Colorado Goldfields Inc. (fka CGFI)

[OutermostSoup]

Lt, are you saying you would rather management put all of their eggs into one basket?

I would agree with you if the Silver Wing Mine was another "exploration only" project, but it seems to me, JMHO, that the implication is that the Silver Wing would be a fastracked mining position and isn't "owned" by CGFIA but that CGFIA went into a Partnership with Silver Wing on the endeavor: Hence the 5% royalties. In oil we see similar types of deals which spread out a companies risk. As a member of a small oil company, I would think it was ludicrous if we put all our finances into one project. It makes a lot more sense to spread the risk out.

I've inferred all of this information from the PR, but being in a small exploration company myself, albeit in a different sector, it makes sense that they would acquire rights to process ore from the Silver Wing Mine, and have a part ownership in it.