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Re: bruderphillip post# 25036

Saturday, 09/24/2011 9:41:03 PM

Saturday, September 24, 2011 9:41:03 PM

Post# of 67010
Bruderphillip, There are two key items we CGFIA imvestors are waiting on. Mill reopening, and the dry stacking detail plan approval. (The general plan has been approved, but the design details are being worked on.)
Both are "works in process" right now. The final word from the DRMS could happen any day. But these last 2 parts are in the hands of the state agencies, and you know they run on their own calendar.
The good part about the mill is the agreements that CGFIA has with other mines in the area to mill their ore. (Toll mining) That will provide an immediate source of income until CGFIA gets their own mines producing ore. The POW mill is the only mill for several hundred miles. When it is reopened, it will be a virtual monopoly for milling gold ore.
We are all waiting for the final word of approval, and that will be real soon, IMHO.
GLTY!

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