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Thanks, always am, just put new batteries in the avalanche beacon, ready to go!
I am flying into Denver on the 17th, heading south to Wolf Creek for some backcounty shredding on the 18th and 19th. 20th-22nd I will be in Silverton to visit our dilapidated shanty in the Minnehaha basin to do some big mountain backcountry shredding. I will pass the mill on my way up and report back to the board on what I find. I should be back with results around the 24th or 25th. Good luck all.
Cha-Ching
PHILADELPHIA, PA, Jan 04, 2012 (MARKETWIRE via COMTEX) -- Early production stage hydrogen generation company AlumiFuel Power, Inc. ("API"), the Philadelphia, Pennsylvania-based wholly owned operating subsidiary of AlumiFuel Power Corporation AFPW 0.00% (the "Company"), today announced several important developments involving its operations heading into the new year.
In November 2011 API moved out of the University City Science Center, and is now in the process of relocating into a larger laboratory facility in an industrial park in the Philadelphia suburbs, which will enable API to expand into light production. This relocation also will have a positive impact on API's bottom line since monthly rental and operating expenses will be significantly reduced.
API also has exciting developments involving several different technology applications. In the portable power arena, API has an emerging relationship with one of the world's largest manufacturers of PEM fuel cells. The advanced engineering solutions group of this company initiated contact with API -- seeking a new hydrogen generation technology that can be paired with their fuel cell systems to open up new man-portable and back-up power applications and markets. In a related vein, API is in discussions with a major University regarding a partnership to commercialize their unique hydrogen storage Intellectual Property, which is highly synergistic with API's hydrogen generation technology. This new initiative would provide an entry into new fuel cell markets for vehicular, back-up and auxiliary power applications. Further public announcements will be forthcoming as these relationships evolve.
In the Portable Balloon Inflation System (PBIS) area, API's contract with the U.S. Air Force Special Operations Command to develop and deliver a new PBIS-2000 system has generated considerable market interest. The meteorological systems group of the largest U.S. defense contractor has stated that the API unit is ideal for mobile and remote lift gas operations as compared to other field hydrogen generation systems. They have expressed interest in a potential mentor/protege relationship, which would include the identification of new customers. API will be interacting with the Air Force Special Operations customer and this defense contractor at the 92nd annual American Meteorological Society meeting in New Orleans in late January, 2012.
In addition, API's military customer for the PBIS-1000 system, initially delivered in 2010, has advised that no other lift gas solution can come close to the PBIS-1000 in satisfying their requirements, and that they are still very interested in moving forward with the procurement process.
API's President & CEO, Mr. David Cade, said, "As we enter 2012, we are looking forward to pursuing the many new exciting opportunities highlighted above. Despite the global economic downturn, we remain optimistic about commercializing our unique technology, and are encountering an increasing number of addressable applications and markets."
Won't happen, two military contracts here. This went from a energy stock to a defense stock.
Very good observation
I would think that a share buy back will be eminent and soon simply because it would give Guyer a better chance at raising money for operating costs which is probably a necessary evil.
A lot of things need to happen before we get to a pps that high. Share reduction being the most important IMO
Well, the PR said that the goal is 18 months to become profitable so realistically 2 years until major things happen IMO, but I expect news every quarter or so of smaller developments leading towards a big buyout or a big payday. I'll even go as far to say that mms will play with this every few months leading up the big payday but just wait it out be a true long. Things are happening here in a realistic pace, just be patient and good things will come IMO.
If we get the expected 200million out of that mine, it will put our pps at .03, which will make me very wealthy
LAKEWOOD, CO -- (Marketwire) -- 12/20/11 -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced today that the Colorado Division of Reclamation Mining and Safety ("Division"), has approved its application to begin work at the Silver Wing Mine. The formal name of the application is "Notice of Intent to Conduct Prospecting Activities." The application was approved on November 18, 2011 and is the third consecutive approval of a permit received by the Company from the Division.
Activities to be completed under this initial approval of work at the Silver Wing Mine will include re-sampling key areas of the mine by taking approximately 250 channel samples to verify records of sample data taken by prior operators and consultants. In preparation for drilling, work will also include the verification of underground mine maps, evaluation of prior underground development work and the condition of existing workings. This information will be utilized to develop an on-going core drilling program and an initial mining plan.
The approval of this project is particularly significant because it allows for an investigation to be made to determine the source of the existing mine drainage of approximately 20 gallons per minute and evaluate the potential for controlling or eliminating this discharge with an underground grouting program which could avoid the need for a discharge permit. If it is determined that the discharge cannot be eliminated, then an evaluation will be made of what actions can be taken to minimize the discharge, and assuming a permit is required, what permit conditions would be most effective and appropriate for preventing discharges of pollutants into the Animas River.
"Colorado Goldfields is working to find the best way to address a very long-term, pre-existing problem. The approval by the Division of this work, I believe shows confidence in our expertise and reinforces in real terms the Company's commitment to proper and careful mining in the area," stated Stephen Guyer, CFO for Colorado Goldfields.
The Silver Wing Mine consists of 10 patented mining claims across 70 acres in San Juan County, in southwestern Colorado known as the Silver Wing Mine.
"A thorough study of geological structures, past production, core drilling and extensive underground sampling records indicates that the total resource of the Silver Wing Mine could exceed $200 million with approximately 80% of the resource value composed of silver and copper minerals," stated Lee Rice, President & CEO for Colorado Goldfields.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
What does this have to do with righ? Nothing at all.
BCRAP should be the ticker for this scam.
Multiple choice question.
Best case scenario would be...
A. Results from assays are positive.
B. CGFIA is reducing o/s.
C. Cease and Desist lifted.
D. CGFIA share buy back.
F. Hecla buyout.
E. All of the above.
Answer: There is no wrong answer.
I'm a bears fan too, I'm getting pretty sick of Lovie Smith, I think Bill Cowher needs to be hired and restore our defense. We had some bad luck with injuries but Lovie still doesn't bring any spark to the team.
Hey 567, just curious how you know that there will be news soon. Thanks
I'm sure it's prob BCAP then, etrade directs me to that other company
BCAP is Blackrock Agressive Production
It also looks as if the Tofs msg board on ihub is closed, I can't access it from my iPhone
So did I lose all of my shares or something? I'm confused as to why etirade... I mean etrade would say null next to Tofs, any answers?
Not sure, I searched BCAP and that other company popped up
BCAP ticker is already taken by Blackrock
Now it's saying that TOFS is null, what does that mean?
Why does my etrade now say that TOFS ticker cannot be found and that all of my shares are gone?
Sorry everyone, back to talking CGFIA!
Alex Jones is CIA operative giving even more mis-information. You're the one that is asleep. The man has an iPhone app for gods sake. William Cooper is who you should be listening to. And just so you know, the murals in the DIA airport were taken down over 3 years ago. One still remains as well as the guidestone facing south west.
Hello everyone, what's new?
Great post
This being intentionally brought down before it will spike up, buy them now because soon this will be at a penny, then a dime, then a buck. These games happen all the time, don't be worried, just average down because this company is SOLID
The thing that really impresses me about the system they have built is that not only can it fill balloons, but it can also generate enough energy to power laptops which makes me think about running up to five portable systems all in conjunction to power mobile command stations for troops on the ground. This could be a way to have energy to run operations without needing to run gasoline powered generators, saving money and also being more efficient in terms of not having to haul gasoline around. Just a thought.
Good eye! I didn't notice that
Yes I agree, most people here think that this news is irrelevant or old but it actually shows progress and just because they don't pr everyday doesn't mean they aren't operating. Glta!
So with these three companies combined, now when you go to the bank you can get your teeth cleaned and smoke weed all in one trip. Sounds legit.
I'm baffled that this isn't worth atleast .01
Wow, great video!
Everything in his post is irrelevant simple because the whole Tofs/righ mergers and yada yada are all a scam.
Why would anyone want to buy this?