(PR-inside.com) LAKEWOOD, CO -- (Marketwire) -- 07/15/11 -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced on June 29, 2011 that the Company had acquired the Payday & Rage Mines located in San Juan County, Northeast of Monticello, Utah. This acquisition marks a significant expansion into other metals, both "precious" and "exotic," and provides Colorado Goldfields a greatly enhanced ability to capitalize on a wider number of market drivers for price -- both investor economics and manufacturing. John Ferguson, Director of Operations for Colorado Goldfields, provides the following background and insights into the importance of this acquisition. The recent acquisition of a ..
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