To: virginijus poshkus who wrote (268 ) 2/15/1998 12:33:00 PM From: Texas77 Read Replies (1) | Respond to of 653
vargus - i finally got some time to do some research but i am still confused about the number of shares issued. i am posting the header of all of the company news bulletins that i can find. these are from canada stockwatch and they list shares issued consistently way below your estimates. the releases are posted chronologically and show shares going from zero up to 3047868 - please help!! If this is a stockwatch mistake - the company should inform them. Since I have to pay for my stockwatch subscribtion i would hope to receive accurate information from them. Their company profile for cfb agrees with the company release information. Clifton Mining Company CFB Shares issued 0 1993-03-16 close $1.5 Tuesday Feb 4 1997 The ASE has been advised by McDermid St Lawrence Securities, agent for the company, that the offering date for the offering of 2,800,000 common shares at $0.45 will be February 6 1997. The common shares of the company will be posted for trading on the ASE at the opening of business on February 6 1997. Clifton Mining Company - Share offering completed Clifton Mining Company CFB Shares issued 0 1997-02-10 close $0.98 Monday Feb 10 1997 Mr William Moeller reports Clifton Mining Company - Utah exploration results Clifton Mining Company CFB Shares issued 0 1997-02-21 close $1.56 Monday Feb 24 1997 Mr Keith Moeller reports The company began trading on the ASE on February 10. The company was incorporated in 1993 in order to develop the multi-metallic silver (with gold and lead) Clifton shear zones in western Utah Clifton Mining Company - Drill results Clifton Mining Company CFB Shares issued 0 1997-04-01 close $1.3 Wednesday Apr 2 1997 Mr Keith Moeller reports Clifton Mining Company - Value of Yellow Cougar mineral resources up 41% Clifton Mining Company CFB Shares issued 3047868 1997-04-28 close $1.05 Tuesday Apr 29 1997 Clifton Mining Company - Estimated resource value up 31% Clifton Mining Company CFB Shares issued 3047868 1997-05-14 close $1.1 Thursday May 15 1997 Mr William Moeller reports Clifton Mining Company - Appointment; new Web site Clifton Mining Company CFB Shares issued 3047868 1997-06-10 close $0.95 Wednesday Jun 11 1997 Mr William Moeller reports Clifton Mining Company - New road for Utah property completed Clifton Mining Company CFB Shares issued 3047868 1997-07-09 close $0.8 Thursday Jul 10 1997 Mr William Moeller reports Clifton Mining Company - $235,000 private placement Clifton Mining Company CFB Shares issued 3047868 1997-07-14 close $0.8 Tuesday Jul 15 1997 Mr William Moeller reports Clifton Mining Company - Discovery of three new mineral structures; start up scheduled for new processing facility Clifton Mining Company CFB Shares issued 3047868 1997-09-29 close $0.8 Tuesday Sep 30 1997 Mr William Moeller reports Clifton Mining Company - New mineral structure discovery increases formal resource estimates Clifton Mining Company CFB Shares issued 3047868 1997-10-31 close $0.7 Monday Nov 3 1997 Mr William Moeller reports Clifton Mining Company - Production phase start-up at Gold Hill, Utah; sample test results from 130 Foot Shaft vein Clifton Mining Company CFB Shares issued 3047868 1997-11-17 close $0.6 Tuesday Nov 18 1997 Mr William Moeller reports Potential high grade mineral additions discovered Clifton Mining Company CFB Shares issued 3047868 1998-01-12 close $0.61 Tuesday Jan 13 1998 Trading begins on OTC Bulletin Board Clifton Mining Company CFB Shares issued 3047868 1998-01-23 close $0.73 Monday Jan 26 1998 Mr William Moeller reports Clifton Mining Company - 500,000 unit private placement Clifton Mining Company CFB Shares issued 3047868 1998-02-04 close $0.8 Thursday Feb 5 1998 Mr William Moeller reports
CFB - Clifton Mining Co Company info: Sector: Gold & Silver Shares issued: 3,047,868 Exchanges: A 06/01/96 working cap ($26,000.00) Address: 70 West Canyon Crest Rd Ste D Alpine UT 84004 Phone 801 756 1414 Company Website: itsnet.com