Replies to post #27007 on Colorado Goldfields Inc. (fka CGFI)

[mike495]

Good morning Brendan.Here is an excerpt from the company NR on 29 Sept,2011 posted by Burkhard last night

Historical assay results for the King Solomon Mine have revealed gold at 0.15 ounce per ton, but more importantly silver content as high as 42 ounces per ton. At $35.75 per ounce for silver, that represents about $1,500 in dollar value per ton. Combined with gold at $1,500 per ounce, total value per ton could be as high as $1,725 per ton.

[mike495]

Sorry,I messed up the text of the last post.You read the excerpt from the NR though.With those #'s X 700TPD mill capacity,We are looking at potentially $1,207,500 day revenue.And some analysts are projecting much higher metal prices .And that is only one of our mines.When I look whats ahead for us,all I see is $$$$$$