Replies to post #39481 on Colorado Goldfields Inc (fka CGFI)

[567tbd]

Hi p, The environmental burden that you speak of is already paid for. The customers you speak of CGFIA has over $12M worth already. A mortgage, perhaps like a homeowner would have, you can use the property, improve on the property and make money that will be all yours. Not the mortgage holders.

567

GL

I don't understand your post....

[M_T_Pockets]

At the last estimate, the mill was worth $11 million. That puts the equity at approximately 85%. An asset, even with a mortgage, is still an asset, particularly when it can be sold in parts for 7.25 times its mortgaged amount.
Basic accounting principals will prove your claim wrong.
Perhaps you should do some more DD too.
This can all be found in the CGFIA statements.

[akgoldminor]

I've checked my DD, p1928. I guess you missed the part about the hundreds of thousands of dollars that HAVE been paid already. But then, some people just like to read what they want to read.

GO CGFIA