Colorado Goldfields Inc. (fka CGFI)

[M_T_Pockets]

... and at a very fair P/E ratio

That's just it, we would have to get a fair price. But you answered your own question, wether you realized it or not. P/E....Profit to Equity ratio. Right now there is no profit. So half of the equation is missing. After mill reopening, and production starts, then the equation becomes a simpler problem to solve. Right now it is all based on estimates, and therefore a big unknown. How do you price something that you don't know, or can't prove, the value of?
We are better served by knowing what we own before it is sold.