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

To: Alan Whirlwind who wrote (630)	5/22/2002 8:24:33 PM
From: arizzzona	Read Replies (1) \| Respond to of 653

Hi Alan, Thanks for your post. I can't (so far) find anything on Clifton's financials. Do you know if it has a positive cash flow, or if not, what the burn rate is? (Based on today's ASAP sales.) New Centennial is something new to me. ncmining.com It looks like a number of niche prospects jointly owned by private investors? This seems to be a company in the embryo stages -- say first trimester. : ) Do you know if they already have raised the capital needed to proceed at Cane Springs? If the drilling is successful it appears that there are no further costs to start production. Too good to be true? Clifton's targets appear numerous and the reserves great. The CC mentioned silver at $3.50 an ounce (cost of production) at a rate of 5 - 7 million per year, and they're even talking reserves of 100 million ounces. ...BUT I can't the usual drill results, maps, etc., that substantiate this. It seems to me that either this how great, great, GREAT things get started or ..... : ( I like the ASAP cash flow but do have concerns over the patenting. I own a colloidal silver maker and always assumed that the big pharmas ignore this because it can't be patented = can't make any money. I wonder how the ASAP solution varies from what I can make for pennies a gallon? I'll need to contact IR and ask. As an side, the malaria results from the CC call are astounding; from a moral perspective, this product MUST be made available to these people. Looking for a home for some of the BAY $$$. WTC came up almost exactly when Francisco went to Glamis. This seems to be on the same track. Thanks, -AZ