Replies to post #64587 on Colorado Goldfields Inc. (fka CGFI)

[1manband]

I have no way of judging the potential economics of the exploration properties, though normally one would expect them to be several years away - at best- from production

Even if they were actually exploring the properties right now, they would be at least a decade away from production.

99.9% of all exploration properties produce nothing. There is either nothing of economic value on those properties, or they cannot legally obtain the permits required. And even if something of economic value is found, the average time from discovery to production is now 17 years. 17 YEARS! CGFI hasn't even begun exploration, much less discovered anything. Even if they did get the permits to restart the mill, there is absolutely no way those other properties could contribute any feed any time soon.