Monday August 21, 2017
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Al Gore's new global warming scare film bombs because the facts show the Nobel Prize was awarded for a lie
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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Cluff Gold – Takeover Target? Yes. But also a mega buy on fundamentals

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

Like most AIM (and in this case also Toronto) listed smaller gold companies the share price of Cluff Gold (CLF) has taken a beating of late – falling by almost 50% to 55p. While many of its peers may have to raise extra cash – hence their share price collapse – Cluff has already completed a placing (at 85p) and is thus fully funded to bring a portfolio of exploration and development projects onstream. Moreover it is already producing and generating cash. On fundamentals it is cheap. But the recent bid by Endeavour for Avion shows that Cluff is also pretty much in play as a bid target. This is a win.win for investors

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