[deri21]

$CFTN Amended Disclosure Statement for 9-30-2020
Quarterly Report https://sec.report/otc/financial-report/265713

[bigone]

Has/is Desert Hawk in production the past 3 months and currently?

[wanttruthinvester]

Per the subsequent events footnote on the September financial statements, Clifton has bought back 2,221,799 shares. This will obviously help the EPS number.

Have any of you been reading what Mr. Cutler has written about Clifton Mining? He has estimated income for the year ended December 31, 2020 to be 8 cents. It looks like he needs to update his estimate, since they have 8 cents for the first 9 months. Here is a link to his reports.

https://seekingalpha.com/author/stanley-cutler/instablogs

[deri21]

$CFTN 3rd Quarter notes,
2 mil in cash..
1.6mil in Equipment owned & 7.8 million Investments
+ share buy back on going

[deri21]

$CFTN 3rd Quarter 2020 Financial Report with Notes
Quarterly Report - 3rd Quarter 2020 Financial Report with Notes
CFTN : Clifton Mining Co. https://sec.report/otc/financial-report/264307

[bigone]

Only a guess, share buy backs? or insider buying? Have we had a news release about September numbers yet?

[cassini2titan]

Why all the volume last week?

[bigone]

Thank you for all of your work. What potential!

[deri21]

$CFTN Also owns 18% of American BioTech Labs American Biotech Labs
https://silverbiotics.com/

[deri21]

$CFTN According to CFTN's website - Resource Summary - Investment Rationale - https://www.cliftonmining.com/

The Shear Zone System, which features a group of at least 38 mineable silver, gold, and lead ore veins. The system outcrops for just over one mile. More than 4.8 million ounces of silver and 26,000 ounces of gold have been certified by geological studies. The certification reports estimate that these resources represent less than 10% of the potential value of the first 11 of the 38 veins.
The Shear Zone System -

Silver - Est - $4.145 Billion

4.8 divided by .1 divided by 11 = amount in each vein = x 38 veins = 165,818,182 est ounces silver at $25 an ounce you do the Math = $4.145 Billion Just in the Shear Zone System....$

Gold - Est - $17,964,000

26000 divided by .1 divided 11 = amount in each vein = x 38 = 8982 est ounces gold at $2000 an ounce ... $17,964,000

Desert Hawk Gold Corporation - CFTN owns 5 Million Shares of Desert Hawk Gold Corporation

The Kiewit Zone. Newmont Mining had spent several years exploring on this property. Their chief geologist on the property reported that he believed the deposit holds between 2 and 5 million ounces of gold. This deposit is currently being mined and heap-leached by Desert Hawk Gold Corporation, a private corporation, intending to go public. Clifton traded its net smelter return on this property for more than 5 million shares of Desert Hawk stock and $3 million in cash. Clifton’s management executed this move to secure cash (some of which is being used to repurchase shares) and a large equity position in our producing partner.

[bigone]

I am glad, and hope so. This company seems to have so much potential.

[deri21]

$CFTN Agreed! The stop Sign is removed. Current Pink should help trading as well.

[bigone]

Thank you deri21 for this. It will be interesting to see how Desert Hawk, Clifton, and possibly new JV's develop this large property in the coming months and years. It wouldn't hurt to see more frequent positive news releases. Maybe at least monthly. Also, the potential growth of ABL also.

[deri21]

$CFTN Clifton Mining Co. Annual Report - Disclosure Report for 12-31-2019 [Annual Report] https://sec.report/otc/financial-report/259647

[deri21]

$CFTN Clifton Mining Co. Quarterly Report - Disclosure Report for 3-31-2020 [Quarterly Report]https://sec.report/otc/financial-report/259648

[deri21]

$CFTN Clifton Mining Co. Quarterly Report - Disclosure Report for 6-30-2020 [Quarterly Report]https://sec.report/otc/financial-report/259650

[bigone]

Thanks for sharing 'deri21'. Progress being made.

[deri21]

$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - "August Production Report" https://finance.yahoo.com/news/clifton-mining-company-otcbb-cftn-110000318.html?.tsrc=fin-srch

[bigone]

Wonder if Desert Hawk is still going to try to list on an exchange and offer 10 million shares at @ $1/share?

[deri21]

$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Stock Repurchase Plan and Production Updates" Clifton Stock Repurchase Plan Update – Pursuant to the Company's Share Repurchase Plan, the Company has been able to buy back 1,617,374 shares of common stock. All these shares are currently being held as treasury stock. Said management, "we believe that by reducing the float, that this should have a positive impact for shareholder value."

Exploration, Development, and Production - Clifton Mining Company has received the report that for July 2020, Desert Hawk Gold Corp. (Desert Hawk) sold 371 ounces of gold and 344 ounces of silver recovered from the leach pad. They also drilled 959 holes, crushed 50,398 tons of ore, added 613 recoverable ounces to the leach pad, and estimate that they have 4,400 recoverable ounces of gold remaining on the leach pad. Clifton owns 5.81 million shares of Desert Hawk. We anticipate that August numbers should be released shortly.

Please see the Company's website www.cliftonmining.com for additional Company information. Clifton trades on the OTC Markets under the symbol: "CFTN".

Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.

[deri21]

$CFTN Desert Hawk.
Updated Videos
https://www.youtube.com/channel/UCeIOF3YrGq_QYmGz5wS63Wg

[bigone]

Any word on when Desert Hawk may have a public listing?

[AskMuncher]

$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Production Update"
Press Release | 07/29/2020
Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Production Update"
PR Newswire

AMERICAN FORK, UT, July 29, 2020

AMERICAN FORK, UT, July 29, 2020 /PRNewswire/ - Exploration, Development, and Production - Clifton Mining Company has received the report that for June 2020, Desert Hawk Gold Corp. (Desert Hawk) drilled 1,397 development holes and crushed 38,861 tons of ore averaging 0.0105 ounces per ton of recoverable gold. Desert Hawk placed on the leach pad 527 recoverable ounces, and current estimates are that the pad currently contains 4,160 ounces of recoverable gold. Desert Hawk plans to increase its production in the months ahead. Clifton owns 5.81 million shares of Desert Hawk.

Please see the Company's website www.cliftonmining.com for additional Company information. Clifton trades on the OTC Markets under the symbol: "CFTN".

Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.

Cision View original content:http://www.prnewswire.com/news-releases/clifton-mining-company-otcbb-cftn-clifton--production-update-301101763.html

SOURCE Clifton Mining Company

[bigone]

It appears that they are making progress. Wonder when Desert Hawk will be listed and traded on a domestic exchange?

[deri21]

$CFTN
Exploration, Development, and Production - Clifton Mining Company has received the report that for June 2020, Desert Hawk Gold Corp. (Desert Hawk) drilled 1,397 development holes and crushed 38,861 tons of ore averaging 0.0105 ounces per ton of recoverable gold. Desert Hawk placed on the leach pad 527 recoverable ounces, and current estimates are that the pad currently contains 4,160 ounces of recoverable gold. Desert Hawk plans to increase its production in the months ahead. Clifton owns 5.81 million shares of Desert Hawk.

Please see the Company's website www.cliftonmining.com for additional Company information. Clifton trades on the OTC Markets under the symbol: "CFTN".

Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.
https://finance.yahoo.com/news/clifton-mining-company-otcbb-cftn-110000000.html?.tsrc=fin-srch

[bigone]

We shall see. Good luck to all of us.

[kex0414]

I guess anything's possible.

[bigone]

Possibly when Desert Hawk shares gets listed management may loosen up a little. Maybe even pay a dividend some day?

[kex0414]

Clifton Mining Company is not Shareholder friendly; that's why it doesn't move up even with seemingly good news.

[bigone]

OUTSTANDING !!!

[deri21]

Clifton Mining - Seeking Alpha Uncovers More Than Gold - OTC: $CFTN
https://seekingalpha.com/instablog/29126865-stanley-cutler/5470530-exciting-update-on-clifton-mining-company

[bigone]

Thanks for your information. Possibly we have a real sleeper on our hands.
With income as you suggested, when it is made public, it could make the share price explode. Information about the company needs to get out. When/if Desert Hawk goes public , that could make this an outstanding investment. The coming 12 - 24 months could be very, very interesting. We are here for the long run. GO CFTN!!!

[deri21]

$CFTN Clifton Mining and Desert Hawk Gold Corp gold mining heap leach. https://vimeo.com/432236173

[deri21]

Good read on $CFTN. I pulled this off the Yahoo board.

Some have said that the 9 cent per share income for 2019 was a one time event. This is not true. Thanks to the post of sfct1978 regarding Mr. Crosby's presentation for Desert Hawk's raising $10 M in a private placement at $1 per share, I have determined that CFTN will record a $3.5 million gain on its investment in Desert Hawk when it states the value of its investment in Desert Hawk at $1 per share. ABL has distributed a 50 cents per share dividend so far this year, and it is likely it will distribute another 50 cents per share in October or November. This will be $1 for the full year of 2020 resulting in a minimum income of $1.525 million to CFTN. This $1.525 million plus the $3.5 million from Desert Hawk will result in CFTN reporting $5.025 million of other income for 2020. Depending on what expenses are, I estimate the expenses to be between $700K and $900, CFTN could well report $4 million net income for 2020 or between 8 and 9 cents per share. I estimate outstanding shares to be 58 million after the stock buyback. So there is absolutely no reason for CFTN to be trading at this ridiculously low price of 16 cents per share. CFTN should be valued at a minimum of $1 per share just based on net income. With its large gold and silver resources it should be trading at $2.

I recommend you contact management, particularly Ken Friedman, and ask why he is not getting the word out. Management is derelict for allowing this stock to trade this low.

[deri21]

$CFTN Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Production and Distribution" https://finance.yahoo.com/news/clifton-mining-company-otcbb-cftn-110000193.html?.tsrc=fin-srch

[kex0414]

Short week coming up. Closed Friday July 3rd

[kex0414]

That Q didn't help any. Went down,not up

[deri21]

$CFTN Quarterly Report - 1st Quarter Report
https://www.otcmarkets.com/stock/CFTN/disclosure

$CFTN .Q1 2020
*2.8 million in Cash
*Share buyback

[bigone]

This is outstanding! Thank you for sharing.

[deri21]

No problem. Here is a good article from Seeking Alpha.
$CFTN Clifton Mining Company, A Gold Nugget Waiting To Be Discovered, 2019 Earnings And Stock Buyback
Clifton Mining Company, A Gold Nugget Waiting To Be Discovered, 2019 Earnings And Stock Buyback -...https://seekingalpha.com/instablog/29126865-stanley-cutler/5450090-clifton-mining-company-gold-nugget-waiting-to-be-discovered-2019-earnings-and-stock-buyback

[bigone]

Just read that. Thanks for sharing. The brief presentation was very interesting. A I S C stated as about $ 750/oz. with growth plans over the next couple of years. I like it. May add a few more shares soon?

[deri21]

$CFTN AMERICAN FORK - Clifton Mining Company (OTCBB: CFTN) - Audited Statements Released https://finance.yahoo.com/news/american-fork-clifton-mining-company-110000341.html?.tsrc=fin-srch

[deri21]

Agreed just need some company updates! $CFTN

[bigone]

The shares should be priced considerably higher then. Maybe in June we will get an updated news release???

[deri21]

I believe that is correct.