Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Pertenent information should be released to the public concerning deals that were to be finilized at a specific time line. Guyer did not say anything--however should have! That is the point.
But they did not inform stockholders to that effect legally they can be in big trouble!
567 silver wing mine should have closed deal I think you are missing the point! should have been finilized long time ago as matter of fact I posted my concerns several times but was mostly ignored---now no why!
Golden grog-- refer to the 8-k information on fearn is in there. silver wing mine was to be finilized but it was not now no the reason. waited to do the 5000to 1 r/s then the 1 billion expansion almost immediately after reverse---fearn being an insider took advantage that is why we should take advantage an get B-shares as compensation for all our losses an stress mental.
Golden grog--excuse my spelling yes fearn. sometimes hit the wrong key fat fingers.
drams conditions were to be solved by nov 21st 2012 Knight Piesold has been working on I agan will poit out the importance. Why Bankers do not like uncertainties, if conditions met then get full permit with outconditions. Bankers no colorado mill has monopolymines in area will go to them no other choice, cost to much money to ship out of state for processing. Money lent at good rates but if conditions not met back to wally erickson B.S. agan! Lets hope co finnally finishes a project comepletly befor going on to som ethig else.
Ficos You were on the right trai concerning B-shares. Guyer controlls the Co with his b-shares, as you no every b-share has a hundred votes an he owns the majority. I would suggest that guyer be compelled to distribute those B-shares to long term shareholders going back 3 years to break up his monopoly an make it more fair an beneficial to current stockhoders. We long time shareholders have been screwed left an wright, especially on the 5000to 1 r/s an consequently the immedeiately expanding out standing shares to one billion. This was crazy, but after seeing 8-k makes more sense, because fear gets 24 million shares plus the 3 million dollars. Thus enriching them at current stockholders expense. So I am suggestin that guyer an rice both share an redistribute the b-share to us stockhoders as a bonus we deserve for putting up are hard earned money at risk.
concerning purchasing of new mineing claims they would have to be acquired, takeing into consideration there problems with toxic bomb. mines without big problems acqured, rememembor there are lots of lawsuits pending,or problems associated with siverton area. So that purchases would have to be done wisely takeing in to consideration the downfall positin.
Some people are now begining to panic, which is a shame,because getting through the burecratic nightmare of wally erickson, will bring success. Now that obama has been elected, prettey well quarentees,gold going through roof. Junior gold mines will have there hay day, an guyer is by buying up more mineing claims,wisely positioning us for a great payday! Money has been imo (that is the 3 million) alreadey in place, guyer is not stupid but smart. Hold an acquire more stock, would be my advise,but then I am a gambler.
Knight Piesold agan I will point out the importance of there work, concerning the clear span project. Nov 21 deadline almost here an the details should be worked out, allowing the drams conditions to be fullfilled! That would mean the lifting of burecratic burden an meaningfull financing at reasonable rate from most big bankers. Here gentlemen in my opinion is where the 3 million plus money revoles around the successfull, lifting an full permit approvel. Also will alliow co to get back all bond moneys, per agreement with the state of colorado. Key agan is mill up an running, all depends on Knight Piesold clearing up drams conditions--trust me bankers due not like uncertaintees.
I quetioned many times about the siver wing mine deal to be finalized---here it comes back to haunt stockholders. I am still here but co has to finish what they say there doing,for instance knight piesold---90 days coming up november 21st 2012, simple conditions to meet drams conditions should be fullfilled!
clearspan specifics are being worked on by knight Piesold. november 21 the 90 days are up an hopefully they will have all the details worked out to submit to drams for the clearspan to be approved an all conditions will then have been met. I hope this is correct information if incorrect, please 567 or other long term investors post.
lambshift- questions can not answer, that would be guyer. expansion to 1500 tonsthere up to engeneers but can be done maybe with equipment an buildings have in place.
speculation merger activity is now under discussion by management with several mines surrounding siverton mill. They that is management are evaluating which mines have the least amount of exposure to the toxic bomb problem that ocurred back in 1994, so that mines can easily be retrofitted through wally erickson nightmare which they have plenty of experience with. My thoughts buy cheap an these mines due have gold,siver, copper in them. In order to hook big mineing interests, have to produce the assays but these small mines owners have been busy over the years--so that is what guyer an rice are doing---building up Co prospects an details will be forthcomking! All my speculation which is based on passed experience with colorado goldfields. Please due your homework.
lambshift--take a look at future revenue stream guyer projected once mill up an running over five year period 200,000.000 million dollars. That by the way is conservative if mill is expanded to say double 1500 tonage a day operation---expand the mathalong with increase figures,when gold goes through the roof with dollar collapse. Collapse comes even if romney gets elected because federal reserve has the presses wide open--dollar is dead meat, just a question when happens next year. imo
Probably buying up an expanding the potential of co, leading to a sale.----hopefully for say 125.00 a share, if at todays outstanding shares.
griz I too have lost a lot of money but what keeps me buying an staying here is this! Five years of burecratic bullshit concerning the mill. Now have permit approvel with conditions- guyer stated firm from new york which raised the million dollars still on board providing funds for mill rehab. Knight piesold by november 21, 2012 will have the drams conditions fullfilled according to past due dilligence! Griz you no all of this information continue to hold, I know your frustration is real so is mine but to much progress has been made to allow anger an frustration to fold your hand! Maybe dont buy more stock but hang tough--- the new year will tell all especially this election nov 6th--romney in colorado gold will be too! Obama lock an load
Brenden--9million you are refering too, is it the orders being placed which is what I believe you are referring too, or actual financing? Co in new york put up 1 million dollars an guyer said they where going to follow through with more money to get the mill up an running. ?? Has that line of finanancing fallen through an if so why???> We now have approvel with conditions from drams, financing should not be a problem, so I think guyer increased shares agan to buy more propertysor mines around the mill. Lets discuss this possability, which makes sense, bulld up the assets for a buyout by big Co. imo
Gentlemen oppurtunity there are aproxamatley 1000 mines around the silverton mill complex---the dollar is collapsing, most likely buying up more mineing claims. This is the only explanation i can think of but we the current stockholders get screwed, unless guyer shares by giving current stockholders b-shares as an incentive not to sue in class action cases. What do others think for the increase in b shares.
stewusmc post are you referring to current date aug 2012 an agreement with barrack gold,--can this be verified is this for real. if so outstanding news--which cfo Guyer has kept close to the vest but is now out an in the open. Hope this is so but think more an april fools joke. Yaw
567 in a buy out,how would b-shares benifit there is no price attached to this stock or moneytary value. Regular shares there is a price on them as of now .0001, but what could we expect to get fro b-hares in a buy out with say stated valuation of co assets at 1 billion dollars, how effective would the b-shares become in a buy out negotiations! I have no real experience in complicated banking procedures. but would love to have some opinions, on a likely senario, or buyout. Frankly concerning actually mineing co!s bought out by a major.
I would like to post this message to old sharehiolders,(especially those who received b-shares an warrents) b-shares controll the voteing big time in this co but we who own these shares, are not getting our share of the pie. how do we go about gettin g these shares listed on the market where they can be traded.. Suggestions--- I would really like to make some big money here but the deck seems to be stacked, how to turn the b-shares to our benefit! Guyer has set himself up nicely there an rice--how do we benefit after all we put up the capital, let us make some green, money for a change.
I don1t no if i am asking the right quetion, unfortunately my brokerage house does not seem to have compentant experienced personel with the right answers! that is why asking hopefully an intelligent quetion to the board.
does finra contact the brokerage firms, concerning the stock split! If so how long due they have to do that according sec regulations in order to keep an orderly market open to the general public?
Just got off the phone with my brokeragefirm an did not get a satisfactory answer. I was told they didnt get notice from finra an dtcc so would take about 4 to six weeks to get certificates when get official notice of reverse split. they told me cgfia has not gotten paperwork to finra or dtcc an they cant do anything about this untill notefied said it would be much faster electronically done. What have others run into with there brokers concerning trading r/s shares, hopeing this doest turn into a nightmare situation or time consuming.
ficose did not here of anyone not being taken care of, believe all eventually satisfied.
ficose I can respond to your post. Back in 2008 it took me more then eight months to get my b shares certificate, plus warrent certificates. I deal with charles schwab an back at that time told hod up do to 50.00 finance charge told to come from me> Provided the fifty dollars but it was a nightmare to get the certificates. Guyer was involved, much carespondence anphone calls, seems like today mm an minipulation of the stock with shorters was involved.
post54497 odc Bankers lend money all the time based on business plan an potential. Circumstances change all the time but a good lone Officer sometimes has to go by instinct an they do especially at little banks an small capitalists. basically what I am saying with the permit in hand almost, like us makeing decision to sell cgfia or buy more, you do that with information an gut feelings! Most here seem to be experienced investors, an no the odds are in our favor now for success more then every so do bankers an financial people- guyer when he said can obtain financing an on bettor terms is absolutely correct.
Appreciate all thinking which has been brought to the table so to speak an believe this to be good for co. So I will be holding my position an adding in the future. Now will actually since co has permit with conditions, wait awhile longer before committing big time.
Reading over some of the comments an interested mainly in mt post stock after r/s price per share 140. How do you arrive at that figure, which by the way is nice figure. Happen to agree but actually would put much hire figure, based on only 5.7 million shares outstanding. Guyer yoused projected 5 year revenue stream but left out what the price of gold,silver,copper will be over the next 5 years,----like possaably 3000.oo gold then 4000 then 5000 post that into the mixwhat should the price of one share colorado god fields be then?
Situation is now completley different from past, why you ask 1- now have permit with conditions took years to get now reality, that is worth fortune, only mill in wide afea of colorado. exclusive big bucks. news release pointed out money now obtainable at reasonable interests rates. would be foolish to sell thuis will beat odds on reverse splits because they have something concret. mill an gold,mines three, with uranium claims, real assets worth over a billion dollars, an now only 5 an half million shares outstanding. Conservatively stock price should be 50.00 a share undervalued now. imo
I have been trying to contact Mr. guyer with no luck when thought ocurd to me,call amnp an ask them about merger with cgfia. Does anybody have a contact phone number for amnp excutive cfo or president of that co. Could at least find out by another maner some pertenite information. There are gentlemen sneakey ways to get insider information an it is legal untill prosecuted.
Does 567 or anybody no if lee rice is involed with medina as an officer or employee as someone on cgfia board aluded too!
Guyer took back or reduced o/s by 25 billion the other day, he has the current finances to work on the mill,so now does not need to dump shares for money. ???? so who is dumping shares now or shorting the stock, if not management, then the market makers, but how does that benefit them! Here is a area I do not understand at all , who or what are the experts in this area of deception. How do you bring them to justice or hog tye them into submission through the court system-----How
post 53056 is justmy speculation an imo
Lee Rice if he is vp of medina is interresting why due dilligence in checking out the assets of amnp. We at cgfia have been thinking there is no reason to merge with amnp because have nothing but six claims in canada. well maybe Rice went to canada an cheked out the claims, something there like gold, silver, cooper, could be a good possability! Hidden assets which wall st unaware exists but rice went an kicked the tires, found worth. (why else would he be involved, he is a mineing man.
I called drams talked to wally ericksons supervisor an he confirmed that objectors pulled out. Officially cgfia has approvel with conditions has been confirmed. P. R. should now come from Guyer an I hope there is reference to where an who the money guys will be. What we dont need is toxic financing but legitamate an honest upfront verification of good money, an reasonable interest rates.
Hearing on thursday, will we be the only one involved or are others being heard as well! Hopefully plenty of time will be given to guyer to make his case. Last lettor received by wally july 26, 12 guyer gave them a list of people who would testify. This list was quite lenthy an with lawyers, how was the reception over the internet? People who listened last time, what should we expect to go down as far as procedure is concerned.
Here we go I put an order in this moring to buy 1million shares went through but should 1000 that was me. How long will mm be playing games with stock cgfia, after get permit! Good luck to all I am done buying now lets see what happens thursday.
Kitt Proimos where are you when you are needed--- rules guy what do you say about the hard rock rules do the drams people play by the rules according kitt the drams only go by the rules they are not human an rationalize, can only go by there rules. so therefor the rules state. inform, hennis are out ,kitt is that not correct!