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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: Alan Whirlwind who wrote (405)7/22/1998 11:07:00 PM
From: Martin E. Frankel  Read Replies (2) of 653
 
Al,

I agree with you as to the effect of the POS, but at least these other companies are trading. Clifton didn't even trade at all today... either in Canada or U.S.. Unfortunately, very few people even seem to know about Clifton or its existence. I personally feel that just based on the supply/demand equation, the POS will climb (and possibly significantly) during the next year or two, but with the world situation it could happen very fast and suddenly... that's why I tried to position myself early. I chose Clifton because my DD indicated their potential for growth was extremely high and I liked management. Now, however, I have to say I am disappointed that management does not seem to care about meeting their forecasts or keeping shareholders apprised of what is going on. Their PR is very generic and disappointing. To say they are happy with this or that, but fail to publish the figures and show the increase in proven reserves as promised in prior PRs shows, IMO, a lack of concern for their public stockholders who put their faith in them. I'm certainly not bashing Clifton as I am still long and have not sold a single share, but it's almost as if the Clifton management is telling me to sell. I wish someone could get through to them and make them understand the importance of PR, promotion of the company, and stockholder relations. If you notice, Al, there was only one other response to my posts. My guess is that most of the old brigade has "unbookmarked" Clifton Mining. Sad!!

Speak with you soon,

Marty
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