Replies to post #248 on Colorado Goldfields Inc. (fka CGFI)

[pgilmore]

Man, that's funny!...damn near the same answer. Here's what I asked and was answered with:(this was two days ago)

Dear Mr. Long,

I have 110,000 shares of CUSIP# 19647Y203...is this stock reissue going to happen or has our stock been cancelled and we are out our money? I would have thought that more information would have been made available. I as well of many other stock holders have been waiting...what's up guys? I feel that this company has enormous potential but have no intention of investing another dime until more info has been recieved. Any information would be appreciated.

Thank You, Philip Gilmore


Dear Mr. Gilmore,

We have received a large volume of inquiries from Colorado Goldfields Inc. shareholders and others interested in learning more about the Company's press release of January 13, 2009 , that we refer to as the "Shock and Awe" announcement. There have been so many emails that we have decided to send one uniform response via email to all those who have sent their inquiry via email. As an overall comment, as you know neither the Company nor the investor relations group may provide any financial or investment advice on any matter. In that regard we must refer you to your own broker or financial advisor.

Regarding the procedure inherent in the common share surrender and replacement process referred to in the "Shock and Awe" announcement, there will be further announcements in this regard prior to the effective date of the Company's corporate action, but for the moment we refer you to your broker or financial advisor who may inform you of the standard operating procedure, that takes place with any common share surrender and replacement.

Please stand by for further Company announcements.

There have been many emails inquiring whether or not the sender should take action of one sort or another or buy Company shares in the market and so forth. Again, for financial or investment advice, we refer you to your broker or financial advisor, and we ask for your courtesy regarding the need for additional information in connection with the announced common share surrender and replacement as further announcements by the Company will be forthco min g. Reg arding any other matter internal to the operations of Colorado Goldfields Inc. we refer you to the Company's most recent annual report 10K filing, and quarterly report 10Q filing available on the Company's website @ www.cologold.com.

Very sincerely,

Brad Long

Director of Investor Relations

Colorado Goldfields Inc


BLAH, BLAH, BLAH