Colorado Goldfields Inc. (fka CGFI)

[lesgetrich]

Not Heartless - smart! Had they not done that and people weren't buying the price could be under $.005

We've all stated on this board that the company needs to raise money to fund restarting the mill. So why is anyone surprised that they are raising money? I'm just happy that they're trying to minimize the damage.

The pps right now is purely a function of supply and demand. Magna Group probably got a good discount on their shares and were able to turn around and sell them for a quick profit. Looks like they blew their supply wad today so now the demand can take over for a while.