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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Cluff Gold - Exciting drilling program ahead

January 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • CLF
  • Price:
  • 113p
Cluff Gold has announced encouraging drilling data at its Kalsaka mine in Burkina Faso with highlights including 15 metres at 7.4g/t and another 24 metres at over 3.2g/t and not surprisingly, it also believes there is strong potential to increase its mine life through additional drilling and delineation of the oxide resource. Going forward, it will use the recent fund-raising proceeds to accelerate exploration drilling including a 63,000 metre program for Kalsaka in Q1 next year. Tipped as a main write-up at 72p in August, the shares have moved up nicely but seem on the verge of another upward leg. Run profits. ...

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