Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Yes I am sure everyone would like to think mill will be operational by the time being forecast, especially in absence of any update. As some simply and logically wrote, what we have is simply hope at this point.

I dont understand how anyone could think there wouldnt be more dilution. What choice does company have ?

1. Debt financing for all cash needs- unlikely without collateral ( mill has a 1st and 2nd) or cash flow.

2. Client Financing :It is possible people who want to mill ore at the POW may provide some operating financing to do so, but a bit of a stretch to expect they would finance all the company's needs

3. Dilution through use of Equity/ Quasi-Equity : This is most probable as obviously at some point company needs some cash to operate with. I am fascinated by the concept that this company wont dilute and they dont need some cash to operate with, yet will be operating a mill by September.

Dont get me wrong, this company at 150 to 200 million share this year - which is the minimum I think they will reach-but producing or with clear path to production is not a bad speculation.