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.
No application for mining permits were ever filed (MSHA ID: 0203281) yet they've been selling stock as if a 10 year stream of ore was on its way.
If you can't provide evidence that a mining application was ever submitted, there's your proof.
It's registered, but listed as abandoned with no updates. If they plan on getting any gold from the mine they haven't filed any papers to start.
Here's the mine ID:
0203281
Another bad sign is their tech report references drill reports nobody has seen and their mystery drill report lists their best pay at a depth of 95 feet. That's a lot of overburden to remove from a surface mine. They wouldn't be able to cover fuel costs at that depth.
I'm familiar with the tedious processes of the BLM. Where are you getting that Doc Watson Mine is on BLM land?
http://us.businessesforsale.com/us/Very-Rich-Placer-Gold-Mine-In-Mohave-County-For-Sale.aspx
Doc Watson Mine production date?
I remember someone saying October of 2014, but I can't find that date in any of their releases. Does anyone know when this mine is supposed to start production?
RE:
Where is that proof that has supposedly been shown...
RE:
Everything stated regarding CFGX business operations that I have posted about has come from his website or the filings.
RE:
Still waiting on that supposed Information...
RE:
CFGX CEO Paul Norat made that statement in reply to a question.
RE:
Why is CFGX "no bid"?
RE:
I am confident CFGX CEO Paul Edward Norat will succeed in bringing this company to profitability.
No reverse split is great news?
That's like getting shot in the ass and saying, "At least it wasn't a larger caliber".
No reverse split? Everyone thank Paul Edward Norat for that. It's a huge favor.
No way! CFGX was mentioned in the same article as Groupon who has millions of dollars in sales every year! Surely if CFGX was mentioned in the same article it must be a legit company. Nobody would intentionally mislead potential investors. Right?
New CFGX promotion starting.
Guess Paul Edward Norat isn't finished with this yet.
http://www.techsonian.com/stocks-in-the-news-groupon-grpn-capital-financial-cfgx-sunedison-sune-greenshift-gers/12392667/
Funny how they group CFGX with companies that actually do something.
Shouldn't I be chasing this now?
RE:
shareholders started contacting his wife and kids on twitter
Paul Edward Norat will be back.
The name Capital Finance Global is toxic. There are probably still a few idiots that will fall for this, but not enough to earn a healthy income.
The name Paul Edward Norat is just as toxic, so he can't get a real job working for someone else. No legitimate company would want to be involved with his bad name.
His only real option is to start over with a new company under a new name. I do hope he does. This company is coming to a close and I'm going to miss it.
After 2 days of zero volume someone just spent $40 on CFGX.
It's blowing up! HAHA
RE:
CFGX did not go to no bid by .0001
That's positive right?
Not a single sucker born today.
RE:
it will not matter what is in the filing because it will be a lie anyway
RE:
I hate to break it to you but $cfgx could go 6 months without filing and it would still be in it's right to do so as it sits with it's classification.
Thank you all for being so open and honest.
Despite Paul Edward Norat never completing a deal that has earned a single dollar, we can all conclude that the current silence must mean that he is working on a huge deal that is worth millions. He also seems to work out of a shared office without a working phone, but continue buying shares. Nothing to worry about.
You're all going to be rich. Go CFGX.
I appreciate all your opinions.
RE:
$cfgx is going to the moooon!!!!!!
Re:
Thank you for your opinion, however that is inaccurate. I recommend reading the report.
1. Jacobs Assay of 10 Brent Palmer “Core Drilling”, e-mail Mar 5, 2013 ? Ten, 95-foot deep drill holes (date drilled unknown, drilling method not indicated), located “on west side of the road” (see Appendix IV with single point of location, SW ¼ of SE ¼, Sec 13, T29N, R18W), holes sampled every 5 feet (Appendix III), e-mail indicates for all “10 shafts” and “almost 200 test(s)” that average 4.5535 gpt, with lowest 3.125 gpt and highest 7.036 gpt (no indication as to sampling, concentration or analysis methodology).
The assay certificates and other supporting information from the C Rose evaluation and Jacobs drilling programs were not available for the author's inspection.
Note that none of the historical classifications have been verified, and therefore do not meet NI43101 standards for verified historically estimated mineral reserves or mineral resources for use in current estimates released to the public.
RE:
In case you didnt read the article I posted here's an excerpt of a newmont mine in neveda and the numbers they're working with.
You've been a great help today.
They also state the findings match various other reports done on the same property.
RE:
Most of the mine is a hill, you just dig into the side of it.
Not an opinion. It's their report.
Even if fuel costs went down to $1 per gallon, 1.1 grams per ton at 95 feet deep can't be recovered at even a tiny profit.
If you genuinely trust in Paul Edward Norat, believe that. It's from his own report.
Sorry. My estimates were way off.
In a previous post, I stated the following:
For the math impaired, they would have to move a little over 25 tons for an ounce of gold. The price of gold is hovering around $1200 an ounce. According to their own estimates they hope to recover about $48 in gold per ton. At those estimates they can't even cover fuel costs.
RE:
It's way better than the newmont mines in neveda.
I've been reading it. If you see something in the report that's clear as day post it up. The only thing that is perfectly clear is the report is inflating even their low estimate.
Thanks again for sharing that report. If you have any links to other technical reports, I'd like to review those too. Thanks in advance.
They are excited about 1.1 grams per ton? HAHA
I see them talking about depth estimates, but where are the drill reports? How did they come to the depth figures without a drill report? A technical report that mentions depths has to have a drill report to show mineral breakdown.
For the math impaired, they would have to move a little over 25 tons for an ounce of gold. The price of gold is hovering around $1200 an ounce. According to their own estimates they hope to recover about $48 in gold per ton. At those estimates they can't even cover fuel costs.
I see what they tried to do with the report. They used low estimates and multiplied them by an unachievable number to give the illusion of high profits. I guess they were hoping everyone would just assume Paul Edward Norat was open and honest. The estimate they gave is probably even high, but even using their own estimate there's no money to be made and the way it was presented was deceptive.
I didn't see that report, so thanks so much for sharing it. Otherwise, I never would have been able to point out this attempted deception. Also, no need to thank me for my opinion. It's not my opinion. They are facts from their own reports.
It's up 100%! Quick! Someone post up a chart! HAHA
RE:
A scam would have pumped the stock relentlessly to dump at reasonable prices.
RE:
I welcome any factual proof that demonstrates anything
I don't know how these things work.
Are we at the dumping part now?
Doesn't take much to get hopes up.
Never complete a deal and hopes are up. Don't share anything and hopes are up. Some are just very hopeful people.
RE:
CFGX is not filing because they have something to hide.
How is CFGX spending stock capital?
I'm trying to find proof of any completed deal that is not a statement released by CFGX. I can't find any instance where a company has benefited by CGFX involvement.