Good interview on the importance of the mill. Took place in June.

http://www.cologold.com/uploads/2010-06-03_Big_Biz_Show.wmv

A green close would be huge.

you got that right! purchase orders will start coming in. PLEASE keep in mind, this is the only mill in a 100 mile radius. They will HAVE to come to us to get their ore processed. $$$$$$$$$

"Assuming approximately $750,000 in new funding to re-activate the mill, toll milling will generate $6 million in gross revenue over the next 24 months. During that time, exploration and development of the Company's own mines will continue, and subject to additional development capital, the Company will begin milling its own ore in June 2011. At that point the Company is full speed ahead toward a five year projected $125 million cumulative net cash flow. The mill becomes the cash flow engine that feeds additional mine acquisitions expanding our 'enterprise value' model over time," stated Guyer.

Try this one:

http://www.marketwire.com/press-release/Colorado-Goldfields-Pride-of-the-West-Mill-Permit-Application-Complete-1130130.htm

That could be hyuuuuuge! thanks luxurynails!

Easy now, lots got shellshocked the last couple days and want to make sure its safe to go back in the water.

The Company received an endorsement from Colorado State Senator Bruce Whitehead who in a meeting with Company management stated, "Colorado Goldfields is positioned to become an economic driver in our community with the real near term possibility of generating over 150 new jobs in the Silverton mining district alone."

http://money.cnn.com/news/newsfeeds/articles/marketwire/0595420.htm

lol, its only 7:22 out there, it starts at 9 am

"At the core of the reactivation efforts is the submission of what is known as Regular (112d) Designated Mining Operation Reclamation Permit. In total, the Company has submitted over 1,000 pages of documents, including engineering studies, mapping, seismic analysis, water analysis, air quality, mining plans, wildlife protection plans, and environmental protection facilities. Over the past 12 months, this has been the major project for the Company involving well over 15 people, 5 engineering firms, and a mining law firm. The project began in October, 2009, and requires the highest level of professional services available to the Company," said Stephen Guyer, CFO for Colorado Goldfields.

In the third and fourth quarter of 2010, two outside funding sources have become involved with the Company. A Delaware Partnership and a group of New York Private Investors have provided funding to us in the form of convertible debt. See Item 8. Notes to the Financial Statements for additional details.

and this..

In June 2007, we acquired the Pride of the West Mill (the “Mill”) located in Howardsville, Colorado for consideration of $900,677 plus the assumption of an estimated asset retirement obligation of $500,000 for a total cost of $1,400,677. We paid the seller cash of $250,677 and the remaining $650,000 was financed by the seller. The seller’s loan is secured by the property bearing interest at 12% per year, with all unpaid principal and interest due December 29, 2010.


Found this notation in the recent 10k filing
http://sec.gov/Archives/edgar/data/1344394/000095012310107458/c08801e10vk.htm

Evening Ficose,

Another wild day, with some twists and turns. Tomorrow is our 'big day' in Denver!

no, but we are 2b higher since October.

I called and confirmed it as well. The TA's # is listed in the ibox. It's now 3.4B.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57811834

Hope they use some of it to drill on their Colorado properties. Silver is especially bullish in 2011.

Has the 3rd Q conference call been scheduled yet? Kinda curious why Eric is waiting this long. I think 2nd Q cc was in August.

lmao...that's an optimistic viewpoint. hope you are correct.

You are fast becoming a POS (Poster of Substance). I'm not sure about CVS selling online. I think you need a physician's referral to get one in the US.

That's 2b added in the last few months. What are they doing with the 2 million bucks?

Yeah, we got with a torpedo today. Hope they have some news to counteract the new shares.

both, open to the public and available to listen online.

Just called the transfer agent.

Per the TA the Os has increased another billion. It's 3.4B, that could explain a lot.

OR...the CEO, who is overseas, is acquiring new leases to mine.

Yes, I'm very optimistic for an approval or conditional approval.

My guess is dilution, some type of financing the company did in the past few months. There was an s8 filed a couple months back and the Os was raised. Hopefully they are done soon and this can move back up.

lol, The mm's are run by logarithm. Jenna, my friend, you have personified a computa'.

you can listen to the hearing online.

2m buy at ask

We have traded the entire float the last 6 weeks. Close to 2B shares traded since Nov.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55925583

(video) Inside the Pride of the West Mill

(video) The Pride of the West Mill - 3D Animation

CGFIA Chart~ 10/20 Bullish Crossover

NICE !!

Very nice use of bold, william

Market cap of $6m means we are undervalued at this point.

Very cool, thank you.

CGFIA Risk/Reward Scenario

Correct, so you can buy today a company for $6m, that owns an asset that could be worth $7m tomorrow, plus millions in potential revenue to process ore in 2011.

$6M market cap with a $7m mill, something doesn't add up here!!

Good luck in your future trading.

it could be the calm before the storm