Clifton Star Res Inc CFMSF

RE: +5 Million Ounce deposits in Canada

[tooclassy]

In addition to the 5 million ounces at Duparquet, another "selling point" that is sometimes forgotten with Clifton Star is its low 35.6 million shares outstanding. At the price it last traded at ($2.90), the market cap is just $103 million. If the price drops from this level upon the start of trading, the market cap will be below $100 million. For example, at $2.50 the market cap would be $89 million and at $2.00 it would be $71.2 million. Isn't 5+ million ounces of 43-101 resources in Quebec worth at least a few hundred million dollars market cap?

 

TC