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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play -- Ignore unavailable to you. Want to Upgrade?

To: Texas77 who wrote (544)	3/15/2001 8:15:13 AM
From: Dan P	Read Replies (1) \| Respond to of 653

Dave: I believe again, that the main problem is the lead smelting surcharge implemented by Bruce Babbitt under the previous administration. There is talk of rescinding that surcharge: if that happens, I have been advised, the lead price could return to levels that are seen world-wide, rather than the discount we have here. I.e., no producers are in a position to pay that surcharge in order to have their ore smelted at this point. Regards Dan