Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: virginijus poshkus who wrote (159)	11/19/1997 4:30:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 653

Vargas, Just had a long chat with Keith at CFB. Well thye still need a month ortwo vbefore reaching commercial production, but things are going better than expected. In 1Q98, we should see stable production of close to 250 t/day and most probably an increase in reserves..possibly as much as a double. 1998 should be a very profitable year. The grades on the new 130 vein are simply just great. ANd it looks like they are able top get $0.40 per pound of lead from Asarco....if they can develop some tonnage there with consistant grades...I can see very healthy profits down the road. A story to follow. CC