EXHIBIT 99.1

KAUFMAN
ROSSIN &
CO.     PROFESSIONAL
         ASSOCIATION
CERTIFIED PUBLIC ACCOUNTANTS

miami, florida 33133

305 858 5600
305 856 3284 fax


August 13, 2001

Securities and Exchange Commission
450 Fifth Street
Washington, DC

Re: Clements Golden Phoenix Enterprises, Inc.

This letter is written in response to the  requirement of Rule  12b-25(c)  under
the Securities  Exchange Act of 1934 and in  satisfaction of item (c) of Part II
of Form 12b-25.

We are the  independent  auditors of Clements Golden Phoenix  Enterprises,  Inc.
(the "Registrant").  The Registrant has stated in Part III of its filing on Form
12b-25 that it is unable to timely file, without unreasonable effort or expense,
it Quarterly  Report on Form 10-QSB for the quarter  ended June 30, 2001 because
our Firm has not yet  completed  our review of the  financial  statements of the
Registrant for the quarter ended June 30, 2001.

We hereby advise you that we have read the statements  made by the Registrant in
Part III of its filing on Form 12b-25 for the quarter  ended June 30, 2001,  and
agree with the statements made therein as they relate to accounting and auditing
matters.



Very truly yours,

/s/ Kaufman, Rossin & Co.
Kaufman, Rossin & Co.





                       MIAMI * FT. LAUDERDALE * BOCA RATON