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


To: Dan P who wrote (145)11/4/1997 8:31:00 AM
From: virginijus poshkus  Read Replies (1) | Respond to of 653
 
Dan, thnkx for the update, glad to see the reserve increasing. no affect on the stock. production is needed soon to jump start the market.

vargas



To: Dan P who wrote (145)11/5/1997 10:16:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 653
 
<< A release from Clifton: sounds promising: if the 4 million ounces
of silver represents only about 4 % of the potential reserve, we
are looking at a possible 100 million oz deposit or more. >>

I agree Daniel. Potential looks excellent. The only problem I see is that the company has no $$ to develop the reserves and increase the mill feed. My worry is that we might have to wait a few years before they can go at a 1000 t/day rate.