SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play
CFTN 0.1100.0%Nov 6 12:08 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: virginijus poshkus who wrote (294)2/17/1998 9:50:00 AM
From: David Luton   of 653
 
First I would like to stress I appreciate your
knowlegeable observations as the first time
I had purchased silver stocks was 2 months
ago.

My conclusions from yours and other
observations are as follows.

1) Clifton is an excellent buy and hold stock.
Don't be in a rush to sell unless the
price of silver really spikes up as
you may miss some nice profits.

To the extent that the majority owners
wish to fund expansion out of cash flow
we may have to be a little more patient
but the dilution factor is lower.

Personally I will use some other silver
related stocks for my trading stocks
for short term gain.

2) Given your analyis on this and other
posts for ACMG. I call it as a gold /
copper exploration play (in its own
right) with income related to Clifton's
operations. Not a lot of exploration
company's with income.

I think it is worth more then its
present market price on the Clifton
income potential alone. In effect t
the Clifton tiein reduces (ie. hedges)
the normal risk associated with an
exploration play.

I tend to agree with your analysis
of its present worth (a dime) but
if you invest in it be prepared
to wait 2 - 3 years to recover
your investment at an appropriate
return.

As an amateur I am quickly
realizing the value of knowledge
advice. I am going to put an
order in for Claude's newsletter.

Regards

The 'other' Dave.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News