Colorado Goldfields Inc. (fka CGFI)

[MarkieMoo]

I disagree. $10/share is very real. At $10 our market cap. is $56M. It is $2.5M now at .45. Granted we will probably need a PR or other positive event, but to suggest that absolutely nothing happens at the mill or no forward progress is made for the next year is unrealistic. It may be in the form of a positive assay on one of the mines. If CGFIA keeps to its timeline we should see the mill ready for operation by next June. This alone will increase value.

CGFIA is undervalued right now. I have read several analyst reports that also say so. Possibly part of the problem is that CGFIA has shown no revenue for so many years now that the market refuses to recognize any value in this company. So far I haven't seen much investor interest post-mill approval. Many of us expected a pps jump after mill approval. This hasn't happened yet. If we get the "chill" removed in October this may help as a much broader range of investors will have access to trading CGFIA.