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I look for Halliburton to reach $80 plus in late June to early July as the price of oil continues to rise and supply of oil
starts to tighten up, plus the merger with Baker starts to take shape up for govt. approval.
I googled Lee R Rice obituary and it does show that Lee passed away on August 20, 2014. May he rest in peace and internal light shine upon him.
Not sure what if anything will come about of CGFI now.
Maybe a TV show like Gold Rush CGFI Colorado can happen. Maybe I'll pitch idea to a few folks I know in the TV industry. Wouldn't that be a hoot.
Does anyone on this board know a factual count on the number of shares outstanding? What ever happened to Slick Trade? That guy was a piece of work.
what is the actual number of outstanding shares as of today 8/22/2013
thanks
I am an investor, that is what I do for a living. I have made great gains on some investments and have lost on others. I made a choice to invest in CGFI four years ago. I hated the action of the reverse splits but I made a choice to leverage my positions where I can make a return despite the reverse splits. I never understood why people like a few on this message board continue waste their time posting on CGFI when they see nothing but failure and fraud. I have confidence that CGFI is starting to turn the corner and can make investors some money. My personal advice is to buy some shares if your in my camp on CGFI or move on to something that will make you some money if not. Time will tell who is right but I am putting money on myself as being correct. PPS will fluctuate near term but I see it hitting news highs very soon an upward trend as more news on the mill prep and permit approval happening.
To all who care to make money as an investor in CGFI hang in there.
like many of my fellow investors on this board, I am not real happy about the r/s's but I still have that ever so slight feeling of hope. It is still possible that CGFI can turn this into a great investment, they do have a great deal of undeveloped assets. We can trash these officers all we want but does that really do anyting for a return on investment. I am still backing the company and will continue to do so, I am a long term investor and until I sell my shares I haven't lost a dime. Good news from the company like mill opening, new stream of financing ect can drive the pps up to very nice pricing. It is possible. I liked todays annoucement of 135 more million in the ground. Just made the company worth more.
As I have said before I am an investor. That's what I do for a living. I understand the risks associated with investing. One investment took me over 30 years to make a million dollars on it.
I really don't believe CGFI is a scam or a sucker bet. I have my own reasons why. I am ready to take a fnancial hit on this investment while at the same time ready to make some nice gains.
As an investor I only point the finger at myself when things go south.
Hey Slicktrade, CGFI went to .0008 up .0003, I guess I'll stick my neck out and say CGFI hit it's bottom at .0005. If I am wrong I won't hide. I still say a positive annoucement from the company will drive the pps up back into the .05 to .10 before the r/s if it does happen.
I am trying to be positive about the reverse if it does happen. There is still plenty of potential with the assets CGFI ( mill, mines and minerals ) controls. If a reverse has to happen to get everything online, I can live with that because I know the value of the CGFI shares will increase in a very substantial way. It's a risk I am ready to except. I would like alot more transperacy
and more communication from the company but my gut feeling is a major announcement from CGFI is just around the corner. Call me a fool but I haven't sold one single share I have bought so at this point I have not lost anything unless I sell now. I am a long term investor and I still have faith in the company.
Reversal formula = 500 shares x 5000 shares = 25,000,000 shares = 1 share
Now my 5,000,000 shares after first reversal will be at 10,000 shares after second reversal
With a billion shares authorized. MY O MY
It's not my nature to give up so I'll hold my nose and root for the CGFI boys to get this business plan up and running and at least see a pps at a rate that still can make us some money as investors
It's like I told my son years ago when I took him to his first casino. The diffence between you and me son, is that I can afford to lose money but that doesn't mean I don't know when to stop makinf bad bets.
Where is bottom digger slicktrade?
The bid price on CGFI stock priced stayed above .oo4. That was encouraging after the stock price would be at .0045 and the bid was always at .0035 to .0036. I know it does not seem like much but this is how bullish runs start. It may well the shorties on CGFI will be losing out if this trend holds for tomorrow. Note,shorties may want to get out of their positions because the longies may well be going into a bull phase slowly but surely over the next month and then it may really starts a decent trend upward back around the pre split level.
Every time I go to a football game in Boulder (University of Colorado) there is a gentleman who stands on a soap box outside the stadium yelling over and over that the world will end tomorrow. He has a donation cup next to his feet.(always wondered if he spends all the donation money the same day if the world is ending tommorrow) He's been doing this routine for over 7 years. Just wondering if that gentleman might be posting here on the CGFI board.
According to a filing that just came out this morning a Norman Singer, listed as a director, acquired 5,000,000 shares on 2/15/2013 at a price of .03 per share. Interresting
It took me 30 years for my first major investment to pay off big time. I have been riding CGFI for 5 years. I am not happy this play has not paid off yet but a few key events can drive the stock higher over night. 62.5 oz of gold at $1600 an ounce would cost you $100,000. I'd rather own the gold mines with an estimated gold value in the 100's of millions. Think big, think optomistic and enjoy.
I recently retired from a major corporation that did exstensive marketing for their products. I do not believe the boys at CGFI are experts in marketing their company and know how to make a buzz for their products ( the Mill and the Minerals ) to increase stock price. A weekly communication from the company that keeps investors informed and in touch would be a great start. For now I am buying more shares and spreading the word about what can be a great company in CGFI
I recently retired from a major corporation that did exstensive marketing for their products. I do not believe the boys at CGFI are experts in marketing their company and know how to make a buzz for their products ( the Mill and the Minerals ) to increase stock price. A weekly communication from the company that keeps investors informed and in touch would be a great start. For now I am buying more shares and spreading the word about what can be a great company in CGFI