Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Thanks for the update which I assume is the viewpoint expressed by CFO.

Interesting this information as shows that more money was needed to activate the mill, not just paperwork", and my impression from your observations is that it is now clear they will not meet projections of the mill re-opening this fall- woudl that be a correct impression ?

Also interesting they blame the reverse splits on the lenders, and the press releases- but certainly company is responsible for content of the press releases.

I do not accept for one second that the convertible note holders as short term speculators have any desire to buy a mill with no ore and no permit, and a company with a potential judgemeent winding its way through the courts.