Colorado Goldfields Inc. (fka CGFI)

[lesgetrich]

There have been reserve estimates based on older surveys that total about $800 million on all of the properties but the SEC requires that certain conditions be met (I believe one is that the ore can be profitably extracted) before such estimates are included on their reports. These requirements either haven't yet been met or perhaps management is holding back their timing to have maximum impact on the stock price at a later date when the mill is closer to activation.

Other may have more info on the SEC conditions.

Les