That looks like a stock startup-sequence - nothing special there, nor should there be. You've got CF0 in Devs:DOSDrivers, and the line after BindDrivers is what mounts it from there. But there must be something else missing that's preventing it from working, even if the device is technically mounted. You've got compactflash.device in Devs:? You also need fat95 in L:.
You may also want to put CardPatch and CardReset (see Aminet) right before SetPatch.