Colorado Goldfields Inc. (fka CGFI)

[golden grog]

Again, something is wrong here. There was only 1 million on the ask at 3:50 p.m. I put a purchase order in for the 1 million at .0002. It went through after about 30 seconds. The ask then reflected .0002 x 5000. It should have gone up to .0003, but did not. I then put an order in to purchase 100,000 at .0003. The order filled at .0002 for 5000 shares, and then a second order filled at .0002 for 95,000 shares. This tells me that whoever is running or setting the ask is not disclosing that there is an unlimited (apparently) amount of shares to be dumped at the ask behind the generic .0002 x 5000 when it is emptied out. The only reason behind such MM is that we are in an "accumulation period" and the stock is being artificially held down. Otherwise, it would bump up to the next tick when the ask is completely sold off. By the way, I own 166 million shares and have been following this stock for some time now. This stock is going to go up a little when the company is packaged up for sale (or the assets, etc.). Guyer's background is all about getting companies ready for a resale or takeover.