Hi Shredder015,
Here is how the speculation developed.
If you look at the location of the POW mill, there is no other mill in operation for hundreds of miles. The Silverton area has plenty of mining opportunities, but nowhere to separate the ore from the tailings. This makes operating a mine in that area economically difficult.
Right now, CGFIA has contracts and agreements with some local mines to process their ore when the mill reopens. (almost instant income, by the way, but I digress)
Can you spell MONOPOLY?
CGFIA will be quite a coup that Mr Guyer is spearheading, when he gets the mill operating.
Look at all the effort and time it has taken CGFIA to get an existing mill past the DRMS. Now you may start to realize how difficult it would be to try to open a new mill in the state of Colorado.
If I were a big mining operator in the area I would be drooling over the opportunity to buy out CGFIA and the mill. It would greatly reduce the cost of any present mining, and offer the ability for the big guys to open up other claims that they now own.
That's just our speculation. But if it sells, then it won't go cheap. If it doesn't, then we still have a producing mill and mining claims that will be opened shortly after the mill. Win / Win!
GLTY! GO Mr Guyer, and make us all wealthy!
I just hang out here for the fun of it, that
doesn't mean I'm smart.