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


To: virginijus poshkus who wrote (224)1/19/1998 8:06:00 PM
From: Orwell  Read Replies (1) | Respond to of 653
 
At the moment, how can one accurately predict the other veins?
And if the potential is that large, is the company just being conservative with its current estimates?
Could there be even 10% of what you say is there?

O.



To: virginijus poshkus who wrote (224)1/19/1998 11:23:00 PM
From: Dan P  Read Replies (1) | Respond to of 653
 
Vargas:

As you know, the company has been careful not to throw out large
unfounded numbers as far as reserves, but I know that they
believe that they have a very large deposit, probably larger
than what I have extrapolated. The only numbers they will issue are
those approved by B/D, the engineering company which has assessed
their reserves.

Mr Moeller worked for LLoyds of London for many years, going from
prospective mine to another which was in need of capital, and he
found this property which became available, and decided to quit
lloyds and develop this mine on a full time basis. I.E., he saw
a lot of prospective properties, and settled on this one as one of
the best he has ever seen.

Regards

Dan