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Wow. All the same characters still here. LOL
YEARS, and many trip-zero returns later.
Unbelievable.
Trip 0's n another RS comin'.
Yikes folks, just get out. Guyer's bad news! I haven't posted in 8 or 9 months. I got out with very small losses, thank goodness.
Wake up folks!
Guyer is increasing the A/S to 1B.
And there ya have it. I didn't tell anybody this, but I pulled out 100% of my investment here a few weeks ago. I managed to sell it all at or above .38. I lost $800 doing it (thank goodness I pulled some out before the r/s), but I just was not going to watch this f*ckhead take thousands from me, as he's done to so many.
I just got screwed in another stock and kinda had a wake up call and pulled out of this and another one. Luckily it was close to a wash. I have watched a lot of selling the past 2 weeks here as well. The PPS is only where it's at now because it's been painted up there.
I'm glad I'm out and I told myself if Guyer increased the A/S, that I would sell immediately. Sounds like I beat him to the punch. I don't know the future, this may prove legit someday, but I'm not going to lose money and another year of my life waiting for that day. Guyer said he r/s'd this to increase shareholder value. How is a 1 billion a/s increasing shareholder value? The guy has absolutely no concern for the shareholders. None. Nada. I'm done. Maybe Summer '13 I'll look to see what's happening here. I am done marrying pennies. it sucks getting burned and I just got burned twice - could've been much worse. GLTA, and go eat a bag of dicks Guyer.
Interesting $15K dump or buy or whatever at the end there.... hmmmm.
GO $CGFI
I'm very sorry for your loss topgranny.
I worry about our March deadline on the conditions. Correct me if I'm wrong, but we've got a lot of work left. Any word on the clear span? Weren't we supposed to be pouring footers by now?
Hey PhilC, you still in this?
TRIP ZERO'S A COMIN'
Into the toilet she goes.
Flushing our cash down the bowl - thanks Guyer. Thanks for the memories. The memories of supporting your company for the past year and a half.
Guyer ain't a man of many words. Like I said, this is going to be a LONG fall/winter/spring/summer before revenues.
Wish I would've sold ALL of my shares before the R/S, but I was hoping to help control the float to do my own little part of the whole. If we all sell to get in cheaper, we might as well kiss this mf'er goodbye. ALL that does is drop it into the toilet.
In other news, I spoke of great stock I was in, up over 1000%, well, 3 weeks ago it got halted and is now trading on the grays. I lost $24K worth of earnings, LOL. I'm just about done with these damn pinks. In the end, they will suck your money away. And, honestly, CG, up to this point, is no different. We are ALL at a loss. Has anybody EVER made any money off of CG up to this point? Revenues are a year away, IF ALL GOES WELL. I think a good trading strategy would be to GTFO of the pinks, LOL.
Venting.
$CGFID
A new WEEK, a new LOW, LOL. Love this POS.
Buncha bid-sitters, LOL.
GO $CGFID
Still here, LOL. Still holding all shares from 2011 tightly.
Not sure why some days, other days I remember exactly why. Coulda flipped for some BIG MONEY, but was holding for the long term. We'll see if I've made a mistake.
GO $GTGP
Sheesh - slow day here. CGFI's holdin' steady.
GO $CGFID
I think we're going to see some pretty strong resistance past .50. I think .50 will be where we stay for quite a while. Hope I'm wrong.
$10 by Christmas '12? LOL keep dreamin'.
$10-$15/share by the holidays. Good grief LOL. Here we go again. Maybe, just maybe NEXT holidays...
Lets keep it real folks.
$CGFID
Agreed. Too far out from revenue to pick up new investors.
In Guyer's last "PR", he said soonest revenue is now October '13. Too much risk right now with little incentive from the top to invest here.
LOL at this spread. Holy cow.
Luckily for us, it's not as easy for the MMs to throw up false info vs. when we were tading at the .0001 oblivion. But, that's not to say they aren't lying through their scumbag teeth with these #'s right now...
GO $CGFID
Who's doing those 10K share dumps? There's no way whoever is doing those made any money on the sell - they sold that at a loss. Is that a retail sell or company dump? I've seen a few of those in the past week.
GO $CGFID
LOL! .0031 LOD.
What a huge POS. This'll be trip zip shortly, then r/s.
So what was that 30k share dump AH?
Thanks Optimiss. So, have we completed any of the conditions yet? Any word on the Clearspan structure? Is there going to be a large slab poured where the pond is/was? We are also getting some pipe dug?
Thanks Ficose!
LOL - spoke too soon?
Big ol' $9K sell.
$CGFID
I do not disagree one bit that Guyer screwed existing long investors. He did it because he had to - plain and simple. There was nothing in his power he could do to magically make the .0001 PPS/35B A/S go away, other than an R/S. Is there anybody here that disagrees with that? If so, please tell me what his other options were. I very highly doubt we'll EVER hear an apology for the r/s. In fact we heard the opposite - he said he did it for long-term shareholder value. And, afterall this is an investment with risks, blah, blah, blah. I can't argue with a single point he made - it's all true. He couldn't do anything except fix the share structure. Did it have to be as drastic as a 5000:1? That's another discussion with pros/cons.
I wasn't here before 2011, so I can't speak for any mismanagement, dilution or incompetency (lack of proper financing.) I have never seen a single PR or document come out that he said he would never R/S. Can somebody provide that link? Was it mainly an understanding from a few phone calls investors made to him? I wouldn't count a single phone call as gospel. Heck, I would never count anything as gospel. This is a startup and nobody knows the future - including Guyer. If he thought he might need to r/s a few years down the road, would he really tell investors that? How could you expect an honest answer? He doesn't know the future and neither do we. He knows rumors of an r/s would spread like wildfire and shut down CG before it ever got off it's feet. His #1 priority is the success of the company. Getting it ready for operation and/or getting it bought. Don't kid yourselves and think he puts his shareholders above the big-picture success of the company.
If he decides to dilute this in a month or sometime before March '13, that goes against what he said in his PR about obtaining financing. Unless something happened after the PR, out of his control, that threatened the financing, we should be able to count on no dilution. If he dilutes and says that yes, something happened with the financing (if he would even tell us that much), then we all just need to pack up our shit and GTFO. That points to mismanagement/dishonesty and you cannot trust a single word out of his mouth.
Any penny stock start-up CEO/CFO that says they'll never dilute or R/S is just not being honest - they simply should never make those statements, but if they do, it's because they know they can get away with it. Imagine if Apple's CEO publically said they'll never do a f/s or r/s. He'd never say that.
I'm not trying to defend Guyer or bash him, I'm just trying to tell things how I've seen them in only the last 1.5 years or so. My "tune" would probably be a LOT different if I had been here 4,5,6 years. I think things will get interesting here once the 20 days are up. We need a real heartbeat on the progress. If Guyer's going to only PR single "phases" of what he's doing, it's going to be frustrating between phases. Personally I'd like a detailed break-down of events and plans with a "...and here's how I'm paying for all of this. And here's how much each part's going to cost. And here's our agreed upon completion dates from our contractor(s)."
Pretty sure we're not going to get that kind of info, LOL.
GO $CGFID
Let the mgmt's actions speak for themselves.
This post-r/s is a new ball game. This is my "last chance" with CGFI. If Guyer dilutes / adds to the A/S, that means he bold-faced lied to the world about his financing. If there's no work being done at the mill, that means he's lying in his PRs. If any of those occur, I'm outa here because this is a scam along with Guyer. Has any of this happened yet? No. Will it happen - I have no idea. I have a set amount that I was/am willing to lose in this stock. I will not be average down.
I think, to some extent, we have to treat this as a new page for CGFI. Guyer specifically said he's using financing for this. There should be ZERO reason to dilute this. I have not seen any evidence of dilution. I wish I had a daily report from Optimiss on the real-world progress that should be happening on the muddy grounds of the POW at this very moment.
All that said, I will not be investing further here until I'm given a reason to. Too much risk still. I'm willing to lose what I have in it and will not chase this down, if it goes down.
I'm hoping that we all hang around the current PPS for some months, progress continues as planned, and all of a sudden, we all find ourselves chasing this thing up in a big way. If and when that happens, we should all have NO DOUBTS or lack of confidence here. If/when we see the DRMS paperwork by March '13 saying that conditions have been met and CGFI is fully 100% permitted to operate, I think investor confidence will take care of itself here.
Happy Friday and have a great weekend everybody!
GO $CGFID
Agreed. This just keeps hitting new lows every week.
Just laughable, and well... cryable too, LOL.
Ugh.
I will be back in the San Juans soon. So beautiful there. Most beautiful part of my state IMO.
GO $CGFID
DANG - that was some volume at the end there - good grief.
What does the float look like here?
Agreed. I'm getting pissed watching my few r/s'd shares drop in value. Shoulda yanked out the whole lot of 'em as I saw this all coming. I'd rather chase a stock on its way up than avg. down into the cistern. See you all down in the double zeros.
Brendan is counting on others to bring the stock up for him. A free ride, if you will. Many others here doing the same. I don't think there's enough money here to maintain .5 PPS when there's bid sitters and MMs having their way with this. I bet we'll be sub-dimes soon, maybe even sub-penny. They'll get their cheap shares a plenty.
We need new investors here with new money, and I don't see that happening 9 months away from milling time and without PRs. As I've said, this winter's gonna be brutal on the PPS.
$CGFID
WHAM - Nice buy, if I'm readin' right. Looks like some good accumulation today.
GO $CGFID
C'mon Jim - give us something here.
Seems to be churning nicely. Took a dive in the am and recovered nicely.
GO $CGFID
How in the F did JF allow this to happen.
He is a businessman that knows how this shit works. I'm beginning to think scam simply because a legit CEO would not have let his company get to this point. This is F'd!!!!
This blows. Utter horseshit and somebody needs to pay dearly.
http://butte-updater.com/
Nice red post on top. Sorry if this is a repost.