SEC Comment Letter for UNITED STATES ANTIMONY CORP (UAMY) (CIK 0000101538) (UAMY) — Dec 23, 2010
UNITED STATES ANTIMONY CORP (UAMY) (CIK 0000101538)
Date: Dec. 23, 2010 · CIK: 0000101538 · Accession: 0000000000-10-077122
AI Filing Summary & Sentiment
File numbers found in text: 001-08675
Referenced dates: October 13, 2010
Letter
December 15, 2010 John C. Lawrence President, Director and Principal Executive Officer United States Antimony Corporation P.O. Box 643 Thompson Falls, MT 59873
Re: United States Antimony Corporation Form 10-K for Fiscal Year Ended December 31, 2009 Filed March 30, 2010 Form 10-Q for Fiscal Quarter Ended June 30, 2010 Filed August 13, 2010 Response Letter Dated October 13, 2010 File No. 001-08675
Dear Mr. Lawrence: We have reviewed your response letter and ha ve the following additional comments. In some of our comments, we may ask you to provi de us with information so we may better understand your disclosure. Please respond to this letter within ten business days by amending your filing, by providing the requested information, or by advi sing us when you will provide the requested response. If you do not believe our comments apply to your fact s and circumstances or do not believe an amendment is appropriate, pl ease tell us why in your response. After reviewing any amendment to your filing and the information you provide in response to these comments, we ma y have additional comments. Form 10-K for Fiscal Year Ended December 31, 2009
Engineering Comments
General
1. We note your response to our previous comment numbers 8, 9, and 10. Please disclose the requested information for your Mexican operations, in addition to your U.S. operations. 2. We note you disclose information regarding 3 patented mill site claims that are presently being challenged by the U.S Forest Service and a 3% royalty that is being challenged in court. Please expand your disclosure to include a detailed desc ription of these two
Mr. John C. Lawrence United States Antimony Corporation December 15, 2010 Page 2
disputes and the potential impact of thes e disputes on your business, pending their outcome. Include risk factors to a ddress these disputes if necessary.
You may contact Donald F. Delaney, at ( 202) 551-3863, or Shannon F. Buskirk, at (202) 551-3717, if you have questions regarding comment s on the financial statements and related matters. You may contact John Coleman, Mining Engineer, at (202) 551 -3610, with questions about engineering comments. Please contact me , at (202) 551-3311, with any other questions.
Sincerely,
Ethan Horowitz Branch Chief
Show Raw Text
December 15, 2010
John C. Lawrence President, Director and Principal Executive Officer United States Antimony Corporation P.O. Box 643
Thompson Falls, MT 59873
Re: United States Antimony Corporation
Form 10-K for Fiscal Year Ended December 31, 2009
Filed March 30, 2010 Form 10-Q for Fiscal Quarter Ended June 30, 2010 Filed August 13, 2010 Response Letter Dated October 13, 2010 File No. 001-08675
Dear Mr. Lawrence:
We have reviewed your response letter and ha ve the following additional comments. In
some of our comments, we may ask you to provi de us with information so we may better
understand your disclosure.
Please respond to this letter within ten business days by amending your filing, by
providing the requested information, or by advi sing us when you will provide the requested
response. If you do not believe our comments apply to your fact s and circumstances or do not
believe an amendment is appropriate, pl ease tell us why in your response.
After reviewing any amendment to your filing and the information you provide in
response to these comments, we ma y have additional comments.
Form 10-K for Fiscal Year Ended December 31, 2009
Engineering Comments
General
1. We note your response to our previous comment numbers 8, 9, and 10. Please disclose
the requested information for your Mexican operations, in addition to your U.S.
operations.
2. We note you disclose information regarding 3 patented mill site claims that are presently
being challenged by the U.S Forest Service and a 3% royalty that is being challenged in
court. Please expand your disclosure to include a detailed desc ription of these two
Mr. John C. Lawrence United States Antimony Corporation December 15, 2010 Page 2
disputes and the potential impact of thes e disputes on your business, pending their
outcome. Include risk factors to a ddress these disputes if necessary.
You may contact Donald F. Delaney, at ( 202) 551-3863, or Shannon F. Buskirk, at (202)
551-3717, if you have questions regarding comment s on the financial statements and related
matters. You may contact John Coleman, Mining Engineer, at (202) 551 -3610, with questions
about engineering comments. Please contact me , at (202) 551-3311, with any other questions.
Sincerely,
Ethan Horowitz Branch Chief