Replies to post #63768 on Colorado Goldfields Inc. (fka CGFI)

[MasterBlastr]

I'll bet whoever got the few million dollars for the properties are laughing all the way to the bank . . .

[Taking_Profits]

-Company announces they are buying $200 million in assets for a few million

Should have raised the share price.

The news about all the "" Owned assets and promised contracts ""
Should have raised the share price.

IMO Before anything else is bought or acquired or promised
THE MILL NEEDS TO BE IN OPERATION.

That is the only chance this stock has.

CGFI Could buy the Moon.
If we can't mill it then there is no value to it.

Mr. Guyer THE MILL NEEDS TO BE IN OPERATION.

[ficose]

Don't get hung up on the 43-101. We debated this on the board years ago and I actually agreed with your position that it didn't make much sense to have a Canadian report for a US company. I've since change my stance.

The NI 43-101 is internationally recognized as the most stringent report. Might not be needed in the US, but it can be used. More importantly it can be used for foreign markets. It's something like the ISO 9001 standard; not needed in this country, but sure is helpful if a company wants to go global.

Hey, like I said, I was uninformed at one time, too. It's something hard to wrap your head around in this country where we feel we are the center of the world sometimes. Say I worked for a potentially global company and was interviewing two candidates for an engineering position. One candidate got their degree from Chester County Community College (fictitious) and the other got their degree from Oxford. Do I automatically give the person with a US education higher points? Not if I was thinking long term. Same thing with the 43-101.

GLTY