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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play
CFTN 0.1100.0%Nov 6 12:08 PM EST

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To: Texas77 who wrote (291)2/16/1998 9:51:00 PM
From: virginijus poshkus  Read Replies (2) of 653
 
Dave, the promo is coming soon, more market makers are coming to the party too. once we get production on a daily basis things will start happening. don't forget we most likely be on the amex exchange by the end of the year. to estimate stock price is hard. if you looked at this as an american stock right now it would be selling for $1 to $1.50. although it is on the bb not many people are aware of it. the amex will give it good exposure and brokerage push. remember this is not pie in the sky, as you note dan's intro to the company and later update. he extrapolates their silver resource at 450mm. i will take 1/2 this. once mining ramps up to 1000 ozs/day in a year or two and if we are making $5 per ozs, 15mm per year is not out of the question. what will the stock be then? $10 , $15. if silver goes to $10 the stock could go to $20. back to today, $3 US is realistic by the end of the year. look at sunshine, $1.50 the other day, they had a market cap of $300+ million and don't make one red cent. our market cap is $18 million and we will be in the black with maybe 200mm ozs reserve , slightly less than sunshines 250mm or so. i know we have a positive future here.

vargas
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