UNITED STATES ANTIMONY CORP
8-K/A, 1998-01-08
PRIMARY SMELTING & REFINING OF NONFERROUS METALS
Previous: UNION CORP, SC 14D1/A, 1998-01-08
Next: WASHINGTON HOMES INC, 4, 1998-01-08





                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                    FORM 8-K/A

                                CURRENT REPORT

                      PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934


     Date of Report (Date of earliest event reported):, January 8, 1998
(December 29, 1997)

                       UNITED STATES ANTIMONY CORPORATION
             (Exact name of registrant as specified in its charter)


         Montana                     33-00215                81-0305822
(State or other jurisdiction   (Commission File Number)    (IRS Employer
of incorporation or organaization)                    Identification Number)


P.O. Box 643, Thompson Falls, Montana                          59873
(Address of principal executive offices)                     (Zip Code)


     Registrant's telephone number, including area code: (406) 827-3523
















<PAGE>   2

ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS

     On December 29, 1997, the Chairman of the Board of Directors of United
States Antimony Corporation (the "Company")  engaged Jeffrey R. Maichel, 
CPA, to serve as the Company's independent accountant for the fiscal year 
ending December 31, 1997.  Concurrently, the Chairman dismissed Coopers and 
Lybrand,LLP, the Company's previous independent accontants.  The engagmenet
of Mr.Maichel and the dismissal of Coopers and Lybrand L.L.P. was pursuant to a 
recommendation approved by the Company's Board of Directors.  

During the two fiscal years ended December 31, 1996 and 1995 and all subsequent
interim periods preceding the independent accountant's dismissal, (i) there 
were no disagreements with Coopers and Lybrand L.L.P. on any matter of 
accounting principles or practices, financial statement disclosure, or 
auditing scope or procedures, which disagreements, if not resolved to its
satisfaction would have caused it to make reference in connection with its
report to the subject matter of the disagreement, and (ii) Coopers and Lybrand 
L.L.P. has not advised the Company of any reportable events as defined in 
paragragh (A) through (D) of Regulation S-K Item 304 (a) (1) (v).

The accountants' report of Coopers and Lybrand L.L.P. on the consolidated 
financialstatements of United States Antimony Corporation as of and for the 
years ended December 31, 1996 and 1995 did not contain any adverse opinion or
disclaimer of opinion, but was qualified as to the uncertainty of the Company's
ability to continue as a going concern.


<PAGE> 3

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

            A. Exhibits:

               Exhibit 16. Letter from Coopers and Lybrand L.L.P.



                                      SIGNATURE

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                 UNITED STATES ANTIMONY CORPORATION




         Date: January 8, 1998     By: /s/JOHN C. LAWRENCE       
                                                   
                                    ------------------------------- 
                                          John C. Lawrence
                                          President and Chief 
                                          Accounting Officer
                                           







January 8, 1998




Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549

Gentlemen:

We have read the statements made by United States Antimony Corporation (copy 
attached), which we understand will be filed with the Commission, pursuant to 
Item 4 of Form 8-K/A, as part of the Company's Form 8-K/A report as filed 
January 8, 1998. We agree with the statements concerning our Firm in such Form 
8-K/A.

               Very truly yours,

               /s/COOPERS & LYBRAND L.L.P.


Enclosure




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission