Just trying to make a buck or two!
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I think the dog passed out! Does that answer the question? Oh by the way the EPA is in the area, deny everything!
Ok, I know I'm safe holding now! The brain trust says sell!
Is that garlic I smell in the soup?
I think the fleas are Robo's! I hear he is training them for a circus!
What do you say Robo, Bundyelvis says it's time to sell? Do you concur?
Come to Vegas, lots to do here! And the drinks are "free"!
Enjoy it while ya can! Two weeks flies by way too quickly!
Robo, what's the soup of the day? Oh, and while you are at it, should I sell?
You have the plan, set an ambush and sneak up on them!
Hope your new job is going well.
Good to hear from you.
CGFIA
There is a fire sale going on Kilo!
Half off all shares, priced to sell!
TruBud1, I think almost all of us have broke one or two of the rules of investing. We are emotionally involved. It's difficult not to be, particularly when you do the research and decide to "adopt" this orphan company! I don't think you said anything that we all haven't felt over the last few days.
At least no fist fights broke out, so, no harm, no fowl. (Or should I say offsetting penalties all around.)
I know that it is a difficult thing to face what you are going thru, personally, and wish you all the luck in the world. I have been in your situation, out of work for extended times, bills piling up and no end in sight. And all you want to do is work and provide for those around you. IT SUCKS!
I wish I could offer you more than my words of encouragement.
I pray for your good fortune, and most of all your good health. Do not let this beat you. The stress can do bad stuff to you. (voice of experience here)
Take care friend, and have faith in yourself. We need your voice in the chorus of the good guys. (I include everyone in that group)
Good luck to us all!
Hey, save a little bit for celebrating mill reinstatement!
I'll check your numbers. Thanks for the update!
CGFIA!
TY, Mayhem, and please don't think I was trying to attack of speak down to you at all. I know you to be a smart guy. You speak your mind.
My intention was just to help us all understand that this is a complex situation. Sometimes we don't see or understand why crap happens as it does.
We all have a few questions regarding present circumstances. I think most of us are working to answer those questions. The answers aren't always easy to find.
Thanks for your input. Keep it up!
CGFIA!
I can't disagree with you Lt.! Mr Guyer was not diplomatically correct in his dealings with Wally.
Emotions were, and still are, very high when it comes to the past interactions with each other. (just look at the frustration expressed on this board for an example of how emotions creep into the conversations.)
All I'm saying is that Wally has his job to do and it is a thankless one, at least from the CGFIA side of the fence. From that viewpoint, he seems like a pain. But he has his charter, that being, partially at least, the protection of the environment as mining effects it.
I think you and I are finding different aspects to the same situation. The DRMS has not been easy to deal with. The environmental situation is a big factor in the relationship.
Does Wally have good reason to be pissed at CGFI, certainly! Did Mr Guyer approach this situation and Wally diplomatically? Not in the least. They probably both felt justified in their approach.
The important point is that they have found a way to deal with each other. It may be rocky, but progress has been made. Now, there is so little left to do to satisfy the DRMS, mill approval seems a virtual certainty.
Just my observations, Lt. I am not passing judgement on anyone.
GLTY
Huntewr7, That is a very good question. I haven't considered expansion. I guess I look at the present situation and think "lets get what we have operating first".
However, this is a case of many "Ifs".
If the DRMS is content with the dry stack method and are resonantly certain it is a sound method for dealing with the tailings, then I see no reason why the mill can't be expanded. Remember, dry stacking, although done in other parts of the world, is a new concept for Colorado. CGFIA will have a lot to prove, with this method, "politically".
Pride of the west mill is a relative high capacity mill. If CGFIA hits that capacity, even in a "toll" capacity, then profitability is relatively certain.
I understand your curiosity in expansion. I can't tell for certain if it is would be allowable.
I am increasing my investment in CGFIA as we post. I believe that present prices are an opportunity I can't pass up.
This is all just my humble opinion, buy I still believe in the soundness of the company, from a process viewpoint.
GLTYA, and invest wisely. We may not get this opportunity again.
Travel safe, AK, I'll keep a grog ready for your return!
Thanks for the kind words of encouragement! We are all in this together! That's what the flotilla is for, support in this battle to win!
Stay hydrated my friend, and if you can't do that, GET LOADED!
Mayhem1, I don't think you fully grasp the situation in Colorado. The DRMS is a real pain in the... well, name a body part, and you would be right. We all know it. They do want this mill in operation. What I think you and others fail to realize is that the mining industry has screwed up the environment (including the Silverton Area) for decades. Large and small mining companies have come in, taken their profits and raped the land. At one point sections of the rivers were void of wildlife from the mess that they left behind. (I'm running off memory right now and I'm not near my records, so I may have a few of the details screwed up. Please forgive me if I do, but I can give you some sources later)
In the not so distant past there was an environmental disaster with a mine / mill in or along the Anamas River. A settling pond discharged it's contents into the river and really screwed it up. It took millions of dollars and years to mitigate the damage. The damage is still being worked on.
Colorado faced an embarrassing situation, along with the environmental situation. Evidently some people didn't do everything they should have done to hold the culprits accountable. That is when the mining department became more involved in the environmental portion of mining (DRMS = Dept of Reclamation and Mining Safety, for those of you who don't know what those letters stand for).
The DRMS has been tasked with the job of making sure that this sort of disaster never happens again. That is why our friend Wally is such a pain in the a$$. The DRMS will make sure that everything is done to specifications. Without meeting these stricter specs, the mill will not open. Some of these specifications are new rules.
This is a situation where the sins of the past are haunting the mining industry, and, although there is a new generation of miners, they are victims of those sins. They will be closely regulated and the new regulations will be enforced.
Finding a equitable solution to satisfy the DRMS and CGFIA has not been easy. I can assure you that this mill can't be reopened thru back room deals or outside pressure as may have been the case in the old days.
I understand your frustration. It seems like this should be done already. But looking at the POW mill's value AFTER approval you will see that it increases exponentially BECAUSE of the rules.
Just look at the difficulty any other mill will have to navigate to get as far as CGFIA has. It will take decades, not to mention the cost. CGFIA is in the last phases of the final steps to gaining the DRMS's stamp of approval.
This is one industry that will never see a "speedball" process take place for mill approval. At least not for quite some time. Colorado is looking for a way to have it's outdoor tourism co-exist with the mines and mills. This is virgin territory, as far as the implementation of the rules and regs.
The mill will be approved, IMO, because there are many eyes looking at this as a pilot program to make industry and the environment work together. But there also are quite a few people's necks on the line if something were to go wrong.
I hope this helps explain the situation a bit better.
Thanks for reading my ramblings, but I don't think this is a simple situation that can be explained, or understood in one or two sentences.
As always, opposing cogent opinions are always welcomed!
That's class, Robo! How many cans per month do you need to cover the rent?
Got to see if it fits my budget!
PCFG!
I'm on the same time zone, just not quite on the coast. I'll host the investor's meeting in Vegas. I'm in the next town over!
Hang in there SG, we will be the winners real soon!
PCFG
Robo probably has a double wide all picked out for himself! We could look for one nearby. That way he could show us the correct way to "turn junk into profit"
Better sell... aluminum cans!
PCFG!
Idle hands..... Or so they say! LOL
I know it's going to be good. I can feel it in my bones!
I need to fill my pockets!
PCFG, my retirement plan, or at least a nice vacation!
But your wife would be real happy!
I'll bet she would even come visit you every once in a while!
I'm going to try and "grab" a few more shares, also. I'll need to wait till tomorrow pm for $ to clear.
Go get 'em Hink!
CGFIA
Well, I was thinking you would sell maybe 30 shares! This time next month, it should be enough!
Good things are almost here.
PCFG
That's the right stuff kimbob11, it's a lottery ticket, with better odds!
TADF!
No 2's go fish!
How about .02's?
Don't let the turkeys get you down. We all know what the potential is here. I'm a betting man, and I'm betting on the hand in front of me!
CGFIA, upward!
There is your problem, Hinky, Vista!
You have to upgrade, your only 3 operating systems behind the latest POS by M/S!
Make some money here on PCFG, and buy a new PC!
Well, Pony1, it's time TADF changed your luck for you! Let's do this the right way this time, wadda ya say?
Long & RICH!
Well, I know he is "fashion forward" but I'm not sure if he goes that far!
Don't show Robo that "Freudian Slip", he will make curtains out of it for the dumpster!
PCFG, going back through .08 to .88!(I can hope, can't I?)
Hope your "nose for news" is correct, and just not somebody burning their shares! IMHO, that would be dumb move #1 for today!
Recycling them is better fir the environment.
GLTA, TADF long and profitable, I hope.
Congratulations BB! I'm sure you will do a great job! Do you want to borrow my bullwhip to keep the crowd in line? I always have an extra to lend to a good cause!
TDAF long!
Dilligaf777, Thank you for being there for us all. Sorry you aren't here to share in all this "excitement", but the better things are coming soon. (Be here for that!)
I'll add to your total in with the other 1.1 billion CGFIA shares we have in our Flotilla, and I'll try and keep the rest of the crew from raiding your share of the GROG! (it might be a tough job, they are getting a bit surly lately!)
GLTY
TY, ZULU, but you are making me blush!
I'll gladly add your catch to the total!
(Got any crawfish?)
Hang in there, things will pick up!
CGFIA
No problem Poogs. We are all frustrated and need to work together. I don't expect everyone to drink the Kool Aid, but the grog is tasty!
I saw that there was a posting this weekend that referenced an article from "stockgurumining.com". It is mostly info we have already, but it did state one thing I found of interest.
Here is the link if you want to see the article.
http://stockgurumining.com/about/cgfia/
It states that the "Pride of the West" mill, at the time of acquisition was over $12 million. Now, I can understand a little discount from that price, but a market cap of $3.12 million is way undervaluing CGFIA.
Even if you sell off the equipment at used prices, the value is far above the marker capitalization.
Just trying to put things in perspective, and just my humble opinion.
GLTA CGFIA!
Guilty as charged, I'll take the grog hit!
Much preferred to the lash!
LOL!
Sorry, BBC, that was intended to go to Poogs. Posting from my phone, sometimes it (& I ) screw up!
TY for the vote of confidence!
GLTY!
CGFIA
And what do you want the "mods" to do? We don't make or control the news. Our job (volunteers all, so not really a job) is to try and keep order on the board, keep posts on topic (CGFIA) and try to keep it from degenerating into chaos or a public "free for all" battleground.
We answer questions, and try to let all sides peacefully state their views.
Sorry to disappoint you Poogs99, but we can't post news that we don't have. Maybe you know something I don't?
GLTA!
CGFIA
Phred, I noticed your last post to Robo ended in \W/_
That has me a bit worried. Is that Robo's hand or yours?
Whoever it belongs to, it has mutated.... I count 6 fingers!
Not I know that some guys think Robo is a "Cyrano Jones", but I didn't think it was really true!
Maybe what is said about getting too close to those warm discharge waters from Homer Simpson's nuclear power plant has a bit of truth to it? (sorry for mixing my TV references)
\V/_ LLAP!
ROFLMAO!
Way too funny, VM!
Just one thing I'm not sure of.... is Robo the squirrel, or the nut?
(all in good fun, Robo, but you are starting to scare me. You are way too logical lately! I find I'm agreeing with you too much the last few days! Except maybe for the sell part? )
I'll be looking for the run up, or the end of the world, I'm not sure which.
Good Luck all PCFG's!
Mtns,
I got your add on. I'll stack it on top of the pile!
Looking for CGFIA news, too!
Good luck to everyone!
Best thing an Armada can hope for, a loyal crew!
Must be the CGFIA grog!
GLTA!
Rkymnt4,
Borscht, one of my personal favorites! Gotta have a dollop of sour cream in it, too! (and maybe some boiled potatoes) A good half polish boy like me grew up on it. The other half is Scots Irish, so you and I have some common ancestry, too) Funny thing, my Czech/Hungarian wife won't touch it. She hates beets. (because they are purple! Silly girl)
We can show off our "fusion recipes" sometime soon. We can set up camp in Silverton next year. King Zulu is already bringing the crawfish et tu fe and boudin!
Let's get this party started. We need a good reason to celebrate, so pray for mill start up!
CGFIA & Silverton, look out next year! They will talk about the crazy group of investors that invaded town for decades to come!
Hey Dale, buy that hotel! We need a place to hang out, cook, tell stories and of course down a few spirits!
(I need to find a snack, I made myself hungry thinking about all the good food!)