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


To: Norm Gardner who wrote (399)7/21/1998 12:05:00 PM
From: Martin E. Frankel  Read Replies (1) | Respond to of 653
 
Norm and all,

Did you or anyone get a chance to go to the AGM on Monday in Salt Lake City? If so I would appreciate a brief synopsis of what transpired... good and bad. I have a substantial long position since the end of last December in CFTN and have a lot of faith in the company's long-term potential... especially if the silver price gets back up. But, and it's a big "but", there seems to be too little substantive PR and people are getting tired of waiting for hard proven reserve numbers. I bought Clifton as a "sleeper keeper" and I intend to maintain that position until proven otherwise. Just looking for some hard facts to bolster my decision. The stock price has dropped partially because of the price of silver, although Clifton can produce quite cheaply and still at a good profit, but, IMHO, the lack of proving-up increasing reserves is hurting us more than anything else.

Any info about the AGM... or any opinions would be most welcome.

Thanks in advance and best wishes,

Marty