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BID support growing and ASK Thinning. We could see 9's for close guys lets make it happen. Every little bit counts!
What's the current float?
CGFIA Today should be a great day :) Hoping for permit news here soon!
CGFIA Don't miss the boat today!
ADX Curling up past 25 line look for breakout possibly Monday :)
Permit news will send this baby over the top!
Share buyback would probably happen once everything is final!
Look for 8 bid support to grow here =D
Say bye bye to 8's =D
NITE moves to 0.0013 :o shes gonna blow folks!
Why doesn't VFIN show shares for sale on ask? he did this yesterday all day as well...
8's falling quick!
I hope MMs let this baby run today! Nice Doji on chart with huge volume, I think its time we tested new ground here :)
CGFIA Time to load the boat folks
GOIG Looking to possibly breakout!
Good Morning all. Looking forward to another great day here today :) Anyone heard of this company buying back shares?
Do you guys think the company will do a share buy back with all this great news :P
CGFIA - HUGE HUGE NEWS OUT!! READ:
Bloomberg-Colorado Goldfields Inc. Acquires Silver Wing Mine With $200
Colorado Goldfields Inc. Acquires Silver Wing Mine With $200 Million Estimated Total Resource
Gold Stocks
LAKEWOOD, CO -- (Marketwire) -- 05/18/11 -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announces that on May 16, 2011 the Company has entered into a Purchase Agreement to acquire the Silver Wing Mine. The properties consist 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.
The mine's poly-metallic ore contains r ecoverable metal values in gold, silver, lead, copper and zinc. Colorado Goldfields will develop a mining and milling operation and produce approximately 14,500 tons annually of gold, silver, copper, lead and zinc concentrates. After 1-year of ramp up work, production could reach 180 tons per day with full production of 360 tons per day achieved after two years.
The initial ore discovery and location for the first Silver Wing Mine was made in 1874 on the Silver Wing claim itself. All ore production from early operations (1874 through 1909) was based on silver values. The early ore was so rich that it was direct-shipped to smelters on pack mules over mountain passes in excess of 12,500 ft. high.
In 1904 a railroad siding was built to the mine and lower grade ore was direct shipped to a smelter in Silverton. The mine was shut down in 1909 due to litigation. The last production from the Silver Wing Mine was between 1962 and 1965 when the ore was milled at the Pride of the West mill. Production ceased due to a prolonged smelter strike in 1965. Prior to 1900, a gold mine was considered viable only if the ore ran 1.0 ounce of gold or gold equivalent in silver, or better; recovery methods today are far more efficient.
Colorado Goldfields will acquire the properties in exchange for 2-year restricted Class A Common Stock valued at $1.5 million, a 5% Net Smelter Royalty, and cash payments over time totaling $300,000.
"The acquisition of the Silver Wing Mine accomplishes two very significant things for Colorado Goldfields -- expands and diversifies the Company's portfolio of metals (especially into silver and copper), to swiftly capitalize on changing metals prices, and guarantees an immediate source of continuing feed stock for the Pride of the West Mill," stated Stephen Guyer, CFO for Colorado Goldfields.
Thanks for the reply much love indeed. Seems CGFIA is def legit and making strides to progress which is a nice thing to see in pinky land!
Amazing News we got today this is HUGE!!!!
CGFIA (MEGA) NEWS OUT
Press Release Source: Colorado Goldfields Inc. On Wednesday May 18, 2011, 8:00 am
LAKEWOOD, CO--(Marketwire - 05/18/11) - Colorado Goldfields Inc. (OTCQB: CGFIA) (Pinksheets:CGFIA - News) announces that on May 16, 2011 the Company has entered into a Purchase Agreement to acquire the Silver Wing Mine. The properties consist 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.
The mine's poly-metallic ore contains recoverable metal values in gold, silver, lead, copper and zinc. Colorado Goldfields will develop a mining and milling operation and produce approximately 14,500 tons annually of gold, silver, copper, lead and zinc concentrates. After 1-year of ramp up work, production could reach 180 tons per day with full production of 360 tons per day achieved after two years.
The initial ore discovery and location for the first Silver Wing Mine was made in 1874 on the Silver Wing claim itself. All ore production from early operations (1874 through 1909) was based on silver values. The early ore was so rich that it was direct-shipped to smelters on pack mules over mountain passes in excess of 12,500 ft. high.
In 1904 a railroad siding was built to the mine and lower grade ore was direct shipped to a smelter in Silverton. The mine was shut down in 1909 due to litigation. The last production from the Silver Wing Mine was between 1962 and 1965 when the ore was milled at the Pride of the West mill. Production ceased due to a prolonged smelter strike in 1965. Prior to 1900, a gold mine was considered viable only if the ore ran 1.0 ounce of gold or gold equivalent in silver, or better; recovery methods today are far more efficient.
Colorado Goldfields will acquire the properties in exchange for 2-year restricted Class A Common Stock valued at $1.5 million, a 5% Net Smelter Royalty, and cash payments over time totaling $300,000.
"The acquisition of the Silver Wing Mine accomplishes two very significant things for Colorado Goldfields -- expands and diversifies the Company's portfolio of metals (especially into silver and copper), to swiftly capitalize on changing metals prices, and guarantees an immediate source of continuing feed stock for the Pride of the West Mill," stated Stephen Guyer, CFO for Colorado Goldfields.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA) (Pinksheets:CGFIA - News) (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.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
CGFIA HUGE GOLD/SILVER NEWS OUT
Press Release Source: Colorado Goldfields Inc. On Wednesday May 18, 2011, 8:00 am
LAKEWOOD, CO--(Marketwire - 05/18/11) - Colorado Goldfields Inc. (OTCQB: CGFIA) (Pinksheets:CGFIA - News) announces that on May 16, 2011 the Company has entered into a Purchase Agreement to acquire the Silver Wing Mine. The properties consist 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.
The mine's poly-metallic ore contains recoverable metal values in gold, silver, lead, copper and zinc. Colorado Goldfields will develop a mining and milling operation and produce approximately 14,500 tons annually of gold, silver, copper, lead and zinc concentrates. After 1-year of ramp up work, production could reach 180 tons per day with full production of 360 tons per day achieved after two years.
The initial ore discovery and location for the first Silver Wing Mine was made in 1874 on the Silver Wing claim itself. All ore production from early operations (1874 through 1909) was based on silver values. The early ore was so rich that it was direct-shipped to smelters on pack mules over mountain passes in excess of 12,500 ft. high.
In 1904 a railroad siding was built to the mine and lower grade ore was direct shipped to a smelter in Silverton. The mine was shut down in 1909 due to litigation. The last production from the Silver Wing Mine was between 1962 and 1965 when the ore was milled at the Pride of the West mill. Production ceased due to a prolonged smelter strike in 1965. Prior to 1900, a gold mine was considered viable only if the ore ran 1.0 ounce of gold or gold equivalent in silver, or better; recovery methods today are far more efficient.
Colorado Goldfields will acquire the properties in exchange for 2-year restricted Class A Common Stock valued at $1.5 million, a 5% Net Smelter Royalty, and cash payments over time totaling $300,000.
"The acquisition of the Silver Wing Mine accomplishes two very significant things for Colorado Goldfields -- expands and diversifies the Company's portfolio of metals (especially into silver and copper), to swiftly capitalize on changing metals prices, and guarantees an immediate source of continuing feed stock for the Pride of the West Mill," stated Stephen Guyer, CFO for Colorado Goldfields.
Gold stock
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA) (Pinksheets:CGFIA - News) (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.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
CGFIA HUGE GOLD/SILVER NEWS OUT
Press Release Source: Colorado Goldfields Inc. On Wednesday May 18, 2011, 8:00 am
LAKEWOOD, CO--(Marketwire - 05/18/11) - Colorado Goldfields Inc. (OTCQB: CGFIA) (Pinksheets:CGFIA - News) announces that on May 16, 2011 the Company has entered into a Purchase Agreement to acquire the Silver Wing Mine. The properties consist 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.
The mine's poly-metallic ore contains recoverable metal values in gold, silver, lead, copper and zinc. Colorado Goldfields will develop a mining and milling operation and produce approximately 14,500 tons annually of gold, silver, copper, lead and zinc concentrates. After 1-year of ramp up work, production could reach 180 tons per day with full production of 360 tons per day achieved after two years.
The initial ore discovery and location for the first Silver Wing Mine was made in 1874 on the Silver Wing claim itself. All ore production from early operations (1874 through 1909) was based on silver values. The early ore was so rich that it was direct-shipped to smelters on pack mules over mountain passes in excess of 12,500 ft. high.
In 1904 a railroad siding was built to the mine and lower grade ore was direct shipped to a smelter in Silverton. The mine was shut down in 1909 due to litigation. The last production from the Silver Wing Mine was between 1962 and 1965 when the ore was milled at the Pride of the West mill. Production ceased due to a prolonged smelter strike in 1965. Prior to 1900, a gold mine was considered viable only if the ore ran 1.0 ounce of gold or gold equivalent in silver, or better; recovery methods today are far more efficient.
Colorado Goldfields will acquire the properties in exchange for 2-year restricted Class A Common Stock valued at $1.5 million, a 5% Net Smelter Royalty, and cash payments over time totaling $300,000.
"The acquisition of the Silver Wing Mine accomplishes two very significant things for Colorado Goldfields -- expands and diversifies the Company's portfolio of metals (especially into silver and copper), to swiftly capitalize on changing metals prices, and guarantees an immediate source of continuing feed stock for the Pride of the West Mill," stated Stephen Guyer, CFO for Colorado Goldfields.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA) (Pinksheets:CGFIA - News) (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.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Question guys, I'm new here with a small holding of CGFIA in at 0.001. I see this payment thing of 49k being made monthly, can someone explain to me what this is for? I see a lot of talk about it and have read the docs showing payment but not sure what the payment is for!
GOIG - CGFIA Keep on radar
Awesome stuff here :) CGFIA making head way slowly but surly
Check out this chart. Just noticed on the 3 year chart the ADX is squeezing tight and about to bust. Look what happened to the PPS the last two times this pinch took place. Also take note of the TRIX getting ready to cross the center line once again! the 3 yr chart isnt the only chart that says breakout either, pretty much any chart u study its rdy for a move up anytime!
Agree. this may not be your low float 1 day flipper stock but it certainly is a stock that one should consider because when some things get done and finalized it will go and it will go hard!!!
Whats coming is a nice rise in the pps as this baby breaks out :) GO CGFIA!!
Way to much selling going on for my taste, It could rebound but will need a PR or some newsletters to get the word around again imo... I hope all who are in still make money and of course if the selling stops and this thing gets some buying volume i would consider a re-entry!
Hate to say it but DTRO is dead. I sold today and got out. Could have been so nice but hey theres always others!
10's will be up in an hour or less.
Trix + MACD about to cross 0 line. this is the turning point for CGFIA folks. Add in the recent DD and PR's and we got ourselves a winner here dont miss the boat it's go time!
Chart+DD for this stock is insane i suspect .0030 soon :)) Glad i found this stock when i did!!
Post CGFIA on big boards this needs more exposure for volume! Everyone get the word out and do your part!
CGFIA BREAKING OUT .001 Check chart and L2
CGFIA BREAKING OUT .001 Check chart and L2 BEAST
CGFIA BREAKING OUT .001 Check chart and L2
CGFIA BREAKING OUT .001 Check chart and L2