CGFIA - Merger - News: WKN: A0X8AW - Colorado Gold

"The fact that American Sierra on behalf of the Company's over seven thousand shareholders showed this commitment to Colorado Goldfields strongly supports our business model and the course our company is taking. After four years of total and consistent dedication and perseverance in the face of a very challenging world-wide economic climate, the strategic expansion of our shareholder base and the strengthening of our capital base opens up new growth prospects for us and creates further potential for acquisitions," said Stephen Guyer, CFO of Colorado Goldfields.
Gold stocks

About Colorado Goldfields Inc.

Colorado Goldfields Inc. (OTCQB: CGFIA) (www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements

This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:

Investor Relations

Colorado Goldfields Inc.

866-579-9444 or 303-984-0524

www.cologold.com

Colorado Goldfields A (QB) Company Description
Colorado Goldfields Inc. is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discovery. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern 500 to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months. URL: www.cologold.com

CGFIA-Russia, Kazakhstan, Colombia Raise Gold Reserves in October

By Nicholas Larkin - Nov 25, 2011 6:06 AM ET

Russia, Kazakhstan, Colombia, Belarus and Mexico added a combined 25.7 metric tons of gold valued at $1.38 billion to reserves in October, a month after prices rose to a record.
Russia’s bullion reserves rose 19.5 tons to 871.1 tons last month, according to data on the International Monetary Fund’s website. Kazakhstan’s assets increased 3.2 tons to 73.6 tons, Colombia’s gained 1.2 tons to 10.4 tons, Belarus expanded assets by 1 ton to 31.9 tons and Mexico added 0.9 ton to take holdings to 106.3 tons, the data show. Germany cut reserves by 4.7 tons to mint commemorative coins and Tajikistan cut 0.4 ton of gold.
Central banks are expanding reserves for the first time in a generation as prices head for an 11th straight annual gain and assets in exchange-traded products rose to an all-time high. Purchases may reach 450 tons this year, according to Marcus Grubb, managing director of investment research at the London- based World Gold Council. Central banks and government institutions bought 142 tons last year, IMF data show.
“Given gold’s much more attractive levels in October, we would not be surprised if a similar trend of significantly more buying than is reflected by IMF data actually occurred during the month,” Edel Tully, an analyst at UBS AG in London, wrote in a report today.
Gold touched a record $1,921.15 an ounce on Sept. 6 and averaged $1,671.25 last month, valuing Russia’s purchase at about $1.05 billion.
Germany’s gold reserves are at 3,396.3 tons, the IMF data show. The country is the second-biggest holder after the U.S., according to the World Gold Council. A Bundesbank spokesman confirmed the sale and said it was done to mint commemorative coins, which is the only reason it sold bullion during the past few years.

Website of Colorado Goldfields:

http://www.cologold.com/index.htm

Mill Renovation - Video:

www.cologold.com/uploads/Mill_Milestone_4.wmv


The Pride of the West Mill - 3D Animation

http://www.youtube.com/watch?v=IGBDjrsbwcU&feature=player_embedded

Strong Buy

CGFIA-GOLD Up $32.40 @ $1712.70

The gold market has recently behaved more like a risk asset than like a safe-haven asset, to the consternation of gold market bulls. But on this “risk-on” trading day in the market place so far Monday, gold bulls are at least temporarily content with that.

The U.S. dollar index is trading solidly lower Monday morning, on a corrective pullback after hitting another seven-week high Friday. The dollar index bulls still have some upside near-term technical momentum as prices are in a near-term uptrend on the daily chart. Crude oil prices are trading sharply higher Monday morning and that is also boosting the precious metals as well as other commodity markets.

U.S. economic data due for release Monday includes the Chicago Midwest manufacturing index, new residential sales and the Texas manufacturing outlook survey.

The London A.M. gold fixing was $1,714.00 versus the previous P.M. fixing of $1,688.50.

Technically, February gold futures prices have been trending lower for three weeks and bulls still have work to do to reverse that trend. Bulls' next upside technical breakout objective is to produce a close above solid technical resistance at $1,755.50. Bears' next near-term downside price objective is closing prices below solid technical support at the November low of $1,670.50. First resistance is seen at the overnight high of $1,723.00 and then at $1,730.00. First support is seen at $1,700.00 and then at the overnight low of $1,686.70.

March silver futures prices have also seen prices trending lower for four weeks.
Bulls’ next upside price breakout objective is closing prices above solid technical resistance at $34.00 an ounce. The next downside price breakout objective for the bears is closing prices below major psychological support at $30.00. First resistance is seen at the overnight high of $32.265 and then at $32.50. Next support is seen at $31.50 and then at the overnight low of $31.24.

CGFIA-Hi ficose, Add $200 Million to the CGFIA Books.

"A thorough study of geological structures, past production, core drilling and extensive underground sampling records indicates that the total resource of the Silver Wing Mine could exceed $200 million with approximately 80% of the resource value composed of silver and copper minerals,"

Brooklyn Mine Exploration Plan -- a $22 Million Estimated Resource-Assays Coming

CGFIA-The Merger with American Sierra GOLD, And the Assays Coming from the King Solomon Mine and the Brooklyn Mine as well as the NI 43-101 for the Uranium Claims


+ Diverse Goldminen und Silberminen dazu Uranium Leute

wollen wir mal schauen was passiert, und

ob die erhofften news bald kommen.

go

los gehts!!!

kommt denn  der Merger?
Oder ist der schon durch?

Rallye noch 2011?


www.daf.fm/video/...allye-noch-2011-50150055-XC0009655157.html

Go for gold

dann erkläre mir doch bitte mal, warum?