"Technically, Cgi doesn't own the permit, I believe fearn does, thus his inclusion with Cgi."
>>>TOTAL FABRICATION<<<<<
Look at the 10Q Kitt. You are sadly mistaken. The mill/mine permit for the POW WAS transferred to CGFI in 2008.
Page 15 of the 10Q:
Quote:
"In March 2008, the Colorado Division of Reclamation, Mining and Safety transferred the mill permit into our name, and in connection therewith, we posted a bond in the amount of $318,154 with the Division in the form of a letter of credit. We have recorded an estimated asset retirement obligation of $656,570 in connection with our estimated future reclamation costs."
Transferring the mill permit into CGFI's name is in direct contradiction to your constant claims that they do not own the permit.
Your claims are false.
Your DD is proving to be poor.
Don't take my word for it, Do your own research! Then you will know it's true!
