Thank you for posting the
same story that has appeared in EVERY 10q for years.
That aside, Wally Erickson will be more than happy to tell you that this company is in no hurry to do anything. The Mill could easily have been permitted and running in 2010 if CGFI was truly interested in doing so.
CGFI management is much happier taking investers money and spending it. "Adding Shareholder value", so to speak.
Unfortunately, shareholders added value Never shows up in the Share Price.
But, Steve Fearn does well. $3,000,000 for an Unpermitted mine property he bought for $20,000?
Shareholders really made out on that deal.
This thing is only 13 clicks away from the next Reverse Split.
And I just told you why.
