Avoiding used tires and old appliances in this low tide investment sea.
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Haven't heard yet....I havent forgotten it either Jenna, my feelings are that the lienholder HAS to see how close they are to opening......would be foolish not to give then another extension (My opinion only). Plus they HAVE made plenty of improvements to the grounds...would be in his best interest to continue.
I wont deny a little anxiety here though.
Merry Christmas everybody.
Sieg, cant find yours either...
mine is listed in my bio, just click on my name. Thanks, and have a Merry Christmas.
Wadda 'bout me Burk?! LOL
My opinion is my own, if you dont care for it put me on ignore. It's MY MONEY he's losing. It's too friggin LOW to get out.
Accomplishments? Had to laugh there!....Still long, but come on, not many accomplishments.
Brendan, yes I feel that CGFIA will make it. BUT if you are in a hurry for it, you will probably be disappointed...many of us have been waiting 5 years now. If you can be patient I think that you and we all will be rewarded. But if you expect it fast, you may be disappointed...right Jenna? (chuckle)
I feel they will still make it, but as I wasnt present I can only speculate what went on...IF the attitude reported by some of the posters is true, then CGFIA gave themselves a black eye and built themselves one heck of a hill to climb...nobody likes to be called (or proven) incompetent. The mill WILL generate capital and jobs for that area, so ultimately I think it will open.
Once we get past Christmas, I will average down a bit further...I don't think we will see much of a spike upwards for a while.
Still here, still long, but SOB...I was hoping we would make it that time.
BTW Grizz, where in IA are you...Moline, IL here.
Gee, where's everybody at....
last week there was 100 (new) people posting, talking about CGFIA going to the moon, busting a buck, how they have been stockholders SOOOOO long. Where did all these longs go?
Congrat's Ficose, you have a level head and will do fine...damn glad that Sieg decided to stay on as assistant,you both have done an excellent job. Thank you for doing a thankless unpaid job, be glad when all our paydays arrive on this one.....little longer yet though. Thanks again and see you around the site. Phil
Not really sure, waiting to hear from our "insiders"....if I had to hazard a guess, it would be a couple 2-3 months tho, complete whatever physical work, paperwork, resubmit.
Don't give up though, they have worked to hard to let this die...they own WAY too much stock to give up. Just stay patient and accumulate....I intend to.
Disappointing, but truthfully kind of expected it. Line up a few more ducks and she'll pass next time.
WELL SAID!!!...except for the part about selling if permit fails, I'll be loading up. CGFIA WILL make it, if not this attempt then the next.
RELAX PEOPLE, we have waited this long, dont sweat it even if there is another delay. If nothing else, look at all the shares the CEO and CFO control...at this S/P they, to be blunt, aint worth shit....they arent going to dump them for peanuts, they want a HUGE paycheck, and so do I. Relax, stay long,....Now IS NOT the time to blink. My opinion of course....good luck everybody. Now I got's to go! Leann's waiting.
First mines couple were in the portfolio of the then acting CEO Todd Hennis. The company and Mr Hennis had a falling out and as the other two mines were in Mr Hennis's control...well you can see.
Since its discovery in the year 1900, the Brooklyn Mine has consistently produced exceptionally high-grade gold ore.
An historic resource estimate of $13.8 million (14,535 ounces of gold times $950 per ounce) at a grade of 0.69 ounces per ton contained in two established and accessible ore shoots below the existing workings is based on well-documented and confirmed prior exploration. “We are targeting grades of 0.30 to 0.90 opt Au, however the Brooklyn Vein has produced ore with grades as high as 30.0 ounces of gold per ton,” stated Jonathan Moore, Project Geologist.
The King Solomon Mine is of particular interest to Colorado Goldfields because of its strategic placement in Little Giant Basin. Although no activity has occurred on the property since 1883, nearby properties in Little Giant Basin have produced significant gold.
LAKEWOOD, CO -- (MARKET WIRE) -- 11/18/2008 -- (OTCBB: CGFIA) As reported by Colorado Goldfields in the Company's recently filed press release of November 11, 2008, the results of the NITON XRF analysis confirm that mineralization from Gold King B Vein of the Gold King Mine contains gold grades ranging from 1.3 - 3.4 oz/ton -- considered exemplary high-grade gold.
More than that, silver grades were revealed to be 1.5 - 31.0 oz/ton. Charles Johnson, of Thermo Scientific exclaimed, "Better silver numbers I have never seen!"
In addition to historic production of 305,000 ounces of gold, the Gold King Mine also produced 3.4 million ounces of silver. The Mayflower Mine, one of Colorado Goldfields' other properties, historically produced 12.3 million ounces of silver. The total inferred resource for the Gold King Mine, including the Gold King Extension is 405,000 ounces of gold, and 3.7 million ounces of silver.
"The Company's goals were to confirm historically reported mineralization, expand upon that mineralization, and to assess the attitude and continuity of the structures (veins) in the trend. We are delighted we were successful in all three endeavors. The success of the 2008 diamond drilling program, along with the high-grade gold and silver indications returned by the Niton XRF analyses, offers a very optimistic outlook to Colorado Goldfields for realizing production of gold and silver, and opens the door for new discoveries on its home turf in Silverton, Colorado," said Lee Rice, President and CEO of Colorado Goldfields.
2008 Progress Highlights for Colorado Goldfields Inc.
We intend to commence an exploration program to determine whether the veins will become more important for their gold content with depth as has been the case in many of the San Juan County mining properties which were first mined for the silver content.
This is all I can find in a hurry, have dinner date with Fiance, will have to check later. Dont give up now people!!! Good night, Phil
I dont know....I put one infor a buy at.0025 for 230800 shares, just over a minute it was filled...230000 then filled rest of the way.
Here come the players to play their stock manipulation cards and try to wreck this stock....they care nothing for this company or the chance we have to succeed. I know what I would like to say but cant.
The warrants were for 1 share at .50
I dont know about him, but I sure am...am fully green, anything else is just gravy!!! ROCK ON CGFIA!!
Um...thanks.
Bert...I dont have PM capabilities, needs paid membership, but just below your highlighted area it states it. It was voted on by the CGFIA Board previously and passed, that was the info card mailed to people recently who are regestered stockholders on record as from when they changed their name from CGFI. Im no expert but CAN read..lol.
Thanks Sieg...seriously tho, Good news! Pretty much sounds like the holding ponds would have to be spewing a continuous fountain of cyanide into the Animas River to cancel our ticket!
Bet Wally's pissed. Go ahead and delete, just couldn't resist...LOL!
Sounds good Verdict.
LOL!....Go CGFIA!!!!! Think our time has finally reached the summit, now just a bit of braking, a few turns, THEN FULL SPEED AHEAD.....WAAAAHOOOOOO!
Congrat's AK!
Even though you already know this since you are a registered stockholder (since you have "B's"), you must have recieved the post card stating that they have raised the amount of "available" stock (O/S) to be used incase of a hostle takeover. You keep asking about it even though you yourself had the information. There, that issue is put to rest....The increased O/S is to protect CGFIA from a takeover and aquisitions....from company, it's self.
To those who missed it:www.cologold.com/14C-information.pdf
Reading between the lines, it tells me that they feel CGFIA has been playing by the rules...and there was a line in there about an objection, the was it was phrased kind of made me think the the Board itself is getting tired of Wally's constant objections! That's how I see it any way. Phil
Thank you. I too will probably throw a few more dollars at it when it hit .000.
The 4 hours set aside fro CGFIA to speak sounds good, also the fact that they asked for a $60,000 "bond" increase...what'cha bet that if they pay the bond increase the permit gets passed. Sounds like veiled extortionism, but whatever, if it works.......
There's no sense in selling...isnt worth anything, I just check back every so often.
I bought in at .005 and it's dropped significantly, personally I think the Real Estate is where the value will eventually come from. Should be averaging down, but got engaged and Christmas coming. Still staying long. Good luck to us all.
I dont understand how someone who admittedly aquires their information from this board and admits that they dont strongly understand the stock market presumes to inform us all on key stock buying and selling points and tells others how to invest after spending the last few years bitching about how badly CGFIA has been mismanaged and how they should instead stick to mining, how they have lost so much money on this stock, ect. Personally,I think people should run from this person's stock advice.
CGFIA has overcome problem after problem to come to this point, theres a chance we may not get approval for the Mill this go around but the information presented CLEARLY shows that Guyer and Co. has NOT been sitting idle, they have been working their asses off to get to this point....Permit approval or not, I remain LONG!
Never went anywhere Sieg, bunch of new people talking and I didnt have anything crucial to say so just sat here quietly...lol.
Truthfully, I am impressed by the amount of paperwork and ground work CGFIA has done, dont understand why they didnt comment on it as it happened, would think it only could have helped S/P, but whatever. Am very optimistic about our chances, I really appreciate you going out of your way to bring us this info...you're a good man, Charlie Brown! All the best, dude...Phil
Sounds like CGFIA has been working their rearends off and it is The Bureau that has been dragging their feet. The part that really interests me is the major objector is Wally Erikson, if noticed, he was one of the individuals that inspected the Mill before CGFIA even took possession...he didnt seem to have a problem with the property then.
In MY opinion, I also think yes. If only for an increased tax base if nothing else! CGFIA has been doing their best to jump through all the hoops inposed on them, the bureau of mining has to see this...it would be foolish to make them start the entire process over IMO.
Most of the issue is that when CGFIA aquired the mill it had many years of tailings left over from the previous tennants and the holding ponds were not up to EPA standards. CGFIA has had to deal with many different Agencies to try to recify this....groundwater leaching seems to have been the biggie, along with the posibitlty of avalanches sloughing contaminated water in the the Animas creek....as far as I understand it, that is.
JC...that was what the man was told, and he is honoring that. Personally, I appreciate that he has gone out if his way to bring us as much information as he can....perhaps next time you could make the trip, sir.