Colorado Goldfields Inc. (fka CGFI)

[museman]

Xineo, Some posters here have presented well thought out projections based on outstanding shares, assets and the price of gold. Most rational of the estimates are between 1 and 5 cents, not dollars. Optimistic projections call for 10 to 25 cents.
If gold were to go to 5000 in the next year as a couple of reputable gurus anticipate then $1 may be plausable.
But the company authorized 15 Billion shares and if they choose to "dilute" those shares into the outstanding float then the price will experience proportional downward pressure.
I am constantly accumulating shares because if the price goes to only a half a cent I'm going to be quite happy. Furthermore, the facts seem to indicate that the company is making headway through the red tape and will truly be a functioning mill and mining operation eventually