Replies to post #8826 on Colorado Goldfields Inc. (fka CGFI)

[J-Rhino]

"Additionally, the Company reports that the hearing date for the Pride of the West Mill permit amendment before the Colorado Mined Land Reclamation Board has been extended to December 16, 2010."



http://finance.yahoo.com/news/Colorado-Goldfields-Inc-Gold-iw-440978750.html?x=0

[J-Rhino]

"Assuming approximately $750,000 in new funding to re-activate the mill, toll milling will generate $6 million in gross revenue over the next 24 months. During that time, exploration and development of the Company's own mines will continue, and subject to additional development capital, the Company will begin milling its own ore in June 2011. At that point the Company is full speed ahead toward a five year projected $125 million cumulative net cash flow. The mill becomes the cash flow engine that feeds additional mine acquisitions expanding our 'enterprise value' model over time," stated Guyer.

[coloradogold]

With the volume of information that will be given at the hearing, it is more likely they will not decide at the meeting, but give written decision within 30 days. The notice said "hearing" not decision.