Clifton Star Resources Inc.

Clifton Star Resources Inc. is a junior mining exploration company with a focus on six properties that have had historic production of gold, silver, copper and nickel. The company's portfolio consists of seven properties, six of them near the Porcupine-Destor Fault in Quebec, one on the Manitoba-Ontario border, and all in Canada.

Expert Comments:

"Clifton Star Resources Inc.'s project is marginal at $1,300/oz gold. It is facing a balloon payment and an extremely low valuation right now so it would definitely benefit from gold jumping back through $1,500/oz." read more >

"Clifton Star Resources Inc. scores just over 50, which is in the top third of our Quebec development companies. Clifton is a very high-risk/high-reward stock. In April, Clifton Star published a prefeasibility study on its Duparquet gold project in northwestern Quebec. At $1,300/oz gold, the after-tax NPV is $135M and the IRR is 12.1% (at a 5% discount rate). For the Duparquet mine to be built, gold will need to be at least $1,500/oz. That means that Clifton Star is one of the most leveraged stocks in our database to the price of gold. Its market cap is only $7M with a deposit that's over 4 Moz, which makes it very cheap. Clifton has $50.2M in payments between December 2014 and December 2017 to own 100% of Duparquet." read more >

More Expert Comments

Experts Commenting on This Company

Jeff Desjardins, President – Visual Capitalist
John Kaiser, Editor and Publisher – Kaiser Research Online

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