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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 (424)11/8/1998 9:04:00 PM
From: andrew r harwood  Read Replies (1) | Respond to of 653
 
Well thanks for the info ,i wish these companies would be more forthcoming and honest and tell all the facts when known to their shareholders.i am not sure at these price levels for gold whether hard rock mining is profitable,it would have to be an extremely rich vein i think.i have a couple of other clunker gold mines and none of them are pushing forward with hard rock gold mining as far as i can see.arh



To: Dan P who wrote (424)11/9/1998 4:45:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 653
 
<<However, they were blind-sided by a secretary of interior edict that hit lead smelters with a fine purportedly for the purpose of cleaning up abandoned lead deposits. >>

Any idea on how much is the fine... in cents/pounds of lead ?

This is extremely surprising. Based on the numbers, their ore, on average contains 50% silver, 15%gold and 35% lead for a total average metal content of some US$80/ tons... I doubt the fine is much more than 5% to the smelter... This should have minimal impact ???