Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Thanks for your input. I agree fact mill was operational not so long ago a very positive factor. Of course projects can have delays especially when regulatory requirements for environmental and safety issues can be so stringent and often unpredictable. The old-timers who may be around will get a real eye-opener dealing with MSHA these days.

Since you have more familiarity with the operating issues, the state's comments about lack of certain baseline studies is interesting- should the company have prepared these in advance or did they overlook or was this a requirement they could not have forseen ?

To make a success one needs to deal with operational, finance and marketing issues. The build a better mousetrap theory of investor relations and financing wont work in this market, nor idea that conventional financing is easily secured for a project and company like this. Some comments on this board seem oblivious to the difficulty in financing junior mining companies these days. The reason the company has had to rely on convertible financing is precisely because of this difficulty.