U S GOLD CORP
8-K, 1996-02-14
MINERAL ROYALTY TRADERS
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM-8-K
Current Report Pursuant to Sections 13 or 15(d) of 
the Securities Act of 1934

Date of report (Date of earliest event reported) February 13, 1996

U. S. GOLD CORPORATION
(Exact name of registrant as specified in charter)

Colorado
(State or other jurisdiction)

0-9137
(Commission File Number)

840796160
(I.R.S. Employer Identification No.)

55 Madison, Suite 700, Denver, Colorado 80206
(Address of principal executive offices)(Zip Code)

Registrants telephone number, including area code (303) 322-8002

Item 4. Change in Registrant's Certifying Accountant

One February 13, 1996, BDO Seidman, LLP replaced Mitchell*Finley
and Company, P.C., as U.S. Gold Corporation's principal
accountants.  The registrant has not consulted with BDO Seidman,
LLP on any accounting or auditing matters during the past two
years.  On January 1, 1996, Mitchell*Finley and Company, P.C.
merged their practice into BDO Seidman, LLP.  Mitchell*Finley and
Company's report on the financial statements for the two years
ended December 31, 1994 and 1993, contained an unqualified opinion. 
Also, there were no disagreements on any matter of accounting
principle or practice, financial statement disclosure, or auditing
scope or procedure with Mitchell*Finley and Company, P.C.  The
registrant has requested that Mitchell*Finley and Company, P.C.
furnish it with a letter addressed to the SEC stating whether it
agrees with the above statements.  A copy of Mitchell*Finley and
Company's letter to the SEC, dated February 13, 1996, is attached
as file Exhibit 1.

Item 7.   Financial Statements and Exhibits

A.   Not Required.
B.   Not Required.
C.   Exhibits

Exhibit 1.  Letter dated February 13, 1996, from former certifying
accountants, Mitchell*Finley and Company, P.C.

Signatures

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.


U.S. Gold Corporation

/s/ William F. Pass
William F. Pass, Vice President and Secretary

Date:     February 13, 1996








Exhibit 1

Mitchell*Finley and Company, P.C.
Certified Public Accountants


February 13, 1996

Securities and Exchange Commission
Washington, D.C. 20549

Gentlemen:

We were previously principal accountants for U.S. Gold Corporation
and on April 14, 1995, we reported on the financial statements of
U.S. Gold Corporation as of December 31, 1994 and for the years
ended December 31, 1994 and 1993.  On January 1, 1996,
Mitchell*Finley and Company, P.C. merged their practice into BDO
Seidman, LLP, and on February 13, 1996, we were replaced as
principal accountants of U.S. Gold Corporation.  We have read U.S.
Gold Corporation's statements included under Item 4 of its Form 8-K
for February 13, 1996, and we agree with such statements.

Sincerely,

/s/ Mitchell*Finley and Company, P.C.

Mitchell*Finley and Company, P.C.

Denver, Colorado
February 13, 1996


303 E. Seventeenth Avenue, Suite 600
Denver, Colorado 80203
(303) 830-1120



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