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: Eva who wrote (248)	2/4/1998 11:54:00 AM
From: andrew r harwood	Read Replies (1) \| Respond to of 653

it sure would be nice to see clifton responding to the increase in the price of silver like paasf for example.you would think that the increase in price of silver would have have aprofound impact upon a little company like clifton.i guess no one believes that clifton is for real and will actually be profitably producing silver. i must say i am beginning to have severe doubts also ,we were promised that they would be producing silver last summer but as with all these small companies that proved to be bs . its now almost a year since the start of this bb and as far as i can tell in concrete terms nothing really seems to have happened and certainly the stock price is down .in retrospect i wish i had bought paasf instead of clifton which has basically been a bustwith buffett buying silver this is a very strong stateement in terms of the long term price appreciation of silver. whether clifton participates remains to be seen since they seem incapable of hitting deadlines and actually producing any silver or lead despite all the promises.arh

To: Eva who wrote (248)	2/7/1998 9:40:00 AM
From: Norm Gardner	Read Replies (1) \| Respond to of 653

Thanks for the reply. It looks like CFB only has a little over 3.5million shares O/S and management only issued 500,000 shares to tide them over until they start receiving revenues from production. This is very good IMO for the shareholders in that they are bootstrapping the operation and when they really get the 750 Ton per day mill going, the profits will be enormous with only the small number of shares outstanding. Also I keep watching the silver stocks in the Comex warehouse and yesterday they were down to about 101 million ozs. I think that once they break 100 million ozs., IMO, a barrier will have been broken and silver will start heading higher. I think the users of silver i.e. industrial mfgs. and Fuji and Kodak will start to hoard the remaining silver otherwise they won't have any for their products. Norm