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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 (275)2/11/1998 7:13:00 PM
From: virginijus poshkus  Respond to of 653
 
Dan, i can't find the fund name. it was a small fund, only 47.5mm. investors have poured mucho dollars into this fund the past few weeks.

v



To: Dan P who wrote (275)2/13/1998 9:47:00 AM
From: David Luton  Read Replies (1) | Respond to of 653
 
Dan:

I have been a long time reader of this thread and have
enjoyed the observations provided. I have a significant
position in both Clifton and their sister company:
American Consolidated Mining Company (ACMG BB:OTC)
accumulated prior to Mr. Buffets announcement thanks
to the astute observations on this thread.

As Clifton moves down the P curve. "Promises - Production -
Profit" I wish to examine the best final investment before
the price moves too high.

Sprecifically at current prices do you see Clifton $0.90
or ACMG ($.025 bid, $.04 asked as the better value.)
for purchase. Ignore currency differences for simplicity
sake.

Assume Silver at $8 - $9 an ounce which is the value I
believe is the best for this company longterm. (If anyone
asks I will explain my perspective.

regards:

David Luton