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That is one of the
most Entertaining posts I have ever seen here.
Kudo's, ficose.
The only problem I have with your logic is that the value is NOT intrinsic.
Garpa Industries became CGFI. They printed 97 million shares. They opened, back in 2004, at $.67 a share. Over the next 4 and a half years, the pps ran down to $.03! CGFI raised appx 20 million dollars.
In 2009, they became CGFI(A) and printed 5 billion more O/S, effectively burying the existing CGFI invester base.
Since 2009, they have sold the majority of those 5 billion shares and garnered another 10-15 million dollars of invester monies.
So,in the last 8 years, CGFI(A)has taken in 30 to 40 Million dollars.
The question becomes where are they after spending upwards of 40 million dollars of invester monies?
They have never produced anything. They have never created Income.
Most everything they claim to control is rented/leased/mortgaged/optioned.
My friend, you are in Pinkyland.
Do not ever forget that.
"Those who do not learn from history are doomed to repeat it"
A Reverse Split to
any company that produces no income, is the Kiss of Death to its Investers. Period.
Dont believe me. Call your Investment advisor.
CGFIA has NEVER produced income.
"one does not sell
a stock at near the all time lows if one thinks that there is upside in the near future."
You are correct.
UNLESS this isnt the Alltime Low.
The Reverse Split will come.
No matter what anyone says, you can absolutely bet on that.
The accolades fly
pretty easily around here when referring to Guyer or Rice.
Taking the pps from .65 to .0002, debt up the yang, printing shares like toilet paper.
Calling them slouches seems mild.
August 2011 - Certify the Mill for operation.
You talking about that Permit?
Well, lets see......
1.SEC lands in Lakewood and Silverton with guns drawn.
2.Steven Guyer is caught soliciting a cross-dressing transvestite in a gay bar in downtown Denver.
3. Locusts.
4.Lee rice announces he's an Alien from the planet Zortoff in the Andromeda galaxy here to enslave mankind.
5. Kids playing on the POW mill property accidently stick a pin in the building, and it deflates.
6. Company announces merger with Auto detailing business in Bangladesh.
Hows that for starters?
Theres no doubt
things will look very different this time next year.
The only question is whether you'll like the Difference.
Looks like the frenzy has subsided. Getting back to the slow descent into the abyss.
also, what does protraders post30275 mean?
Is cgfia going to be fully tradeable again or not?
I use TDA and they will only allow current holders the sale of cgfia. Its not really a problem for me as I will wait for the Reverse Split before buying more if at all.
Seems to be a
little slower today. Any News?
I see 0002 is becoming more popular as the days go on.
Maybe we should all "Slap the Ask"?
Whatya think?
It will run untill
the last available share has been dumped. Then a new storyline followed by the Reverse Split. Anyone currently invested, even at today's levels, will get buried. It's inevitable. The people running this, and those merging into it, have never produced income or product. They only sell stock to suckers who would buy it.
Sorry, With the
O/S fast approaching 10 Billion,
NOT a Chance!
They want in Low?
Would you kindly explain what "Low" is to you?
Let me tell you what "Low" is.
"Low" is what you'll get when the R/S comes.
And it has nothing to do with buyers of this stock.
You'll look back and wish you could get out at todays price.
btw, 12 out 13 of my miners are Up today.
Care to guess which one isnt?
lol
Obviously it means there is
a lot of attention on CGFIA!!
and NoBodies Buying!
What does that tell you?
This push should break 10 billion O/S.
"Train wrecks get a lot of attention as well"
LOL
There is nothing but
Dilution going on with cgfia.
The merger with American Sierra is fluff. Their Broke. Before they became a Precious metal Exploration company, AMNP was an Entertainment Company. It's like the marriage of 2 poor people.
I would prepare for 0000's, followed by a Reverse stock.
Should also be less liberal with accolades towards Cgfia management. Good managers dont run a company from .65 to .0002.
My Rottweiller(Butkus)could do that.
Do you realize that
at a $7.00pps this company would be worth more than Intel and Microsoft COMBINED?
Or are you talking AFTER the R/S?
In either case, you think you might want to revaluate just a bit?
All the talk
in the world wont change Anything.
A 7(probably more)billion share PinkSheet Float is virtually Impossible to beat.
0001 by eod.
0002 if your very lucky.
Nothing wrong with a little
"Sunshine"!
Another Big Dumps coming. Probably .0001 by eod.
But on a positve note:
Should be able to reach $.0004 after the upcoming Reverse Split.
Why would anyone want
to buy at the ASK when BID's are being filled?
That makes absolutely no sense.
Unless you enjoy throwing your money away?
Back to 0002.
Fun while it lasted.
Can you please post
the part about the Pride of the West mill opening.
I cant seem to find that anywhere in todays announcement.
tia
You will hear all
about momo(momentum).
They believe thats what will get this up.
What they dont understand is the Humungous Float this has.
With enough ask buying, it might touch 0004.
But not for long, and nobody will buy at that.
This will go to 0001 soon.
Especially with the way stock is being used to aquire more worthless properties.
August 2011 - Certify the Mill for operation
Pretty exciting.
I cant wait either.
WOW! this is Exciting!
bid .0002
Ask .0003
Lots of action today.
Any news about the Mill?
You may look forward
to the 10k. But EVERY TIME it comes out, PPS DROPS!
Look it up if you dont believe me.
You posted O/S as 6.2 billion, and the Float as 6.6 billion shares.
Are you aware that is IMPOSSIBLE?
Float CANNOT EXCEED Outstanding shares!
Ever.
Beverly Rich Quit last month.
You should try to post up-to-date information, otherwise you mislead.
I wouldnt call you a
bad influence.Youre either keeping track of future winnings or some big investment tax deductions. In any case, there's some value.
also, just realized I'd read one of Brendens posts last year. That makes me pretty up-to-date on what he's saying.
No argument there. eom
I take it that you
arent a Gambler.
Do any of those you mention
have 7 billion + O/S?
I respectfully disagree with you..
It does no good to have riches in the ground that cannot be reteived.
That's like saying "Slap the Ask" or "Get those .0006's before their gone".
Also, a R/S is virtually unavoidable at this point. Stock sales have been the sole source of revenue since inception. That has never changed. You cant sell something worth nothing and raise revenue.
I dont believe it is for any of the reasons you portend.
People just feel they've been Duped.
Cant say as I blame them.
I find it interesting how simple those 2 filings are.
Not many zero's either.
ficose, those are the
canned answers you and many have spewed for the last 4 years and before. That isnt what Im asking.
1.How many years cgfia has been pursuing productivity?
(the answer is a NUMBER)
2.Has it ever produced income(in 8 years)from anything besides stock sales?
(the answer is a simple YES or NO)
3.Also, why should next year be any different than previous years?
(this does require an Explanation)
I have only been here 2 days and allready feel the hostility.
The problem is I hear no answers. There is surely a lot of positivity.Everyone senses upcoming success. The problem being that was the feeling back in 2006,2007,2008,2009,2010 and Today!
I dont see these questions being very complex.
Personally I would like to know how you can hike the properties and meet with principles and yet not return with information that benefits\ Investers.
Why go in the first place?
Were you searching for Wooly Bears?
Could someone explain
how many years cgfia has been pursuing productivity?
Has it ever produced income from anything besides stock sales?
Also, why should next year be any different than previous years?
TIA
IMO,if cgfia can move forward and produce product,share price will begin to benefit.People talk about "Old Highs" as if they will be coming back. I dont believe that will ever happen with todays share structure.Old highs were back in the days of 100 million O/S. Those days are Long Gone.
I hope the upcoming 10Q doesnt contain more bad news regarding O/S.
Modrica, I am a member of both boards.
I dont favor either. I only want to know whatever is true regarding cgfia. I do know that some members of yahoo finance have had personal conversations with principles of cgfia. And some members here have been in contact also.
My observation, as academic as it is, is that yahoo is Extremely skeptical of cgfia. And Investers Hub is Extremely Positive.
My personal observation is, based on the current share price, this company is a hairs breath from disappearing. Some here post fantastic pps projections that have very little basis in the real world. 6 billion o/s backed up by 15 billion a/s does not bode well in a company that has never produced product or income in almost 8 years of existence.
I dont care one way or another regarding this altercation. I would love to see cgfia succeed. But they have done the opposite since inception.
From what I have seen, Investers hub calls it as they hope it will be. Yahoo Finance calls it the way it is. Accuracy is limited by the lack of "transparency". And that limits both sides.
In my humble opinion, there isnt that much difference between IHUB and YF. They simply approach from opposite angles.
Sorry for the long-winded response.
A post last week said he was in Silverton.
Thats alright 567
I want to be sure I have all ducks in a row, thats all.
btw, the previous Presidents name is Todd Hennis.
Some are saying Hennesey.
He is also the fellow in the CGFIA website moving Montage with the red jacket on.
Yes, Im aware of that.
However, since the company aquired rights to the POW mill, it has recieved an extension every December thereafter.
My question to 567tbd was How can it be stated the final payment will be made in december.
I understand what your saying.
But a more accurate response would seem to be"The Final payment is due in december 2011.
How are you able to say that?
Where did you get that information.
Or are you simply Postulating?