For what it's worth. I drove down to Silverton on thursday the 20th to see what's going on. Sorry, I forgot my camera, but there's not much going on. There was a front-end loader working in the setteling ponds and John out collecting samples. That's about it. Guyer and Rice are work hard everyday to find financing to continue operations. The drystack area is on hold waiting for money and a re-engineered, cheaper plan. According to John the DRMS is not going to require a new public hearing for the permit, that was just a rumor. The reason there have not been any PR's is that every time there's a PR the stock goes down. The past PR's were at the insistance the the New York investors. Also, at their insistance, were the reverse splits. Guyer and Rice were against the splits, but the New York investors forced the issue. That is one of the reasons Guyer and Rice are looking for new financing. It seems the New York investors might be trying to drive down the stock in order to buy it up and seize control of the companies assets, which they would than sell off at a profit. A hostile take over. Of other interest,the Brooklyn project was abondoned because, although they found deposits, they weren't plentiful enough to off set the enviromental challenges presented by the flooding of the mine with water that turned out to be extremely acid. On the bright side the prospects on the Champion mine look very good. Also of interest, the reason Powell withdrew her protest is that her property was under contract and has been sold with the new owner being well aware of CGFI's plans for their property. Therefore he has no legal stand in the future. As for Hennis, he hates CGFI and I'm afraid he will continue to be a fly buzzing around CGFI's head. Fortinuatly CGFI has the law to protect it from unbalanced individuals.The company seems to be on hold pending financing. Whether they will be successful or not is pure speculation. But that is what this stock is, isn't it. I still do not believe this stock is scam. The principals have far to much to lose. But I believe what is driving Guyer is the game. I think he enjoys the challenge, and the greater the challenge the greater the reward. He may have bitten off more than he can chew, only the future can tell. I hope he is successful. All we can do is wait and see, or move on to something else. I hope this report answered some of your questions. Sorry again that I didn't bring my camera. That's my two cents---I'll be expecting some change.
