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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play
CFTN 0.1100.0%Nov 7 9:30 AM EST

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To: Quattro who wrote (314)3/15/1998 8:23:00 AM
From: Dan P  Read Replies (1) of 653
 
Quattro and others:

The comments regarding the stock price decline echo my sentiments.
I think that the primary factor, though, is the soft silver price.
The company is progressing forward with production, and have a
definite plan for ramping up production, additional drilling,etc.
All these things take a lot more time than we expect. Even with
low silver prices, this company is profitable, and I intend to
hold for the longer term.

Claude, I have a question for you. More than one analyst has
suggested that technically, silver has attained upside targets
and is now technically not in very good shape, with a fairly
long period of static prices ahead. Would be interested in your
views? By the way, this has nothing to do with the fundamental
picture.

Regards

Dan
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