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Re: pastorboy post# 10711

Wednesday, 07/10/2013 10:49:04 AM

Wednesday, July 10, 2013 10:49:04 AM

Post# of 12573
You really need to take the Clifton Star history into account when you look at current market valuation relative to resource size. This was once a promoted darling but was poorly managed, and in fact trade halted for a while, until it was reorganized and put under new management that is still working on turning it around. There has been a delay in release of a prefeasibility, which is never a good thing, but in this case it was because some exploration has found better grade potentially underground minable gold that will apparently be included in the delayed PEA.
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