Colorado Goldfields Inc. (fka CGFI)

[M_T_Pockets]

Taking Profits:
To answer your questions, not necessarily in any order, I have not seen any estimated costs associated with the settling pond remediation, nor any detailed schedule posted other than the projections of a monthly schedule, posted on the CGFIA web page.
Since the work entails some foundation footers and a lining material topped with sand recovered from the processed tailings, as well as aggregate recovered from the same source, the cost should be relatively low. The liner being the most costly of the items, the rest is waste rock and sand. Labor of course is another expense.
The bond for all this work and future cleanup, post mill production and cessation of activity at the mill, was only in the $500k range. So you can figure the real cost of this cleanup is only a portion of that, at most. No costs were published, because it was a matter of getting the DRMS to accept a plan first. Ultimately, most of this construction is really a matter of earth moving, a job that miners do on a daily basis.
As far as the cease and desist order, that dates back to somewhere around 2005 I think, and it applied to the mill operation. I believe that it will not hinder the cleanup work. That was what the "Technical Revisions" #'s 1 through 11 were all about. The DRMS was giving CGFI permission to do certain work at the site on a step by step, item by item basis. The completion of the settling pond issue should remove any basis for the continuation of the C&D order, in effect granting POW mill the go ahead to restart production. There will be the need for an "official" or legal removal of that C&D order. However the work to get the mill ready for production should run concurrent with the pond work.

Dry stacking will actually allow the mill to operate pretty much on a year round basis. The tailings are "dry" and can be moved and deposited wherever without the worry of freezing. (a problem with settling ponds in any cold climate)

The work on the pond should easily be completed well before the freezing weather returns.

The company web page has mill approval expected in August, and so far CGFI has hit these projected dates.
Here is a link to that page in case you need it:
http://cologold.com/investors.htm

I hope this gives you a better perspective on how important the TR-11 approval is, and how & when it will be completed.
GLTY, and watch for big news later this month, or early August!