Clifton Star Res Inc CFMSF

RE: LOM gives $5.96 target for Clifton Star

[RicherNow]

I have been on a short hiatus (family i9llness) from mining business and have pared down my portfolio over the last few months fearing a down market as well.  I have continued to clean house and shed more shares recently at a loss.  In the past I have done well with CFO shares having sold most of my shares at $4.00.  The question now  for me is; Given the current state of the company's technical team and the current modern and professional work product (NI 43-101)  from CFO's geology team, is it time to move back into CFO with a bigger position?
So what needs to be considered IMO,  Initially when the Duparqeut exploration concept changed to defining an OPEN PIT resource, halos of wide widths of +1 g grades were implied by CFO without accompanying statements about HOW those average grades were calculated from drill assay certificates.  When Osisko came into the picture and started looking closely at the assays, drilling on a grid, applying a more resrictive and realistic method for calculating average grade intervals, the true width of the ore became known and an 8 to 1 strip ratio has been established in an OPEN PIT now by CFO's latest NI-43-101.  It seems that this was not what Osisko was looking for.
Unfortunately for me as a SH, following Osisko Beattie report, the company's then technical team made a weak effort and issued a NI 43-101 that resulted in the HALT order.  There is a new technical team in place today and it seems they understand the need for modern, conservative, high confidence views of  the Duparquet project.  I am encouraged by this.
I have long thought that Duparquet could be a mine, it WAS a mine.  I have renewed confidence in the company's technical team AND the results in reports they have produced addressing the metallurgical issues at Duparquet, more needs to be done IMO.
I have long held that the future blue sky for the Duparquet deposits was the resumption of exploration of deeper regions of the PDFZ and the porphyry that are untested.  The PDFZ can make BIG deposits in the deep underground IMO.   Because these were strike-slip faults, with multiple episodes of activity with lateral movement in both directions, west and east, it seems very likely to me that the PDFZ reaches profound depths in the earth's crust.  I like this setting and always have.
The current SP is where I bought most of my first round of CFO shares and I will likely buy back in at some point this summer.  IMO the current resource is significant, not what I thought it would be if low-grade halos surrounded the high-grade zones at Beattie/Donchester, but still significant and Conservative which carries forward a high confidence in the numbers for me.
My current view, NOT INVESTMENT ADVICE DYODD.  I am a shareholder of CFO and hold way out of the money purchase options ($5.35 CAD).