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Geeeeezzzz.....
Sit back and enjoy the ride!!
Jenna, per your post....
Could still be going on. Many items on agenda. It's only 3:30 in Colorado.
GEEEEEZ!!!
Back off! How can you in one post say you "don't know what any of this means" and then turn around and blast another poster like that?
IMO, it really doesn't matter to anyone else how long you have held shares, but you continue to remind us. You can stop now, we all know.
Maybe you should take your own advise about who should be on this board and who shouldn't.
Excellent Post! You are spot on!
Even if you don't get a reply, you have planted a seed; something we have been trying to figure out how to do for a while now.
Anyone who has communicated with Guyer in the past knows he is willing to listen. Might not always get all the answers you are looking for, but it never hurts to let him know what the shareholders are thinking.
Burk, IMO you speak well for all the longs. Thanks!
We will all know more in just a few days. Everyone keep their fingers crossed! We need good news.
Guyer knows we are starving for information.
The last PR is just to let us know CGFIA hasn't gone away. As soon as there is real info, we will hear immediately. Wouldn't expect anything of value before 10/26 and probably won't hear the bottom line news until the final Board decision on 11/17. Even if that news is less than 100% positive, hang tight! IMO, Guyer and Rice know what they are doing and want to be sure they do it right so the end point we are all waiting for is reached!
R
Understood! Good point!
Just trying to think outside the box, not get anyone in trouble.
Burk... Thinking of Brad Long?
He might have been able to write better PR's, but he would never return emails or answer the phone. Better he is gone. Maybe Steven would privide you with info suitable for a PR, you could write it and send it back to him for approval/submission to the marketplace. I know Steven has a high confidence level with you. Give it a try!
R
Might help...
From the last PR:
Management is also pleased to announce that at its September 15, 2010 board meeting the Colorado Mined Land Reclamation Board approved several date modifications for the Company's reclamation permit process for the Pride of the West Mill. After collaboration between the Company and the Division of Reclamation Mining and Safety ("DRMS"), the DRMS decision date has been set for October 26, 2010 from August 27, 2010. Full board approval would then occur on November 17, 2010.
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DRMS (Colorado Division of Reclamation Mining and Safety):
This division is responsible for mineral and energy development, policy, regulation and planning. The division is comprised of the Office of Mined Land Reclamation and the Office of Active and Inactive Mines. The division's activities are overseen by the seven-member Mined Land Reclamation Board and the four-member Coal Mine Board of Mine Examiners. Decision Date 10/26
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Office of Mined Land Reclamation...
...issues reclamation permits from either the Minerals Program or the Coal Program. Together, these two programs regulate mining and reclamation activities at coal, metal, aggregate and other minerals mines. Their primary objective is to review mining and reclamation permit applications and to inspect mining operations to make sure that reclamation plans are being followed.
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(CMLRB) Colorado Mined Land Reclamation Board:
CMLRB is a multi-interest citizen board which establishes the regulations, standards and policies that guide the Division of Reclamation, Mining and Safety. Decision Date 11/17
Burkhard, Ficose....
Might be nothing, but the level 2 info shows a brokerage named Pennaluna and Company located in Idaho that I don't recall seeing recently. Their website...
http://www.pennaluna.com/index.shtml
...seems to show a heavy interest in mining. Do anyone have any thoughts on a possible connection with the recent increase in shares and the recent MM activity by PENA? Cour D'Alene connection of some kind possible? I remember talk of discussions with Kinross in the past.
I agree with you Burk when you say after permit approval there may be a big "For Sale" sign on the mill! Colorado Goldfields has a lot of irons in the fire and each has the potential of reinforcing CGFI's position as a very attractive property, starting with the mill!
By the way, Ficose, great stuff!! Thanks!!
Hope this helps....
http://mining.state.co.us/MLR%20Board.htm
The Board is the State of Colorado Mined Land Reclimation Board.
If it was the Colorado Goldfields Board of Directors making any final decisions, we'd be in Fat City aready!!!
Politics at the Fed level aside...
...the truth about why there is a delay is simple. Colorado Goldfields needs to make improvements to a tailing pond or they will definitely not get approval from the State of Colorado to complete refurbishing the mill. Best to do this now before it starts getting cold. There's no point in going through the approval process prior to getting this done. Doing so would only lead to a rejection from the State followed by even longer delays.
Granted, the economy sucks. But the product CGFI is trying to put on the street is GOLD. Imagine that... $1,200 per OZ. Even the real Josey Wales knew the value of GOLD!
I bet CGFI would kill for the opportunity to complain about how much they have to pay in taxes. But there has to be some income before that can happen. The delay is in no way related to the cost of doing business. CGFI is only trying to make it right so they can bring product to market!
Thanks for checking!
Not what we wanted to hear, but doesn't change the overall plan. Wouldn't think it has to do with the actual mill rehab. They are ready to go on that when approval is granted. Must be something like the tailings pond. Sounds like they really want everything to be "right"! Nothing wrong with that.
You might want to make the call now!
Looks like we have been dropped from the September agenda. Don't know what might be happening, but sure would be nice to hear from Guyer. Agenda link follows:
http://mining.state.co.us/Agenda/sept10.htm
If there is an additional delay, better strap in 'cause the ney-sayers are poised to say "We told you so" and those with no stomach are bound to run, providing a tremendous buying opp for longs. Get your cash ready!
A couple of months from what is being guestimated. There is still work to be done on the tailings pond as well. Mill and pond could be worked on simultaniously once approval is given.
Apparently Colorado's state budget cutbacks have affected the Colorado Division of Reclamation, Mining and Safety's ability to keep up with all the mining business at hand. But we are in line and our number will be called soon!
Sieg... know someone who stopped by the mill earlier this week. Only cosmetic work being done. Until the State of Colorado makes it final determination, which is scheduled for Sept 18th, the financing that was recently arranged for is being held back. Makes sence from an investment perspective. The confidence level of getting approval is high. The mill is a sleeping giant just waiting to be cranked up! Sorry, no pictures to share. Anyone worring that this is not a viable effort has no idea of the potential here. A month and a half from now we should all be very happy!! This is going to happen! Have a good weekend...
Jenna36...
I would bet that most longs wish they were only down 12.5% on CGFIA! Plus, anyone that can lay down $32,000 on a single transaction like this is more than likely not concerned by a drop in PPS like today. They see the potential and want in now. You realy shouldn't concern yourself with other folks' finances. As a matter of fact, no one really cares about how much you (or any of us) have invested and/or feel you have lost.
Burkhart is right in that we should all be estatic about the news concerning the future milling business. There is a lot of work to do on the mill. It's not going to be done over night. Until it is, relax!
If you can't stand the heat you should know by now what to do!!
Did you find that truckload of money? Looks like someone picked up 19,200,000 shares 3 minutes after the close!! Best volume day ever for CGFIA!
Please explain board marks. Thanks!
Ficose, Burkhard et al...
I've been watching CGFIA "trades" on Investorshub for a long time. Ironically it was exactly 2 years ago today (4/15/08) that I bought my first shares of CGFIA @ $.39. Have continued buying all the way down to where we are today. Haven't sold a share.
Any thoughts on this... My buy order today was for 125K shares. (Gearing up for the big move that's coming soon!!) The way it unfolded per Fidelity was a partial buy for 5K followed by the remaining 120K all at once. I'm convinced that trade #3 is the first 5K since the execute times match exactly between Fidelity and Inversorshub. The remaining 120K appear to be blended in with trade #4 which shows a trade of 125K shares. The execute time on Investorshub for the 125K share trade matches the time Fidelity reported for my 120K buy. And then it couldn't be determined if the trades were Buys or Sells. What's up with that?
Guess what I am trying to say is that I don't trust any of the data beyond the total share count. Buys are Sells. Sells are Buys. Sometimes the Ask and Bid prices don't compare with other sources. I don't think Investorshub is responsible for this in any way. Bet they are just repackaging data they receive. But for any of us to use this data to make decisions is a no-no IMO. At least not at the prices we are currently seeing. Maybe after we get up there a ways there will be more stability in the data.
BTW, I'm not the guy raking in a whopping $1.15 on a 650 share trade, but it was posted as a sell and the price was $.0001 higher that the prior day's close. Does that make sense?
All I know is that we have all waited a long time for good things to happen and we are just about there! When we all finally make a little money we should spend some of it to get together in Silverton and take Rice and Guyer out for a big steak dinner! Or even better, they should take us out!
GLTA
If you are looking at IHUB's tally to get your figures we have to find somewhere else to look! They constantly show "buys" as "sells". Very misleading! Any ideas where we can look without having to pay for the info?
How do you explain this one? Put in a buy order for 25000 shares @ $.003 (which was the Ask). Was filled at $.0028 and then showed up on the IHUB Trades screen as a Sell order. This is totally misleading in regard to the Buy/Sell share count. What a total misrepresentation! Has anyone seen this happen before?
One of the posters provided email addresses for the management team in the past. Rather than having to go through all of the messages, could we get those email addresses provided again?
It would be great to see everyone who is a regular on this board (and those that aren't as well) send emails directly to CGFI Management asking for an immediate update. They have to know we are concerned investors and I bet that with enough effort we can get the info we are looking for. You have to believe that this is still a great opportunity!
To all the naysayers on the board... we all know this has been a rocky road. Quit complaining. You knew it was risky when you got in. Anyone who bails at this point is only putting more pressure on a hopefully sucessful outcome down the road. Suck it up and send your concerns to Guyer and Rice.
Anyone still out there? If so, any idea what's going on with AFSE? Things are moving in the right direction all at once.
Richard
No news that hasn't been covered. Same frustrations as everyone else: PR's not as often and meaty as desired, lousy IR organization, short selling that hurts most of us. On the good side: still optomistic about the future! Live in Northern Colorado, but far enough away from Silverton to need more than a weekend to make a trip there profitable. I just want these guys to be successful, which will make me, and apparently many others, successful!
Richard
New to the board! Glad I found you! Anxious to get involved in the conversation. Shareholder since April '08.