997 10:06:00 PM
From: Carl Leonard  Read Replies (1) of 3335
 
**Off topic**

I see that silver just passed $6.10. CFB is Clifton Mining on the Alberta exchange, with their mining operation in Utah. They've got a 250 ton a day mill coming on line, looks like January. (They are testing it now.) I thing they'll be running ore that has 13 oz silver and 5 percent lead. They now have a drilling team on full time proving up their resources. Then, there's another 1000 ton mill coming later in 1998. The downside is ~19 million shares out, but this should not be dilluted with the coming cash flow.

I agree that gold may have bottomed, but I'm expecting it to just lay around for a while, or, perhaps bouce up and fall back down. ... I'll have to check Prime Resources, thanks!

As long as we're off topic, another stock I really like is Rentech, RNTK. They are in the gas to liquid conversion technology. A lot of people are aware of another play, SLHO: it got written up in the WSJ, but not many are aware of this one. They've got a good SI thread.

/Carl
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