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SmallCap Sentinel: A Time to Drill
IRVINE, Calif., March 26, 2008 (PRIME NEWSWIRE) -- "With gold at stellar heights companies are actively pursuing the ore in multiple ways. Of course, there are speculative moves by companies to acquire gold-rich land but perhaps the most intriguing equities to follow are those who have begun drilling," stated SmallCap Sentinel analyst D.R. Clark. "In most instances it is at this juncture where the investor gets to enthusiastically follow the 'moment of truth' as drilling commences. For example, Colorado Goldfields, Inc. (OTCBB:CGFI) just announced the signing of a contract with Godbe Drilling, LLC of Montrose, Colorado for the resumption of drilling at the Gold King and Mogul properties in San Juan County, Colorado. This contract calls for a minimum of 7000 feet of exploration drilling and as Todd Hennis, CGFI President, states, could contribute to a 'very busy year' for the company and its followers."