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agan nobody picks up on the date an my point.----january13th siver wing mine closeing of deal that shoukld alreadey be finilized gentlemen. fearn an guyer getting rich we get screwed diluted to crappolio. new deal happened should have been closed, cant this co get anything done on a timely basis? Co going private meaning the mill if that happens this summer, which it could--what happens to current stockholders. Co goes private makes millions how do you feel about those apples coming up an being true like 5000 to 1 reverse split which was never to happen disscussed over an over on this board--remember long time sharholders. What just happened 5000to 1 r/s didn!t it, now well on the road to a possable just possable duplication!
Jan 13th 2013 is another date where if met conditions that is, cgfi should finally officially own the silver wing mine correct?? WHY BECAUSE of the renegotiated deal between guyer an stephen fearn right, correct yes I think agan jan 13th date comes an goes no answer or P>R. nothing but brennon will be talking about the assays to be released sometime in the spring along with financing, an 567 will be positive off into the sun set!
said I wouldn!t post anymore I lied---Brenndon assays take a good look at the goldking assays reports--they were actually huge, stock that is cgfia went down down down to where we are today, under .05 cents.
Ficose I am now with you will not buy another share, but hold what I have an wait patiently, no doubt this is heading for a class action lawsuit, but have to wait an see. Study all options , lets see how this year for gold an silver works, maybe get a buyout whatever,,wont bother anymore posting will go see my godfather in chicago for advise an consent.
unfortunately it appears to be going hemiheads prediction,takeing co private. Letting you an me an all stockholders holding the bag, with nothing in it, to show for our loyalty! This stock is imploding,down an down! Ever since I bought this stock way back in 2008 for 17 cents a share, from .75cents a share a steady decline in value an dilution. With good news permit with conditions approved after 5 years of burecratic b.S. now 5000 t0 one r/s then immediately goes to 1 billion dilution agan an now surprise of surprise just mite take co private---they management get filthy rich we stockholders get hanged out to dry. I am completly dumbfounded because of the potential an mad as hell!
Agan Knight Piesold tried to call an ask wally erickson about conditions, however could not get him on phone. Also tried to call Guyer He is avoiding an not returning inquires or contacts. Would like to get some clarification on recent stockholder who visited pride of the west mill. Posts stated that equipment new equipment was seen an has been recently installed at mill, mentioned was cost of the equpment added to be several million dollars. Has that been verified by independant sources, as being correct, if so then progress is being made with financing--if not then have a problem with reporting false information to the board.
hemihead is correct an I am concerned greatly, because if co goes private, stock we have becomes worthless. Hemi head what do you see for current stockholders to do legally to change this situation to our advantage. I suggested bp-shares distributed to long term stockholders but iam not big time investor an do not no all the ins an outs that smart attorneys could bring to the table. Quite frankly small investors usually get screwed on a regualar basis, going through the sec who is in the back pockets of smart people in the no.
Thanks L.J. but that goes back to 1978 does wally erickson agree I will make phone call to him for answer. Think that needs clarification and update from drams.
L.J. answer although good look at last sentence mine being inactive since 1883 for king soloman mine--no permit agee with hemi Head
Possably however if cgfi opens mill other mines in other states will send product to be processed that could be an answer!
hemihead post answers my questions 567 youranswer to my post disagree mine an hemiheaqd make lots of sense. Yours mines could be couple of years away from being able to open an we have to have product to mill.
Silver wing mine applied for mineing license with drams how about the other three mines cfgi has contracts with 9 million--are they readey to go from day one when mill has been refurbished. answer think not the case except for the possability of the silver wing mine, but needs money to fix them up remmember the twenty five thousand bond money they have to put up for wally erickson.
Lets disscuss condition of the four mines that allegedly have contracts with 9 million, by the way means nothing if they cannot produce the gold silver etc??????
58786 post567 This thought acured to me in response to your answer to me. (by the way thanks) Mines that are not producing,first have to go through wally ericksons nightmare an since they have not been open an producung gold for years, will have to be brought up to date an modern. Cost them lots of money to do, they should be prepairing those mines now an should have been working on them in anticipation of our mill opening for business they have nt. Problem for our stock price appreciating in value, wouldnt you agree!
Golden Grog great post an I can tottally agree, very insiteful an to the point--said basically the same thing myself! B-shares should be dispersed to long time shareholders as a possably compensation for all the dilutuion,k maybe at an appropiate time in a buy out situation. Whatever
lj thanks for your post thats what I am talking about but how many pick up on those details. You did great,thats how you makr money by discussion an then more discussion leads to answers an new conclusions. More knowledge you have about a subject bettor off you are. Devel is in the details, appreciate the imput L.J.
aquisitions should only be done after carefully evaluateing, how quickly can get through wally erickson an guys we are or should be experts mow in noing thatn is a nightmare!
following up with this, most mines in area are closed for very good reasone especially the enviromental toxic bomb problem. Yes there are aproximately 3000 minein g claims or maybe more in siverton area but have to clear up all the problems an lawsuits--there is no doubt that gold an siver etc still in those areas as goldking mine for istance assays proved but the problems that accompany the goldking mine the majors wont touch because of wally erickson an lawsuits. I stated before we should be very careful in which cos an mines we acquire because of the toxic problems an wally ericksons bullshit.
567 your post where you referred to the mines that gave contracts to colorado goldfields to the tune of 9 million. Question no one has asked not one of these mines is producing gold now silverwing has applied for a mineing permit agan through wally erickson but an however no one is mineing any gold! That is of the four mines you mentioned, if I am incorrect, please provide details. Like how much tonage have they produced over say the last six months would be interesting to evaluate how profitableable they are an then we could escalate or extraplolate our profits. cgfi that is with more clarity.
thought I try a little humor! wake up the board.
Has anybody talked too wally erickson, maybe he has some updates for for cgfi stockholders! (Guyer is lacking, maybe we can through a couple of brueskies wallys way an get some updates, about the conditions clear span etc) What say ya all--worht a try????
assays keep hearing that will propell stock much hire, wrong,wrong wrong go back a couple of years when gold king reserves were reported termendous reserves reported, no results for stock price! Stock went down, down, down an down mill activation along with good producing mines with out envirromental toxic bomb problems,, money money an more money!
Footnote big problem ficose as you alluded too co always kicks the ball down the road. However as they kick it they also kick stockholders by dilution, which has cost me dearly an many other stockholders. They keep renegotiateing there deals which will when mill up an running make them filthy rich, we dont have that choice available to us!
Ficose thank you for a precise evaluation of the long haul here very acurate about this gangs mental minlipulations of events. Clear span agree cost a lot of money, but here is my evaluation. Drams wonts details plan how they put together the clear span on paper to clear up conditions, guyer said in news release that would be easy to do by knight Piesold did he not???? answer yes he did guyer, so that if conditions are met by drams to there satisfaction at least plan submited which works they drams would be satisfied. Do not have to actually build clear span submit plan that will work, am I wrong if so point out why??? Important because banks would invest 10 million without question, I have banking experience, trust me this is a no brainer, lots of money to be made an bankers love money its there business, you no!
Petition to governor certainly got some action, an attention from wally erickson,who finally approved permit with conditions! Lets get frustrated stockholders to petition Guyer for some updates, it is our right to complan an loudly.
I dont no about anyone else but Frustration on knight Piesold it is a key. Now thinking some update from Mr. Guyer be demanded from stockholders, is that to much to ask, I think not!
Here we are past deadline for knight Piesold, nov 21st 2012,now in the past---still no update about there coming up with solutions for the drams. 90 days easyly have the conditions cleared up to get full permit without conditions quarenteeing financing from any big bank. With all that gold in them there hills an cgfi the only one with full permit an a corner on the market---banks would be knocking on there door, to lend 10 million dollars no sweat or pain! But here we are nothing from guyer, what the hell gives.
akgoldminer-- My answer to your question drams conditions in order to get permit without conditions. Nov 21st dead line by KNight Piesold 90 days is important an guyer stated conditions easy to meet, but if so why no comments from guyer an co??? I think because will not meet, they have a history of starting something butn not following through, example silver wing mine deal, just renegiociated,more shares an money--ridiculious agreement was entered into accoring to news releases an a certain element deal to be finalized. What gives--stockholders in the dark an get screwed with big time dilution!
actually yes 567,found out cuple of things I was not aware of very informative. Reason why have quite an extenvive portfolio that requires my attention elsewhere more money involved1
567 thanks for your reply an your correct about opions, frank discussions lead to answers an conslusions. Greatly appreciate your response an understand we will have disagreements but that is how learning comes about! Thanks 567 didnt mean any disrespeck just knowledge about various topics, help one to make or lose money in the stock market!
567 post55845 Silverwing mine stated deal has been closed except for 50,000.00 explan details for instance 24 million shares an what about the 3 million by jan 13th 2013 567 dont misunderstand me I appreciate your imput an just trying to obtain more information. I like you have been around for years in this stock, which does have great potential, however greed is greed, management an especially stephen fearn seems to be in the drivers seat. Thats why I wont more discussion concerning silver wing , stockholders are getting destroyed by dilution of there hard earned money an they management enrich themselves greatly.
clearspan details to be worked out by Knight Piesold agan 567 you stated febuary date. Question if all conditions met an permit approved with none bankers would provide all necessary funds at reasonable rates. So it is extremely inportant yet I get no discussion or input on this topic crazy why not.
Piesold 567 are they getting conditions met, if so explan in more detail please that would be a first. Co has not produced anything, they said would be done by a certain date, always postponed into the future. Basically never happened, mill permit only five years to a conditional permit, but guyer said knight Piesold by nov 21, will have all conditions met. 567 you said it doesnot matter if meet timelines I totally disagree! Guyer made it a point in his news release how easy it would be for Knight PIesold to do, stated 90 days done!
Who owns the silverwing mine an the mill, or controlls both Stephen fearn thats who, not cgfi. People keep telling me deals will get done, no they have nt. Try an keep your eye on the ball, right now stephen fearn is an enployee of co an in the end will make millions, stokholders not nearly. Yet who is putting up the capital for fearn an management, you an me dumb investers with no real say or controll.
B-shares ficose you an I are on the same wave pattern maybe! I think if no news comes out which is substanial like. 1- Deadline 90 days PIesold should have conditions solved so said guyer it is easy to do, that was in his news release. I think wont happen.period 2-silver wing mine aquisition lets get her done. Wont happen 3-controll of co has to be relingquished by guyer to show good faith to stokholders, especially long term holders to prevent lawsuits. 4-Guyer bettor get on the horn to stockholders with something concret. Anybody with comments, discussion isnt that what this board is about????
Gentlemen if knigh Piesold is not successful clearing up conditions, we are back to the past in burecratic B.S. or dam well could be. Why do I keep being ignored I was correct about the silver wing mine it should have been finilized long time ago but wasnt an still up in the air big time. This Cos problem is they have not finished any major event in a timely fashion.
Have been away for a couple of days from message board, has anybody responded to my question concerning knight piesold. (drams problem they knight piesold to have solutions to the clear span an the other conditions to get full approvel by nov 21,2012) Guyer in news release stated 90 days would be cleared up I suspect they wont be that is why I keep asking for info on this item extremlyimportant for the finances being approved by big banks! Agan anybody what is going on at knight Piesold they hold the key to our success with raising the money.
Knight Piesold agan would ask anyone this question agan important???? they by nov 21, 2012 to have the answers to clear span an all the conditions to meet full approvel on the mill permit. Also remember silver wing mine deal was to be finilized by a certain time date it was not an no response from management etc now no why more shares an mon ey for mr fearn an insider, which has current ramifications to the stock price agan going south.
567 so they put a restriction on the b-shares given to stockholders as a bonus. LIke two years say, how about that or some other restricktions could be added to ovoid take over of co for peanuts or what ever! tickey lawyers handle these things all the time.
Post58416 1928 since stockholders do not have any say or real controll over Co (Because B-shares owned by guyer an rice insiders do) Stockholders arent consulted or asked to vote, so why not have guyer & insiders give bonus of there B-shares to stockholders to aviod lawsuits. Old time shareholders please respond (we are here because of great potenial mill permit now in site, with economy collapseing--bodes well for gold.silver an copper Lets get are fair share of this pie, we have provided the money, an are entitled to benefits! Money, Profits if co successfully starts to process gold etc.