Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Nice powerpoint to be sure. The cash flow projection doesnt seem to provide capital and working capital requirements though. Also I am curious what the factor is for recovery losses and smelting charges.It is one thing to say a mill is expandable, it is another to factor in capital required to do so and how raised.Since they dont quote reserves, do they have any reports showing measured or indicated resources within the last 5 years ? Why does mining cost per ton apparently stay the same even with increases in daily production ? Wouldn't this usually drop as volume increases ?

If they plan to produce by fall they would need to begin ramping up now.

However does seem a good trading vehicle.