I think the share structure will stabilize shortly. CGFI needs income, badly. The mill reopening, when AM03 is approved will provide that income. That is step one. The assay numbers for the mines that CGFI has leases on will provide the profits and projected value of the corporation. That is step 2.
Those assay results should make the O/S numbers a moot concern.
SilverWing mine has an historic silver value of $300 million.
Just take that figure and calculate the PPS on that figure alone. It should put the PPS @ .01-.02 range. (that's a 1000 bagger @1¢)
Figure the gold & copper as an unknown right now, but those assays will conservatively push this into the nickel range as a start. It could be substantially more.
These are just my calculations, and everyone should do their own. But this stock has outstanding possibilities.
Check the 10Q and look at the summary for the mines. I believe it outlines some of those figures. If not check the PRs.
Sorry I can't point you to more certain numbers right now. I'm on my iPhone and I need a microscope to read those reports on this screen.
Hope this helps.
MT
Don't take my word for it, Do your own research! Then you will know it's true!
