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Re: None

Tuesday, 11/15/2011 4:49:23 PM

Tuesday, November 15, 2011 4:49:23 PM

Post# of 67010
No. I am saying that there is absolutely no reason why this pps did not go to .0003 once the ask was taken out, and then again the entire ask taken out when it was .0002 x 5000 (and the order was put in for 100,000 shares at .0003). They (as in whomever controls this) will NOT let the price go up. It defies all logic, and rules of trading. That, coupled with the fact that someone actually sells 195 shares at .0001 for a gross gain of 19.5 cents, reflects an all out effort to keep the stock pps very, very low. That can only mean an "accumulation period" wherein the company and its professional hired to ensure the stock doesn't go wildly up, and then back to start point again, is controlled in an orderly fashion until a set time. Otherwise, the public would get hyped up on the stock, drive it through the roof, and watch it fall within days. Who would ever want to buy stock in that company again? No one. Just look back at the posts over the proceeding months when everyone went wild on this Board guessing that a permit is coming, or assay results are coming out. In the end, this stock will either go up very methodically, or it will result in a r/s. I don't know if you know this, but if you check out the ALTO stock board you will see that Lee Rice (who was an independent board member) was terminated in last few weeks. However, if you read the Alto board, and check out that stock, you will see that they have already announced a r/s a month ago. And, they have internal turmoil with board members, most notably, its largest shareholder who was out, and then back in. I see it as Rice (who is well respected) probably disagreeing with the direction of that company, and probably not wanting to get involved in running a company that way, and doing a r/s. One may consider it very positive for CGFIA shareholders. Anyway, I believe the price is being held down artificially for whomever to accumulate. There is over 1.3 billion shares waiting to be purchased at .0001. That is incredible considering it is approximately 1/6 of the outstanding shares (and it can be no worse than 1/15 of all shares both outstanding and authorized but not outstanding). What company have you seen where the entire shift of 1/6 is waiting to be purchased for a bargain price? That is either a lot of shareholders hoping to buy at a bargain price; or someone or some institution seeing the writing on the wall with this stock and coming in real big. And, if you were going to buy a lot of shares, wouldn't you want to buy them at the lowest possible price per share? Good luck.
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