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Re: Grahamber post# 8874

Tuesday, 12/14/2010 1:11:24 PM

Tuesday, December 14, 2010 1:11:24 PM

Post# of 67010
Additional info on CGFIA's mill


Colorado Goldfields (OTCBB:CGFI) purchased the Mill in June 2007. Third-party estimates of market value place the value of the Mill at between $6 million and $8 million. The Pride of the West Mill is within six miles of all Colorado Goldfields' Mines. It is the only Mill in the 6,000 acre Silverton Mining District capable of mill operations. Management has already received inquires from other mining firms for custom ore processing.

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