I spoke to wally e. yesterday.
He said they do have outside geo analysis to do on the tailings repository at the current site. But the site is small and if they choose to use that site, it will fill up rather quickly. (No time frame to how long it would take to fill it up. Because it would be based on the amount of ore processed.) He said he will go for a AM designation no matter what they (CGFI) submits. I questioned that and he didn't get into it, just saying colorado goldfields can fight the designation with the CMLRB and see if they will overturn it. Looks like wally is still going to play hardball here. He also said at some point they will need to have another tailings repository area, as the one they have is small.
HH, He said nothing about how long it should have taken to get the mill going. He did say, the work time for any ground work is very short; June to late Sept. They can work all year round, but any ground sampling would need to be done without frost . and that would be those months.
Does that mean April and May are out? No, but generally speaking June to Sept as they are above 9000 feet.
Wally also said, there are over 1700 mining operations currently in operation in colorado. He did say that getting a mine or mill going takes a lot of capital. Mining is not like opening a "General Store"
I asked about our buddy Todd Hennis. He said he does not have any permitted properties, BUT, he does buy a lot of mines on a regular basis.
567
GL
It was a very good call.
If I got it right; "That's my one for the year!" If this had been an actual trading emergency you would have been instructed "TO NOT LISTEN TO ME!" There is no substitute for your own DD!!!
AI
