Moderators:
Search This Board: 
Created: 01/06/2007 05:41:41 PM - Followers: 27 - Board type: Free - Posts Today: 0
CFTN~~WEBSITE~~https://www.cliftonmining.com/




https://www.youtube.com/watch?v=i7fNEq9cxXM

GOLD BREAKING HUGE NOW~~Metals Date Time
(EST) Bid Ask Change Low High
GOLD 10/24/2019 17:00 1503.60 1504.60
+11.60

+0.78%

1487.50 1504.80
SILVER 10/24/2019 16:59 17.78 17.88
+0.26

+1.46%

17.35 17.92
PLATINUM 10/24/2019 16:58 921.00 926.00
+6.00

+0.66%

916.00 935.00
PALLADIUM 10/24/2019 16:55 1759.00 1784.00
+34.00

+1.97%

1699.00 1791.00
RHODIUM 10/24/2019 14:46 4940.00 5340.00
-50.00

-1.00%

-

https://www.kitco.com/market/


the company making money here
Quote:
Net increase in Cash 2,243,610
Cash, Beginning of Year 614,411
Cash, End of Period $ 2,858,021


Total Clifton Mining Stockholders’ Equity 7,815,163 as of june 30th 2019



CLIFTON MINING COMPANY Consolidated Balance Sheet (Unaudited) ASSETS June 30, 2019 CURRENT ASSETS Cash $ 2,858,021 Marketable securities 612 Accounts receivable 1,050 Prepaid expenses 20,552 Total Current Assets 2,880,235 PROPERTY AND EQUIPMENT Mining properties 1,123,565 Buildings, net 160,418 Milling equipment, net 445,736 Total Property and Equipment, Net 1,729,719 OTHER ASSETS Equity investment in affiliate 883,525 Equity securities in affiliate 2,324,330 Restricted cash-reclamation bonds 74,508 Patent filings 14,324 Deposit 350 Total Other Assets 3,297,037 Total Assets $ 7,906,991 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable and accrued liabilities $ 12,093 Total Current Liabilities 12,093 LONG-TERM LIABILITIES Reclamation and remediation liabilities 48,168 Total Liabilities 60,261 STOCKHOLDERS’ EQUITY Preferred stock, $.001 par value, 10,000,000 shares authorized; 154,584 shares issued and outstanding 155 Common stock, $.001 par value, 70,000,000 shares authorized; 58,770,791 shares issued and outstanding 58,771 Additional paid-in capital 16,763,146 Retained deficit (9,006,909) Total Clifton Mining Stockholders’ Equity 7,815,163 Noncontrolling interest 31,567 Total Stockholders’ Equity 7,846,730 Total Liabilities and Stockholders’ Equity $ 7,906,991 3 CLIFTON MINING COMPANY Consolidated Statement of Operations (Unaudited) Six Months Ended June 30, 2019 REVENUE $ 5,203,228 EXPENSES Exploration and depletion 6,150 General and administrative 5,857 Professional fees 96,761 Accretion expense 1,413 Depreciation and amortization 25,073 Salaries and employee benefits 184,146 Stock based compensation 26,694 Property and claim taxes, filing fees and insurance 24,358 Total Expenses 370,452 Income From Operations 4,832,776 OTHER INCOME (EXPENSE) Interest income 770 Gain from equity securities 7,391 Gain from equity investment 166,332 Gain on sale from affiliated stock transactions 5,775 Other Income (Expense) 180,268 Income Before Income Taxes 5,013,044 Income Taxes - Net Income 5,013,044 Add: Net Loss Attributable To Noncontrolling Interest 37 Net Income Attributable to Clifton Mining $ 5,013,081 Net income per share – basic $ 0.09 Net income per share – fully diluted 0.08 Weighted average number of common shares outstanding during the period: Basic 58,770,791 Diluted 59,301,035 4 CLIFTON MINING COMPANY Consolidated Statements of Cash Flows Six Months Ended June 30, 2019 Cash Flows From Operating Activities: Net Income $ 5,013,044 Adjustments to reconcile net loss to net cash used by operating activities: Depreciation and amortization expense 25,072 Depletion expense 6,150 Accretion expense 1,413 Gain from equity investment (166,332) Gain from equity investments - net (2,100,085) Gain on sale from affiliate stock transactions (5,775) Valuation for stock based compensation expense related to options 26,694 Changes in operating assets and liabilities: Decrease (Increase) in receivables, prepaid expenses, and other assets 2,755 (Decrease) in accounts payable and accrued liabilities (568,576) Net Cash Provided in Operating Activities 2,234,360 Cash Flows From Investing Activities: Acquisition of mining claims (250,000) Proceeds from the sale of fixed assets - Distributions from equity investment 259,250 Net Cash Provided by Investing Activities 9,250 Cash Flows From Financing Activities: Net Cash Provided by Financing Activities - Net increase in Cash 2,243,610 Cash, Beginning of Year 614,411 Cash, End of Period $ 2,858,021 SUPPLEMENTAL CASH FLOW DISCLOSURES: Interest paid $ - Taxes paid $ - NON CASH INVESTING & FINANCING ACTIVITIES: Disposal of fixed assets $ - Noncontrolling interest income allocation $ 37

CFTN~~
Quote:
They anticipate the first sales of gold in September.
Clifton Mining owns approximately 5.81 million shares of Desert Hawk Gold Corp., which is currently a private corporation.




.

 
 

ONTACT US

For More Information

705 East 50 South, American Fork, UT 84003
801-756-1414

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts Free PlusOneCoin
No plusone'd posts yet. Be the first!
Post Subject
#576
Maybe some negative news at Desert Hawk? cassini2titan 04/04/2022 06:54:04 PM
#575
WOW!!! What happened today to cause such a bigone 04/04/2022 04:27:05 PM
#574
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - Thugmuffin 03/30/2022 03:38:11 PM
#573
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - Louied91 03/24/2022 07:32:59 AM
#572
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - Louied91 01/25/2022 08:21:03 AM
#571
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - Louied91 01/11/2022 09:38:34 AM
#570
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - Louied91 11/23/2021 10:35:57 AM
#569
$CFTN 4th Quarters. deri21 11/23/2021 07:31:47 AM
#568
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - Louied91 10/28/2021 11:45:37 AM
#567
Glad for the update. I would really like bigone 10/07/2021 12:08:38 PM
#566
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - deri21 10/05/2021 07:39:22 AM
#565
Good share price reaction today ,also. Something going on? bigone 09/10/2021 03:38:04 PM
#564
Nice move this past week. bigone 09/05/2021 11:59:22 AM
#563
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - AskMuncher 09/01/2021 08:58:14 AM
#562
Progress! Thanks for sharing deri21. bigone 08/31/2021 07:54:39 AM
#561
$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - deri21 08/31/2021 07:48:36 AM
#560
I am getting rather anxious for CFTN to bigone 07/31/2021 09:37:09 AM
#559
$CFTN Clifton Mining Company has received the production deri21 07/15/2021 07:53:51 AM
#558 Nice move up this afternoon on share price. bigone 05/17/2021 04:38:28 PM
#557 Gold prices going up. Clifton share price going down??? bigone 05/17/2021 11:44:42 AM
#556 $CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - deri21 05/11/2021 07:26:33 AM
#555 $CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - AskMuncher 04/01/2021 05:24:23 AM
#554 I am ready for CFTN to fly! bigone 03/31/2021 04:46:59 PM
#553 That's good news. Lazarus 03/30/2021 11:41:28 PM
#552 $CFTN Exploration, Development, and Production - Clifton Mining deri21 03/30/2021 07:47:40 AM
#551 Time for a news release update? So far, bigone 03/08/2021 09:24:34 PM
#550 $CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - deri21 02/02/2021 07:25:40 AM
#549 Thanks for sharing this very informative article. GO CFTN!!! bigone 01/28/2021 03:27:33 PM
#548 $CFTN Found this today. deri21 01/28/2021 01:33:50 PM
#547 Thanks for sharing. It is great to get bigone 01/04/2021 12:47:59 PM
#546 $CFTN : New Mining Videos Uploaded deri21 01/04/2021 09:53:56 AM
#545 Are they growing the mining amounts processed? Do bigone 12/17/2020 11:14:54 AM
#544 $CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - deri21 12/15/2020 07:27:43 AM
#543 CFTN now pink current $$ Golden Cross $$ 12/07/2020 04:21:00 AM
#542 Thank you 'deri21'. I am anxious for Clifton bigone 12/03/2020 09:07:01 PM
#541 $CFTN Amended Disclosure Statement for 9-30-2020 deri21 12/03/2020 11:26:23 AM
#540 Has/is Desert Hawk in production the past 3 bigone 11/30/2020 11:45:51 AM
#539 Per the subsequent events footnote on the wanttruthinvester 11/23/2020 03:52:17 PM
#538 $CFTN 3rd Quarter notes, deri21 11/23/2020 11:59:57 AM
#537 $CFTN 3rd Quarter 2020 Financial Report with Notes deri21 11/20/2020 08:31:24 AM
#536 Only a guess, share buy backs? or insider bigone 11/02/2020 08:51:16 PM
#535 Why all the volume last week? cassini2titan 11/01/2020 12:49:11 PM
#534 Thank you for all of your work. What potential! bigone 10/23/2020 04:35:00 PM
#533 $CFTN Also owns 18% of American BioTech Labs deri21 10/22/2020 07:35:08 AM
#532 $CFTN According to CFTN's website - Resource Summary deri21 10/22/2020 07:33:39 AM
#531 I am glad, and hope so. This company bigone 10/14/2020 09:07:31 PM
#530 $CFTN Agreed! The stop Sign is removed. Current deri21 10/14/2020 09:25:30 AM
#529 Thank you deri21 for this. It will be bigone 10/09/2020 08:58:19 PM
#528 $CFTN Clifton Mining Co. Annual Report - Disclosure deri21 10/09/2020 02:07:26 PM
#527 $CFTN Clifton Mining Co. Quarterly Report - Disclosure deri21 10/09/2020 02:06:24 PM
Post Subject