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

To: Carl Leonard who wrote (138)	10/22/1997 10:06:00 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 653

Carl, The comments on share price and reserves are mine..not Clifton. It is quite possible that Clifton will develop a very large reserve..time will tell.. But for now it is a very small operation that need to prove itself.. Most other silver stocks (PAA, SSO, FSR, ASM..) have perform better than Clifton since the summer low... IMO, this will change as Clifton start producing and spend cash flows on exploration programs...But given the number of shares outstanding, it will take patience to see this one up big time... Of course if they develop rapidly 20M ounces and start their second mill, then we have a new ball game. Another variable is the price of silver.. If we get $9-$10 per ounce next year...it will be another story for all silver producer incluting Clifton. I suggested to my subscribers that they load up on PAA, SSO, FSR and ASM...I expect that I will do same with CFB before long. CC