From an email on 07/10/14 asking about the current/future status:
Long Draw Road is now open through July. It will close in August and the plan is to reopen it by September 1. In July the only place you can camp is at Long Draw or Grandview Campgrounds. Grandview Campground is tents only Long Draw has room for RVs. Because logging operations are continuing, we are not allowing camping along the road (dispersed camping) at this time. The reservoir is accessible for fishing, although parking is limited. We do anticipate Long Draw will be open for archery season. We cannot guarantee that, if conditions change.
Mary C. Bollinger, Visitor Information
Canyon Lakes Ranger District
Roosevelt National Forest
2150 Centre Ave., Building E
Fort Collins, CO 80526