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Re: NoWammiesSTOP! post# 10260

Friday, 11/16/2012 9:01:52 AM

Friday, November 16, 2012 9:01:52 AM

Post# of 49064
The mine seems to be worth $1 million. in the financials under assets the line item for property is $1 million and it says see note 4.15. http://www.otcmarkets.com/financialReportViewer?symbol=CFGX&id=94790

Note 4.15 states

On June 29, 2011, the Company executed an Asset Purchase and Sale Agreement wherein it acquired 100% interest in 85.5 acres of land containing 5 lode mining claims composing the St. Louis Mine, in Clark County, Nevada. The purchase price consisted of $20,000 cash, $250,000 in an assumed note, and a new note of $730,000, zero percent interest, due and payable in (36) thirty six months.
http://www.otcmarkets.com/financialReportViewer?symbol=CFGX&id=94791