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Re: rich2 post# 104

Friday, 09/02/2011 7:05:27 AM

Friday, September 02, 2011 7:05:27 AM

Post# of 592
Appreciate your commentary and you made a great point that I had overlooked - trying to get some scoop on the actual miner of the properties - Desert Hawk. I found a 10K on them by googling "Desert Hawk Mining financials" and what I find was not pretty, with negative stockholder's equity of 1,000,000. They are attempting a private placement of 4.5 million but they are having difficulties getting it placed from the info I could find. I wouldn't be surprised if Clifton might have to look elsewhere for a more financially sound partner in order to get some actual production in the works, which only further delays things. If anyone knows more about Desert Hawk, please share.

My speculative portfolio is evenly split three ways between CFTN, CSOL, & NVLX, all of which have potential to be a ten-bagger+ (I consider that 1000%+ stock price appreciation within three yrs of purchase), so I have high hopes that one of the three will at least reach that ten-bagger status. Good hunting to you as well!