Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Thanks for lengthy response. My prior questions the same(a) how many shares need to be issued to raise capital necessary to implement the business projections (b) do they still forsee no new convertible issued in 2013.

Without estimate of shares to be issued to raise capital required, hard to estimate projected EPS, also considering high salaries of management how that will be covered next 8 months.

Dont mean to be negative as I still think excellent speculation, but based on last years financials it seems management will not hesitate to issue convertibles this year. I am probably not the only one who expects the share count to exceed 100 million this year. But if management correct they will get traditonal financing, that could be a major plus for the company.But $1 million at $.05 would by itself be 20 million shares itself.