pied13g201002.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1 )*

PIEDMONT MINING COMPANY, INC.

(Name of Issuer)

Common Stock, No Par Value

(Title of Class of Securities)

720172105

(CUSIP Number)

February 14, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

x Rule 13d-1(c)

o Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 720172105


1.	NAME OF REPORTING PERSON	Stephen Jones
	S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
		a □
		b □

3.	SEC USE ONLY


4.	CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5.	SOLE VOTING POWER 7,261,364
	6.	SHARED VOTING POWER
	7.	SOLE DISPOSITIVE POWER 7,261,364
	8.	SHARED DISPOSITIVE POWER 0


9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON	7,261,364

10.	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* □

11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
		9.96%

12.	TYPE OF REPORTING PERSON*

		IN

SCHEDULE 13G

Item 1.		Name and Address of Issuer

	(a)	Piedmont Mining Company, Inc.

	(b)	18124 Wedge Parkway, Suite 214
		Reno, NV 89511

Item 2.		Name, Address and Citizenship of Person Filing; Class of Securities and CUSIP Number

	(a)	This statement is being filed on behalf of Stephen Jones.

	(b)	The business address for Mr. Jones is 177 East 75th Street, #11F, New York, NY 10021

	(c)	Mr. Jones is a United States citizen.

	(d)	Common Stock, no par value.

	(e)	720172105

Item 3.		If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

(a)	o	Broker or Dealer registered under Section 15 of the Act

(b)	o	Bank is defined in Section 3(a)(6) of the Act

(c)	o	Insurance Company as defined in Section 3(a)(19) of the Act

(d)	o	Investment Company registered under Section 8 of the Investment Company Act

(e)	o	Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940

(f)	o	Employee Benefit Plan or Endowment Fund in accordance with §240.13d-1(b)(1)(ii)(F)

(g)	o	Parent Holding Company or Control Person in accordance with §240.13d-1(b)(ii)(G)

(h)	o	Savings Associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)

(i)	o	Church Plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)

(j)	o	Group, in accordance with §240.13d-1(b)(1)(ii)(H)

Item 4.

Ownership

(a) This amendment is being filed in accordance with Rule 13d-2(b) to reflect the Reporting Person’s end of calendar year holdings of the Issuer’s class of common stock. As a result of private placement purchases through December 31, 2010, the Reporting Person is deemed to beneficially own 7,261,364 shares of the Issuer’s common stock.

(b) 7,261,364 shares of common stock represents 9.96% ownership of the Issuer’s outstanding common stock shares. The percentage calculation is based upon the Reporting Person’s most recent private placement purchase effective as of January 11, 2010, PLUS the outstanding shares of the Issuer’s common stock as of November 12, 2009, as disclosed in the Issuer’s most recent quarterly report on Form 10-Q filed with the Securities and Exchange Commission November 16, 2009.

(i)	sole power to vote or to direct the vote:	7,261,364
(ii)	shared power to vote or to direct the vote:	0
(iii)	sole power to dispose or to direct the disposition of:	7,261,364
(iv)	shared power to dispose or to direct the disposition of:	0

Item 5.

Ownership of Five Percent or Less of a Class

If this Statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: o

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7.

Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transactions having that purposes or effect.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:	February 16, 2010		/s/ Stephen Jones
			Stephen Jones, individual