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Bob22701

11/12/12 1:42 PM

#58310 RE: 567tbd #58309

CGFI - Based on Scottrade the current market cap for CGFI is $508.3K. That comes to 293.577 ounces of gold at the current price of $1731.40 an ounce.

CGFI sure looks like an incredible buying opportunity to me!

GLTA
Bob
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Civicbird

11/12/12 4:08 PM

#58313 RE: 567tbd #58309

No doubt the assets here are very abundant, 567.(Assays north of $1 billion, possibly reaching $3 billion, is the very definition of abundant) But Spring is still a long way off, as it pertains to our PPS struggles. With our low of .05 for the day, I certainly think we will test sub-penny levels not too long from now.(The time to work on the mill leaves ample room for that.......but I don't want sub-sub penny levels again, as some here are claiming) Ultimately, our PPS is well worth in the dollars range.......well worth. Come Spring, I would love to see our value well into this range.(And we get a hefty buyout in 2013, as I have a very hard time imagining why a bigger entity wouldn't want what's considered one of the richest mineral areas in the country) But Winter is nearly upon us, and that's plenty of time for our PPS to bleed red.