Colorado Goldfields Inc. (fka CGFI)

[ficose]

Uh, isn't the Gold King located at Gladstone?



Think you might want to research a little more on those buildings. Hennis put another map of the area in this old 10K.

http://www.sec.gov/Archives/edgar/data/1344394/000095013408003886/d54537e10ksbza.htm

What's really interesting about this 10K is that it addresses the millions in private placement Hennis made - and the $8,000/mo salary he gave himself - this wasn't payable in locked up shares, like Guyer and Rice, but in cash.

In November 2007, we entered into private placement subscription agreements for 8,758,600 Units with 24 offshore subscribers and four U.S. subscribers at a price of US$0.375 per unit (US $0.75 per Unit before taking into effect our forward stock split of our authorized, issued and outstanding common stock as reported in our Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (“SEC”) on November 2, 2007), for an aggregate subscription amount of approximately US$3,284,500. Each Unit consisted of one share of common stock and one common stock purchase warrant, which warrant entitles the holder to purchase one additional share of our common stock at a price of US$0.50 per share (or US$1.00 pre-split), for a period of two years from the closing of the private placement. We did not use the services of a placement agent although we have paid a finder fee of $250,000 to a European company in connection with their introductions to offshore subscribers.

I believe by offshore it means the Netherlands. Huh, what do you know? There was plenty of cash when Hennis was CEO. Too bad the company didn't dump him then, instead of waiting until he'd blown the whole wad.

We can go on about Hennis vs Guyer all day. Unfortunately, evrything Guyer is accused of tends to be speculation - while the legal genius Hennis made sure his laundry was in pulic record.