InvestorsHub Logo
Followers 10
Posts 1681
Boards Moderated 0
Alias Born 09/17/2010

Re: ficose post# 66859

Sunday, 01/11/2015 8:46:11 AM

Sunday, January 11, 2015 8:46:11 AM

Post# of 67010
Look at sec.gov under Colorado Goldfields. The SEC correspondence and company responses all there. SEC very clearly requested numerous changes to company disclosures, which company agreed to. CFO I lucky SEC didn't look closer at this company. A lot pretty basic stuff the CFO didn't ever seem to understand.

CFO trying to use NI43-101 "report" as promotional tool was another example- they never had a real NI43-101 report. SEC commented about use of "NI-43101" "report" as well.

What I find interesting is in face of all evidence to contrary how many shareholders continued to want to believe CFO's projections, or instead of judging CFO on results blamed everyone else but CFO. He may have some ability, but he was in over his head trying to run a company especially a public one.

Join the InvestorsHub Community

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.