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Re: moxy7 post# 24353

Wednesday, 09/21/2011 12:30:21 AM

Wednesday, September 21, 2011 12:30:21 AM

Post# of 67010
Moxy, I think you mis-read dlc's message. He didn't say 'a simple mill' he said "simply the mill". CGFIA has several proven mines owned and leased, including gold, silver, copper, zinc & uranium. (uranium mine is still in negotiations for closing on that option).
The value of CGFIA is in both the mineral rights and mill, but the real key is the mill. It would be the only operating mill for several hundred miles, when the C&D order by the DRMS is lifted. (they ARE a permitted mine, just under an order to stop work till the old previously existing environmental issues are completed. That is VERY CLOSE to completion.)
The value of a fully permitted operational mill, in permitting and legal effort alone, would wake this a nice takeover target, as you have pointed out.
Either way, buyout or running mill & mine, CGFIA has GREAT potential! Win / Win situation.


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doesn't mean I'm smart.

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