RE: RE: RE: RE: SHARE PRICE Clifton has suffered from a triple waterfall decline, to use Donald Coxe's phrase.
First, when Osisko pulled out there was a sell off.
Second, the cease trade order precipitated another sell off.
Third, the huge sell off in all gold stocks instigated by gold price malaise and what i believe are certain manipulations.Clifton has followed the market in this.
So we are way down. But all gold stocks are way down.
You ask why hasn't CFO been taken over? Why havn't KGI, RMX,PVG et cetera been taken over?Why wasn't Osisko taken over in 2008 when it was worth $1.90 and a fraction of outstanding share count?
Major golds are in a retrenchment mode. They have overextended themselves and are not in the mood for further acquisitions.
Cfo is risky, all junior golds are risky, all mining is risky. But with every improvement in metallurgy, with every extra ounce of gold they delineate and with every surge in the gold price the project is derisked and made more viable.
No, i am not a family member or company associate. On my honour. I am a bit of an educated bum to be perfectly honest. I think our financial system is in grave danger and our civilization is consequently on the edge of the abyss.
Whats your motivation?