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Re: poogs99 post# 25137

Monday, 09/26/2011 11:29:48 AM

Monday, September 26, 2011 11:29:48 AM

Post# of 67010
No problem Poogs. We are all frustrated and need to work together. I don't expect everyone to drink the Kool Aid, but the grog is tasty!

I saw that there was a posting this weekend that referenced an article from "stockgurumining.com". It is mostly info we have already, but it did state one thing I found of interest.

Here is the link if you want to see the article.
http://stockgurumining.com/about/cgfia/

It states that the "Pride of the West" mill, at the time of acquisition was over $12 million. Now, I can understand a little discount from that price, but a market cap of $3.12 million is way undervaluing CGFIA.
Even if you sell off the equipment at used prices, the value is far above the marker capitalization.

Just trying to put things in perspective, and just my humble opinion.
GLTA CGFIA!

I just hang out here for the fun of it, that
doesn't mean I'm smart.

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