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Bullboard - Stock Discussion Forum Clifton Star Res Inc CFMSF

OTCPK:CFMSF - Post Discussion

Clifton Star Res Inc > +5 Million Ounce deposits in Canada
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Post by Alexspushkin on Mar 07, 2012 7:50pm

+5 Million Ounce deposits in Canada

Always nice to have other companies include Clifton Star in comparisions. This one is from Sabina's (SBB.TO) press release.

We are in the top ten (and moving to the left on the graph):

https://media3.marketwire.com/docs/SBBGraph.pdf

-Alex

Comment by tooclassy on Mar 07, 2012 10:45pm
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 ...more  
Comment by rcoon on Mar 08, 2012 12:26pm
it most certainly is worth a few hundred million market cap and we will be there easily one day. though technically now we don't have 5 mil. ounces. but what we do have is environmentally, metallurgically mineable resources a huge positive. and it is good to see cfo involved in comparisons as a competitor to be reckoned with. by the way i do own sbb and am suffering as of late but not worried. ...more  
Comment by motionpro on Mar 09, 2012 10:45am
Are you referring to one of the old 43-101's?   I only see about 1 million ounces M&I here...
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