Colorado Goldfields Inc. (fka CGFI)

[overandout]

Troger, I guess what I am trying to figure out is how much of the mill capacity CGFIA can utilize to process the output from its own mine and what are the limitations that would prevent it from using it to its maximum.

My benchmark for want of a better yardstick would be whatever they were doing before the mill shut down. It would seem reasonable to assume that if they were able to process x tons at that time, it should be possible to at least match that number. Anything above that would be added upside.

I appreciate that things have changed since 2008 but unless we can nail it down in some supportable way, it would be mere speculation. For example, we do know that the price of gold is over 50% higher than it was in February 2008 so one can extrapolate potential revenues based on the current POG.