(PR-inside.com) LAKEWOOD, CO -- (Marketwire) -- 03/03/11 -- Colorado Goldfields Inc.'s (OTCQB: CGFIA) (PINKSHEETS: CGFIA) -- Company management announces today that it has entered into high-level negotiations to acquire 35 acres of highly accessible land in San Juan County for its dry stacking site. Based upon prevailing land values in the area, this acquisition has an estimated value of $1 million. "We expect this transaction to be extremely favorable to the Company," stated Stephen Guyer, CFO for Colorado Goldfields. "We couldn't ask for a better location and accessibility. This will be especially important for future reprocessing of tailings that are ..
More...
More...