Replies to post #25036 on Colorado Goldfields Inc. (fka CGFI)

[M_T_Pockets]

Bruderphillip, There are two key items we CGFIA imvestors are waiting on. Mill reopening, and the dry stacking detail plan approval. (The general plan has been approved, but the design details are being worked on.)
Both are "works in process" right now. The final word from the DRMS could happen any day. But these last 2 parts are in the hands of the state agencies, and you know they run on their own calendar.
The good part about the mill is the agreements that CGFIA has with other mines in the area to mill their ore. (Toll mining) That will provide an immediate source of income until CGFIA gets their own mines producing ore. The POW mill is the only mill for several hundred miles. When it is reopened, it will be a virtual monopoly for milling gold ore.
We are all waiting for the final word of approval, and that will be real soon, IMHO.
GLTY!

[poogs99]

phillip,

I believe MT gave a good synopis of whats going on, but i would suggust doing your own DD.....copious amounts of information can be found on this board alone, look for posts from the mods...
-poogs

[M_T_Pockets]

So true! Check out the stickies at the top of the page. There has been a great deal of time and effort put into the research by many people. You should find links to the sources of where the info came from, but the best thing to do is read what we have and dig a little deeper for yourself. Then you know the info is on the level.
If you need any help, ask for it here. Someone is always willing to help.
(I see by your posts you aren't a noobie, but there is a lot of info to absorb.)
Good to have you here, and GLTY!