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

To: W.F. Schwertley who wrote (389)6/22/1998 1:29:00 AM
From: Martin E. Frankel  Respond to of 653
 
PMFJI, but the word out is that a U.S. market maker shorted the stock. If you look at the U.S. spread on CFTN it seems very obvious that the MM wants to buy cheap... perhaps because he's in a naked position (ie: shorted without the stock)... but wants top dollar on the ask. Nothing wrong with the Company, but the price of silver hasn't helped (although this shouldn't matter much considering Clifton's cost of production). I'm in with 40,000 at a higher price, but my stock is in lock-up for the duration. I like the company, the potential, and the management... and the potential for the price of silver over the next few years.

Best wishes,

Marty



To: W.F. Schwertley who wrote (389)6/22/1998 1:59:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 653
 
<< Well the price is right but why the fall recently? I thought for sure you all would be discussing it on this thread.>>

Simply has to do with the price of the metals going down, IMO.

<<By the way, I'm glad to see that you're bringing some level headedness to the MINE thread.>>

Time will tell what comes out over there.


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