Just trying to make a buck or two!
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AK, I see a Half a buck...
5000 X .0001 = .50
But I have been sampling the Grog recipes all day... Someone check my figures, please.
$CGFIA
Brendan, Guyer's boat floats right along side ours, on the same tide. His fortune is linked to ours.
He has had no pay since 2009, and only has stock to live on. Anything that hurts us hurts him too.
Lets just stay calm and see waht the facts tells us.
$CGFIA
THAT DID IT!!
We are over the 7 billion mark!!
Officially 7,065,080,606Shares!!
Great cargo we have aboard.
Keep loading our boats and reporting our cargo till we are loaded up to the gunports!!
$CGFIA
I didn't want to put any "buying pressure" on the crew right now. In a short time we will need their energy to raise the canvas and set the course for a rapid crossing to "Penny Plus Land"!
Don't forget to report your buys in the survey everyone! Just fill out another survey with the additional shares. Thanks!!
CGFIA "ARMADA" UPDATE
HOT OFF THE SURVEY,
https://www.surveymonkey.com/s/XZS5C33
(just click to participate)
The survey says:
6,985,080,606 SHARES by this board and friends.
This is about 38,169,839 per submission to our little survey.
Come on everyone, lets see if we can hit SEVEN BILLION before the end of the week. The survey is confidential. No one (except myself) can see the numbers you submit.
And "Grandpa AK", nice little "nestegg" you added today for your new grandkid's college education fund!! (With a bit of luck, an ivy league tuition will only be a fraction of it's future value!)
Thanks to all who participated so far in our CGFIA survey.
Good Luck to all CGFI investors!!
$CGFIA
Thanks Borgon. We should hit 7 Billion very soon!
$CGFIA
Hey, Odega!
Here is the way I understand the price situation you describe.
The broker you use, (Etrade, Scott, etc.) has a responsibility to their clients to get the best price possible for them, when buying, no matter your offered price. So if they see .00015, they have the responsibility to buy the requested number of shares at the lower price even if you put in a market .
Believe me, the Market Makers would take your money if they could, but the brokerage side of the industry is representing you, their client, and the benefit should be passed on to you.
Hope that explains it.
$CGFIA
Hey Ak, or should I say "Grandpa"!! Congratulations!! Grandchildren are the best. You can spoil the hell out of them and then blame their parents!!
My apologies to you and the rest of the "Armada's crew" for my absence lately. I have been distracted with a few "neighbors in need" this last week. Thanks to all the good people around them, they are getting the help they needed. (Makes one feel good about your fellow man seeing this.)
Anyway, a quick update on the Armada Share Count survey. We are at 6,977,080,606 shares reported by over 180 shareholders.
Almost 7 BILLION!!
I'm getting reports from all over, including shareholders who are readers of this board, but not members of iHub. Thank you all for your support in this survey.
It looks like we collectively are holding quite a large portion of the float. The 7 billion is about 27%, and with CGFI's executives shares we should be about 40%. Not bad for the present share structure. (And I suspect that there are more shares held by other individual investors, making the "little guy" stronger than a lot of the brokers and MM's. (in reference to CGFIA)
Hang on to your shares and your seats everyone. The ride is getting very interesting. I see calm seas on the horizon.
(and AK, the new recipe for grog was supposed to be a secret. But I am having fun sampling the "mistakes"!!)
$CGFIA
I have a feeling that the Sheriff and his deputies would be the ones needing the warnings!! (Like "Watch out for Grizz!" or "Try the Grog, but beware of the possible genetic damage it may cause!")
Sounds just like the type of town that would enjoy the party right along with us all!
If they send us to Durango, we could never have as much fun as we would in Silverton!
For the duration of our stay we would make the town the little "Las Vegas" of Colorado!! Well, except for having Wayne Newton. (But I bet, just maybe, we could work out a deal for him to do a performance for the town, if the price was right.)
The jail will only hold about 3, so I think the police will stay in there and let us have the town for a while.
We could just post a bond first, and start running a tab for our "party".
Then just split the bill at the end of the event. Sound like a plan?
I can't possibly drink that much by myself. Think of it as a "Silverton Fund", so we have an obscenely generous amount of libation to keep us, and the CGFI employees, busy for a fortnight or so!
Roman orgies haven't been this large of a party!! (but no gladiators, please. Pond hockey instead!)
Thanks, Sem1.
WOW!! That is a fairly good size of the float. And I know there are many more shares that are held by other common people that makes that even better.
Between the officers of CGFI & the "Armada" I think it is safe to say we have at least half the float tied up.
We can make the market makers howl if we stick together!!
$CGFIA
We need to calculate it in "minutes per share" for it to be a comprehendible value.
The three most time consuming things my mind spends time contemplating:
1. FOOD
2. SLEEP
3. STOCK VALUES
Yeah, we definitely need a life coach at least.
Dr Phil, paging Dr. Phil!!
Just watch "The Hangover, Pt II before you make any travel plans.
Monkeys, face Tattoos, and missing fingers just don't seem like my idea of an "A" list vacation!!
But if I have enough money, what the heck, I could be convinced!!
So CGFI needs to keep the momentum going and the "conditions" dropping. Progress on mill readiness is the key now.
But personally, I have to agree with ficoce's observation that a PR right now would only help sell the MM's shares. So any expenses to PR news should be held till it helps the company. And the bigger, more comprehensive the PR, the better impact will have.
JMHO
$CGFIA
Akula;
Go into the survey and complete another survey. Just use the additional shares, not including the original shares from the first (or any previous) submission.
When I first set up the survey, I was using the free version. Since then I purchased a subscription. (The subscription will let me do more complex surveys and let respondents change their survey counts. But that will need to wait for survey version 2.0)
Thanks for asking Akula.
The total number of respondents will be off in this survey, but it is the total share count that we really care about.
Here is a good question for those who know.
If we have 7 billion shares among us, what % of the float do we control??
Anybody have an educated guess?
Thanks in advance.
$CGFIA
Not irrelevant at all, HD! We all need the basics reinforced in our minds from time to time.
Showing how a $100 investment grows or shrinks compared to a quoted % helps everyone.
$CGFIA
Thank you Jazzpa!!
That's exactly the point I was stating in my posts last night.
All of a sudden the short selling volume of CGFIA has stopped. It can be charted back to August 9th, the day the "approval with conditions" was announced. Just two days before that, the short sales were 2/3 of the daily volume.
And what do you think the cause of the disappearing short sales is?
Seems pretty obvious to me.
The market now believes CGFI is going to be viable and profitable. They stopped betting against it. But they are also trying to cover their enormous short position before the price is allowed to rise.
$CGFIA
CGFIA ARMADA SHARE COUNT!!
The total number of shares as reported by the 178 responses to our survey are: 6,971,367,249
That's only slightly less than 29 million short of 7 BILLION!!
See the link at the top of the stickies to report your shares in our confidential survey.
Thanks!
$CGFIA
Just do some DD first. You will feel much better about your decision if you do.
And don't invest more money into any stock than you can afford to lose. Think of every penny stock as a gamble, like going to a casino. Odds are against you, but every now and then you hit a jackpot.
Ask the board if you have questions. There is a lot of collective knowledge among the people here. Most guys will give you a link or a direction to help find some information you are looking for or to confirm.
(and don't be afraid to ask any question. The only "dumb" ones are the questions that don't get asked!)
Good luck!!
$CGFIA
Ha! It is a moot question in this regard now since the DRMS has granted CGFIA "Approval with Conditions".
And resurrecting such old conversations is the basis of what?
Oh yes, just another attempt to deflect the conversation, away from the current subject matter.
Sorry, no sale.
Keep guessing.
$CGFIA
Thanks, BD, I always need someone to check my numbers when I do them on the fly.
It just proves my point even better.
That percentage is 10 times better for us and CGFI.
(I need to start using my calculator and stop counting on my fingers and toes!)
$CGFIA
I hoped it was less of a drive and a bit more like a putt!
You are still not grasping the full idea. I didn't say one particular day. I said SINCE that day. Look at ALL the trading days since then. It shows a clear pattern of almost a complete elimination of short selling CGFI stock since the Approval with conditions was granted to POW.
The numbers will surprise you.
$CGFIA
My pleasure, gentlemen. Just trying to share the clearest information about CGFI I can with anyone who asks nicely.
We need to spread the word.
$CGFIA
The count is up to: 6,965,604,599 CGFIA common shares from about 175 shareholders or about 39,577,298 shares each.
Duclean93, the way a stock price works is the value of the stock is determined by the assets the company has and the earnings it is expected to make. When that is recognized by the market, then investors will start buying the shares.
To recognize the stock's value, the investors will want to see verifiable or expected value. Verifiable value is what the company can prove, such as contracts for work, past earnings, or in this company's case, a working mill along with the estimated (assayed) precious metals in the mine leases it holds.
So, a company can have 24.7 billion shares of stock outstanding, and still have buyers. It isn't a question of supply and demand like in other commodities, it is a situation of "proving up" enough resources to make each share of stock worth the price that is being asked.
That means that if there are 24.7 billion shares and the price is .10 per share, then the total worth of the assets of the company would have to be $2,470,000,000 or about 2.5 billion dollars.
Now that number (.10) is arbitrary right now. The official assay results are not known. However historical figures, the numbers that the miners who used to operate the mines could prove, are estimated to be reasonably high.
The Silver Wing mine is believed to have well over $300 million in silver alone.
The Brooklyn mine had some preliminary results earlier this year that showed a gold content in each ton of ore that doubled the historic expectations, (1.3 oz per ton) and the silver content was also much higher than expected.
At $1500+/- per ounce of gold, and a capacity to mill 700 tons of ore per day, the numbers start to add up fast. At those numbers, estimates would put the mill at $1,365,000 per day or $355 million per year, working 5 days a week, from the one mine.
Other sources of income for CGFI is what is referred to as "custom milling" or "toll milling" where the mill gets a percentage of each ounce of gold or silver that is milled. The Pride of the West mill already has contracts for $9 million in this type of work. (That is before they start working on their own mines.)
All these numbers are available in research, if you wish to do the looking. I highly recommend that you do your own due diligence.
Even if this stock only goes to .01, or 1¢ from here, that is a 1000% increase. Where can you find a return like that?
Keep asking questions and reading. You will either come to recognize the potential, or decide not to invest. Either way, it should be your decision, no one else's. There is a risk with every investment, and research is the only way you can be aware of the risks.
Good luck in your investing and research.
$CGFIA
BBQ sauce makes everything better, don't 'ya know. And it covers all sorts of things till you can't recognize what it was originally.
Try it on the frog legs, tell everyone they are chicken, and no one will know the difference, except if you leave those darn webbed feet on 'em!
I'm pretty sure you can at least "paste" with a good thick BBQ sauce.
What's that? Oh, sorry the recipe says "baste"! Never mind!
One still can't add or modify words in a quote and present that it is a "quote". That is just dishonest and definitively misleading.
And the original post was not about the price per share at all.
If the PPS is the subject, then talk about the PPS. Your post deflects the topic. (And it wasn't even your post, so how can you state what it was intended to mean?)
The post by Kitt that I responded to said NOTHING about the PPS. So why does your post try to interject that into the middle of the response?
Trying to misrepresent a statement by a government agency and make it appear as something it is not, creates an opinion, not a quotation.
The bottom line is, the DRMS granted CGFIA "Approval with Conditions", plain and simple. There was no mention of "partial approval" in ANY document to CGFI by either the DRMS or CMLRB.
And your post asserting that the PPS "TELLS THE STORY" is quite short sighted. It says nothing about the value of the CGFIA, the POW mill or its potential.
It only reflects on a very small time period (just the last day or so) and how undervalued the stock is right now. The market is shortsighted and is indicated by how much they have "shorted" the value of the stock.
If one does look at the short sale numbers, one will see a distinct trend reversing that opinion over the last few days.
I wonder what is driving that reversal??
$CGFIA
Quote:
"The permit was PARTIALLY approved"
WRONG!
No where does any DRMS or CMLRB document show that fictitious, made up classification.
All documents say "Approved with conditions".
Now if quoting documents one is allowed to embellish segments with additional words, then it really isn't quoting, it is editorializing, or just simply the poster's "opinion".
We have all seen just how valid those have been.
How about a link showing the "PARTIALLY approved" verbiage used by the DRMS?
Can't be done, because it doesn't exist.
$CGFIA
"Mining in Colorado's San Juan Mountains on a comeback"
Article from today's Denver Post:
http://m.denverpost.com/denverpost/pm_9034/contentdetail.htm?contentguid=LRkq7zmZ
$CGFIA
A gift? Another overstated erroneous claim. No way this was a "Gift" to CGFIA, or Mr. Guyer!!
I don't know what constitutes a "gift" in your post's standards, but the AM-03 has been a phenomenal amount of hard work by any reasonable standard, all done by CGFI.
There are no "gifts" when dealing with government agencies. (That happens to be a felony. Is that what your post implies, the DRMS is committing felonies?)
Do gifts come with a required $512 thousand bond by the "giver"??
That post is utterly ridiculous a nonsensical.
This is the definition in the English language:
"A gift (or a present) is the transfer of something without the expectation of payment."
Making stuff up does not make it true, no matter how you spin it.
And to top it off, we are almost at 7 Billion on the CGFI shareholder survey. Not bad for a little over 160 people.
I will put up a more accurate number later. I am hoping to show the 7 million tomorrow by noon.
Hang on and hang in for the big ride.
$CGFIA
Yup, it still is. Just a little lesson in perception, hidden in a bit of entertainment. You can read a statement and see what you want in it.
Lots of ways words can be taken to mean different things. (I enjoy double and triple entendres.)
That's why I recommend everyone do their own research, even if it is just checking up on another person's post.
But, looking at the size reference I made, you don't need a big boat to catch a big fish, or even a lot if small ones.
I knew you, and others, would get the alternate meanings.
You have to admit, it does put a smile on your face, as long as it isn't too vulgar!
Welcome to "MT's Funny Farm" where the jokes and the laughs, along with the quality of the Grog, are all dependant on your ability to imagine the best!!
If I offend, I apologize.
$CGFIA
Nah, guys, there is always room in the Grog locker! (and better fringe benefits too!) You just need to get used to sleeping on top of a keg or two.
Besides, the bilge is going to be filled with gold and silver, just like the Spanish did with their "Treasure Ships" returning from the new world.
They ditched the ballast rocks and used the "booty" as ballast. (now that is being obnoxiously rich, no?)
Hey, that's what CGFI can do with the tailings, fill the boats of non investors with "free" ballast rocks!!
$CGFIA
Don't worry about the numbers, I'm only at half the average. (and I thought I had a bigger boat!!)
Like they say, it's not about the size, it's what you do with it that counts!!
Where were you the last few days?
CGFIA closed at .0002 the last two trading days, News about the permit, the A/S total reduced, and already today we see a lot more variation in the price, and it is back to .0002.
If one only looks for one thing, that's probably all one will see. JMHO
$CGFIA
CGFIA "ARMADA" UPDATE!!!
Wuth approximately 160 people reporting their shares held in $CGFIA, The total so far is 6,881,055,033. That's 6.88 Billion shares, with an averaged holding just about 42 million per person.
If you wish to participate in our confidential survey, just click on this link:
https://www.surveymonkey.com/s/XZS5C33
and fill out a couple simple questions.
Why an "ARMADA"? Because everyone has a "boatload" of shares!!! It all depends on the size of your boat, but all size crafts are welcome!!
Thanks to all who have answered the survey so far.
Good Luck to all $CGFIA investors!!!
I'm sure anything can be arranged for you guys, but a motorcycle in the NYC area isn't a good idea. Too much traffic.
Catch a car into New Jersey, or better yet, fly into Las Vegas, direct flights are available from London or Germany. I can pick you up personally and we can get you a motorcycle here.
The ride to Colorado will be beautiful and lots less cars to dodge along the way.
Regarding the share count, if you need to add more, just go to the survey link and add the new shares. But just the new ones. (otherwise they will be counted twice.)
I will do an update in just a few minutes. Got to get to my PC. The phone is too difficult to pull up the totals on.
Be right back...
$CGFIA
No, Bid @ .0138, Ask @ .018