Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Since we dont know what were costs to finish meeting permit conditions and working capital for mill kind of hard to estimate what funds are needed, and what were available form prior convertible note arrangements. Assuming funds were available though, just my opinion, company needs to now start addressing questions in a systematic and conservative manner so it can build credibility rather than try to start all of a sudden once mill is up aad operatonal.

I still wonder why 10k silent on this point.

A good start would be filing an 8k on the March 6 transaction.

As far as bank extending credit line to this company IMO that simply will not happen unless they were producing at a profit. Just because permit issued wont make banks in this environment extend credit lines especially when main asset has both a first and a second mortgage on it, plus all the liabilities company has.