|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.000 - 0.000|
|52 Week Range|
|PE Ratio (TTM)||44.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
AMERICAN FORK, UT, March 19, 2018 /PRNewswire/ - Clifton Mining Company has received notice that Desert Hawk Gold Corp. has closed on an agreement to buy out its main creditor. This will help solve the debt and equity issues with their company and allow them to get back into production on Clifton's Kiewit property. This transaction has helped Desert Hawk Gold Corp. reduce its debt by approximately 89%, opening the door for them to recapitalize and move forward with production and their continued exploration and development program at the Kiewit Mine. It is expected that production will restart within the next 30 to 60 days. Clifton Mining Company received a distribution in March 2018 from its investment in American Silver, LLC of $152,500. To start off the New Year, American Silver had record sales in both January and February.
AMERICAN FORK, UT, Jan. 9, 2018 /PRNewswire/ - Clifton Mining Company received a distribution in December 2017 from its investment in American Silver, LLC of $106,750. This amount and the amount received in March 2017 totals $320,250. American Silver, LLC sent an update to its shareholders and below is a summary of that information.
AMERICAN FORK, UT , Sept. 29, 2017 /PRNewswire/ - Mr. Jerry L. Wilhelm has been appointed to serve as a board member to fill the vacancy left by the passing of Mr. Larrabee (Larry) M. Smith until the next ...
AMERICAN FORK, UT , Sept. 27, 2017 /PRNewswire/ - It is with deep sorrow that the Company announces the death of director Larrabee (Larry) M. Smith . Larry's self-effacing brilliance was surpassed only ...
AMERICAN FORK, UT, Sept. 5, 2017 /PRNewswire/ - Clifton Mining Company has received from Desert Hawk Gold Corp. the required annual payment of $50,000 to maintain its lease on the Clifton Shear Zones. In addition to the lease payment, Desert Hawk has also paid the required annual BLM maintenance fees required on the claims they have under lease from the Company. Desert Hawk, since it began mining on Company properties in 2014, has paid Clifton just under $300,000 in royalties on production of gold and silver from operations. Current operations have recently been put on hold while Desert Hawk works out its internal ownership issues. Operations may recommence at any time and when they do, we anticipate that the Company will benefit from the higher precious metals prices.