Clifton Mining Company (CFTN)

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An observation of the Clifton properties made by Canadian mining expert Charlie Pitcher of Mining House, speaking of the rich array of gold, silver, copper, tungsten and a plethora of other minerals, he said, “This property is a veritable jewel box of minerals.” This sums up Clifton's future well. With the 20 year production agreement with Desert Hawk to mine all Clifton's resources with a maximum net smelter of 15% for gold when gold price exceeds $1500 and 15% for silver when it exceeds $25, Clifton can just sit back and point and collect the money. Their vast array of old mines they have patiently collected over 30 years and the yet un-touched variety of metal resources they will drill and expose in the coming years make Clifton a very long term play and nothing but a steady increase in stock price over the years. They are entering their sweet spot and will be there for at least 2 decades and need no outside help or funding. This stock will not top out for at lest 3 years an probably 5 or more. From this point there is no down side only the progressive increase in the company stock. When the small juniors like Clifton finally come into the spotlight the company stock price will go parabolic. A producing company with no debt and enough in ground assets all 100% owned to last for the next 20 years, it does not get any better that. In addition to its minerals operation it has ownership of the profitable http://www.americanbiotechlabs.com/ Clifton Mining Company owns approximately 23% of ABL.

PRESS RELEASE - Clifton Mining Company Inc. (OTC : CFTN)
2010-11-04 07:00 ET - News Release
ALPINE, UT, Nov. 4 - Clifton Mining Co .(Clifton) has been informed by its partner, Desert Hawk Gold Corp. (Desert Hawk), that production has begun at its Gold Hill mill facility. The initial mill testing phase is complete and the operation is moving into full production. The plant has started producing gold, silver, copper and tungsten.
Construction finished on Clifton's Gold Hill mill last month. The entire mill was upgraded with new crushing and grinding systems as well as adding a tungsten extraction system. For pictures of the mill and operations please see Clifton's website at www.cliftonmining.com.
Said Ken Friedman President of Clifton, "We were pleased to see the mill construction finish and ore start running through the plant. We look forward to a mutually profitable relationship with Desert Hawk and to the start of an income stream from our net smelter returns."
The venture is planning to open up two more operations within the next year. Both of these will be heap leach operations.