Red Chip Featured Company: Colorado Goldfields, Inc. (CGFI.OB)
Colorado Goldfields, Inc. (CGFI.OB) is a new player in the mining field focused on the exploration and retrieval of gold and silver in the state of Colorado. The company is targeting its efforts on three historically proven mines that only require minor rehabilitation to achieve full-scale production sites. CGFI has obtained an 80% interest at the Gold King, Mayflower, and Mogul mines located in San Juan County, Colorado. All three mining properties are located within a 9-mile radius of the Pride of the West Mill, which consists of 120 acres of private land, an office building, a laboratory building, water…
