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GM Techno, I agree. This one looks ready to pay off.....I missed the last big triple zero QB'er..I do not want to miss out on this one...
CGFIA
I know Awaken....OTCQB triple zero plays are few and far between...this could get legs in a big way and run....
CGFIA
In his American Finance Association Presidential Address, Robert C. Merton proposed, "... an increase in the firm's investor base will reduce the firm's cost of capital and increase the market value of the firm. Thus... managers of the firm have an incentive to expand the firm's investor base."
The MOU sets February 29, 2012 as the date by which the transaction shall be completed.
CGFIA....Older news release here.....Colorado Goldfields Inc. and American Sierra Gold Execute Merger MOU -- Stockholder Base Increases to 15,000 Shareholders; Company's 4th Acquisition in Major Roll-Up Plan
Gold Stocks
LAKEWOOD, CO, Nov 01, 2011 (MARKETWIRE via COMTEX) -- Colorado Goldfields Inc. (OTCQB: CGFIA) (PINKSHEETS: CGFIA) announced today that as part of the Company's roll-up growth strategy, CGFI has entered into a Memorandum of Understanding ("MOU"), with American Sierra Gold Corp ("American Sierra"). The MOU, which provides for customary due diligence, intends to make American Sierra a wholly owned subsidiary of Colorado Goldfields Inc. Existing shareholders of American Sierra will receive a ratio of Colorado Goldfields Class A shares in exchange for their American Sierra shares.
American Sierra Gold Corp. incorporated in Nevada on January 30, 2007. They are focused on the acquisition, exploration, development, mining, and production of precious metals, with emphasis on gold and silver. The Company's plan of operation is to conduct mineral exploration activities in order to assess whether the sites possesses mineral deposits of gold or other precious metals in commercial quantities, capable of commercial extraction.
The Board of Directors of American Sierra view this merger as an opportunity to join forces with a company that has similarly aligned goals and values, and is farther down the execution road. Aside from the obvious economies of scale, the synergistic benefit is very high.
"We are as a company looking forward with great enthusiasm to joining forces with Colorado Goldfields toward accessing Colorado Goldfields' existing and new mining exploration and development opportunities as well as the outstanding value-add presented by the much anticipated near term launch of The Pride of the West Mill," stated James Vandeberg, President and CEO of American Sierra Gold.
"Colorado Goldfields believes that this merger is advisable, and is in the best interests of the Company and its stockholders. The broader shareholder base will increase the attractiveness of the Company in the investment community and bring an increasing level of liquidity and trading efficiency to Colorado Goldfields' stock. Market capitalization will increase. Furthermore, the addition of shareholders will be anti-dilutive since net loss per share will decline. Historically, it is expected that the shareholder value of the firm after merger would be greater than the sum of the shareholder values of the independent companies," stated C. Stephen Guyer, Company CFO.
In his American Finance Association Presidential Address, Robert C. Merton proposed, "... an increase in the firm's investor base will reduce the firm's cost of capital and increase the market value of the firm. Thus... managers of the firm have an incentive to expand the firm's investor base."
The MOU sets February 29, 2012 as the date by which the transaction shall be completed.
Gold stocks
About Colorado Goldfields Inc. Colorado Goldfields Inc. (OTCQB: CGFIA) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-KSB filed on December 27, 2007, and as amended on March 3, 2008, which is on file with the Securities and Exchange Commission, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. This press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Contact:
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com/
CGFIA....Fully compliant OTCQB Co. Link here...
http://www.otcmarkets.com/stock/cgfia/quote
Welll I think the wait is over albosafy, IMHO your mine just delivered for you. GLTY
CGFIA
The Silver Wing Mine consists of 10 patented mining claims across 70 acres in San Juan County, in southwestern Colorado known as the Silver Wing Mine.
"A thorough study of geological structures, past production, core drilling and extensive underground sampling records indicates that the total resource of the Silver Wing Mine could exceed $200 million with approximately 80% of the resource value composed of silver and copper minerals," stated Lee Rice, President & CEO for Colorado Goldfields.
Tues Dec 20th ~ Colorado Goldfields Inc. Obtains Approval From State of Colorado for Silver Wing Mine; A Potential $200 Million Silver and Copper Value
LAKEWOOD, CO--(Marketwire -12/20/11)- Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (Pinksheets: CGFIA.PK - News) announced today that the Colorado Division of Reclamation Mining and Safety ("Division"), has approved its application to begin work at the Silver Wing Mine. The formal name of the application is "Notice of Intent to Conduct Prospecting Activities." The application was approved on November 18, 2011 and is the third consecutive approval of a permit received by the Company from the Division.
Activities to be completed under this initial approval of work at the Silver Wing Mine will include re-sampling key areas of the mine by taking approximately 250 channel samples to verify records of sample data taken by prior operators and consultants. In preparation for drilling, work will also include the verification of underground mine maps, evaluation of prior underground development work and the condition of existing workings. This information will be utilized to develop an on-going core drilling program and an initial mining plan.
The approval of this project is particularly significant because it allows for an investigation to be made to determine the source of the existing mine drainage of approximately 20 gallons per minute and evaluate the potential for controlling or eliminating this discharge with an underground grouting program which could avoid the need for a discharge permit. If it is determined that the discharge cannot be eliminated, then an evaluation will be made of what actions can be taken to minimize the discharge, and assuming a permit is required, what permit conditions would be most effective and appropriate for preventing discharges of pollutants into the Animas River.
"Colorado Goldfields is working to find the best way to address a very long-term, pre-existing problem. The approval by the Division of this work, I believe shows confidence in our expertise and reinforces in real terms the Company's commitment to proper and careful mining in the area," stated Stephen Guyer, CFO for Colorado Goldfields.
The Silver Wing Mine consists of 10 patented mining claims across 70 acres in San Juan County, in southwestern Colorado known as the Silver Wing Mine.
"A thorough study of geological structures, past production, core drilling and extensive underground sampling records indicates that the total resource of the Silver Wing Mine could exceed $200 million with approximately 80% of the resource value composed of silver and copper minerals," stated Lee Rice, President & CEO for Colorado Goldfields.
Gold stocks
About Colorado Goldfields Inc.
Colorado Goldfields Inc. (OTCQB: CGFIA.PK - News) (http://www.cologold.com) is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.
The Company has made available a current CGFIA Fact Sheet in PDF format at http://www.cologold.com/uploads/CGFIFactSheet.pdf.
Notice regarding forward-looking statements
This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements or information includes statements regarding the expectations and beliefs of management. Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration program and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-K filed on November 23, 2011, which is on file with the Securities and Exchange Commission at http://www.sec.gov/Archives/edgar/data/1344394/000095012311100285/0000950123-11-100285-index.htm, as well as the Company's other SEC filings. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.
Cautionary note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press release), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov/Archives/edgar/data/1344394/000095012311100285/0000950123-11-100285-index.htm, his press release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
.
.
Contact:.
.
Investor Relations
Colorado Goldfields Inc.
866-579-9444 or 303-984-0524
http://www.cologold.com
Good morning all.....CGFIA on Twitter was all lit up last night about this one....Looks like an early Xmas today.
And when she blows no clue where it stops. Could be an easy triple if everyone plays nice once it runs....I love these little triple zero hitters...I really do.
I am basing it on the amount of attention this board is getting tonight. This is always the precursor IMHO of some real $$$ about to hit on a play...this might make for some serious noise tomorrow!!
I bet those CGFIA 3's fall in 30 minutes at open tomorrow. This is getting major attention this evening...imagine opening bell tomorrow!!
Holy smokes...this board is lit up this evening...I knew something was up here. Looks like I can get in early here.
CGFIA
CGFIA....it is ready to break bigtime blades. Could be a gold mine,...no pun intended sir.
OOH...That chart is ready....look at the stretch of 3's.....man when this goes it could be bigly.....I like my triple zero plays and this one looks ready.
Evidenty they did. That will turn out to be a big mistake IMHO. This one looks like my Xmas present come early......GLTA
Endless supply of $.0002's hitting us from Ohio IMHO. I am sitting with a pile of $.0003's to sell and those folks know it. Prepare to sit on this $.0002 PPS for a while, 'cause I am not feeling like they want to let me out....UGH!!
ABOT...what a run!
If you are buying, I am holding. Thanks for the push today, HBRM needed it!
SRCP...filed the Atty Letter for Current Status today. Link is here..
http://www.otcmarkets.com/financialReportViewer?symbol=SRCP&id=68751
I dunno either. These fellas in Ohio are amusing at best. Hopefully someone realizes they are no longer current and they get their atty on it pronto.
This is my best tax loss again...two years running...why ruin a good thing 'eh?...LOL
Hopefully....Why would they let it lapse is the real question...
SRCP....Yield Sign back up. NO LONGER CURRENT STATUS ON OTC. NEXT IS STOP SIGN, THEN CAVEAT EMPTOR...EEKS....WE NEED COMPANY TO ANSWER TO THIS QUESTION...
Mr. SRCP CEO..."Why did you not stay current on your filings?"
Not quite, it is El Paseo Blvd. in Palm Desert CA. Good to see you on the FBCD board.
Perhaps they will. FBCD!
It is about time. Sincerely about time that we are generating revs vs. selling shares at discounted prices...This will end up being my longest hold ever. I see this in my portfolio in 5 years trading in the low to mid dollars...All of course IMHO....GLTA here.
12/15/11 NEWS!! TiVUS Commences Live Hotel TV Ad-Insertions
Tivus (USOTC:TIVU)
Today : Thursday 15 December 2011
TiVUS Commences Live Hotel TV Ad-Insertions 'Company ushers in new era of hotel-industry TV revenue'
PR Newswire
OMAHA, Neb., Dec. 15, 2011
OMAHA, Neb., Dec. 15, 2011 /PRNewswire/ -- TiVUS, Inc. (OTCPK: TIVU) today announced, that for the first time in the industry, it has begun inserting its own TV commercials on top cable TV channels of the Company's satellite based proprietary high-definition (HD) internet-protocol television (IPTV) with ad-insertion platform.
"TiVUS' pioneering first ads began running this month," commented Shiva Prakash, TiVUS' chief executive officer. "Based on this success, we believe TiVUS has forever changed the way hotels fund, implement, and leverage in-room TV entertainment technology.
"By fully exploiting TiVUS' innovative revenue model, we believe we have successfully demonstrated TiVUS' unique-to-the-industry in-room TV, which places local and national advertisers in-front of millions of ready-to-spend consumers annually. I anticipate future deployments of our HD IPTV with ad-insertion as the platform begins generating its first monthly revenue shared with the hotel.
"On the system sales front, Phil Marriott, our executive vice-president of sales, reported to me he is aware of several hotel properties that are are month-to-month with legacy providers awaiting TiVUS successful proof-of-concept.
"Significantly, we also expect to see the beginnings of advertising revenues this month as TiVUS, Inc. now begins its transition from a development stage to a revenue-growth stage company," Prakash concluded.
About TiVUS, Inc.
TiVUS, Inc. is a technology entertainment services company providing Internet-based TV and Cable programming, interactive game content, and goods & services to the hotel/hospitality industry. TiVUS' unique HD IPTV system is a complete hotel entertainment platform that, for the first time in the industry, generates previously untapped income for the hotel through ad-revenue sharing. For more information, please visit www.tivus.com and www.tivusconnect.wordpress.com, www.facebook.com/tivusconnect or www.twitter.com/tivusinc.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update forward-looking statements as the result of new information or future events. We urge investors to review the risks and uncertainties within its filings with the OTC Markets and/or Securities and Exchange Commission.
Media Relations:Steven Haag (832) 577-2380 stevehaag@tivus.com
SOURCE TiVUS, Inc.
3-4M a day dumped at the bid is $300-400 a day. 22 days to trade in a month makes that $7,700 a month x 12 months = $92K a year on one stock. That my friends is good money in Cali, New Mexico or even Ohio. No way to stop this dumpfest IMHO as this fund cares not about anyone here who has been long on this one. Good luck to all...BTW...someone please take out my 7M at $,0002 and give me tax loss for 2011. TIA.
HUGE NEWS OUT!! ..Invesco Mortgage Capital Inc. Announces Share Repurchase Program and Investment Portfolio as of November 30, 2011
http://finance.yahoo.com/news/Invesco-Mortgage-Capital-Inc-prnews-822490523.html?x=0
Press Release: Invesco Mortgage Capital Inc. – 1 hour 50 minutes ago.. .
ATLANTA , Dec. 13, 2011 /PRNewswire/-- Invesco Mortgage Capital Inc. (NYSE: IVR - News) (the "Company") today announced that its Board of Directors has authorized the Company to repurchase up to 7,000,000 shares of its common stock. The shares are expected to be repurchased from time to time through privately negotiated transactions or open market transactions, including pursuant to a trading plan in accordance with Rules 10b5-1 and 10b-18 under the Securities Exchange Act of 1934, as amended, or by any combination of such methods. The manner, price, number and timing of share repurchases will be subject to a variety of factors, including market conditions and applicable U.S. Securities and Exchange Commission rules.
The Company today also announced the composition of its investment portfolio for the month ended November 30, 2011 and provided the following commentary in response to inquiries regarding the reduced dividend.
"The last five months have been characterized by increased European bank and sovereign credit funding stresses. In response to the associated volatility, we have taken a more defensive posture over the quarter as book value preservation remains our primary focus. We believe our recent actions to be in the best long-term interests of our shareholders," said Richard King , Chief Executive Officer and President.
While we continue to see, and act on, attractive risk-adjusted return opportunities in our target asset classes, the interconnectedness of the global financial markets must be acknowledged. As a result, during the quarter, we sought to position the Company's assets in a way that preserved book value while maintaining flexibility to make attractive investments. During this period of market volatility we have positioned the Company's portfolio to be in a better position to take advantage of market conditions in coming quarters.
The dividend reduction is a result of the market environment and portfolio repositioning. Leverage on credit assets in the fourth quarter was reduced due to lower borrowing advance rates and lower asset prices, while repurchase agreement funding costs rose. In addition, we experienced lower asset yields due to faster prepayment speeds on Agency RMBS (CPR's of 14.4 and 13.5 in October and November respectively) and slower prepayment speeds on non-agency RMBS. Finally, the company's last forward starting swap commenced in the quarter which further increased funding costs. While we have seen more stability in our book value during the fourth quarter, we did not see any significant improvement in the value of our credit assets and interest rate swaps.
About Invesco Mortgage Capital Inc.
Invesco Mortgage Capital Inc. is a real estate investment trust that focuses on financing and managing residential and commercial mortgage-backed securities and mortgage loans. Invesco Mortgage Capital Inc. is externally managed and advised by Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ - News), a leading independent global investment management company. Additional information is available at www.invescomortgagecapital.com.
Cautionary Notice Regarding Forward-Looking Statements
This press release may include statements and information that constitute "forward-looking statements" within the meaning of the U.S. securities laws. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, targets, expectations, anticipations, assumptions, estimates, intentions and future performance. In addition, words such as "will," "anticipates," "expects" and "plans," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements.
Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. There can be no assurance that actual results will not differ materially from our expectations. We caution investors not to rely unduly on any forward-looking statements and urge investors to carefully consider the risks identified under the captions "Risk Factors," "Forward-Looking Statements" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our annual report on Form 10-K and quarterly reports on Form 10-Q, which are available on the Securities and Exchange Commission's website at www.sec.gov.
All written or oral forward-looking statements that we make, or that are attributable to us, are expressly qualified by this cautionary notice. We expressly disclaim any obligation to update the information in any public disclosure if any forward-looking statement later turns out to be inaccurate.
Maybe MM's moving shares around before the end.
I may add to my stack as well. Seems like I got nothing else to lose...GLTA
I hope so jims....I hope so. SRCP has so little action now it is crazy. 4th Qtr financials should be healthy indeed, but we would then need the company to start releasing news on a regular basis to start this thing again....I dunno, I am hopeful that 2012 is the year they finally run the hell out of this one...
Hearing that his one is likely to R/S before real stock price appreciation happens here. Not sure if this is likely to happen 1st quarter 2012 or later. I hope it does not happen. I really hope this has better legs than that.
18 months in and I would say no. Sorry, but I drank the kool-aid from being served by a bunch of slick mofo's. So my average is a 15 bagger from, the likes of which I will never see. No way IMHO this has anywhere near a penny in it. Sorry LUCKY CHARMS, I do not want to bust anyone's bubble. GLTY and all here.
GLTY. I have been watching this a long time.
Still hold 165K in an old IRA at a cost of nearly a penny. Almost forgot about them, until my ex called me and asked what we should do with them. I guess that answer is nothing. based on the PPS!
You are right jims.....We need real news, real quick.
Talk about selling on the news a day late. This is ugly. Really, really ugly. No need to even post here until the bleeding stops. GLTA