Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

I just cant understand why anyone would be surprised that the stock is under pressure and will continue to be under pressure, but those factors which make it a potentially excellent speculation havent changed. Unfortunately of course those who bought before the reverse split can only average down.

I dont know enough to judge whether they have handled the permit process as well as it could have been but it does seem to be progressing. Common sense looking at their financials and state of the market for junior mining equities should be enough for anyone to realize the tremendous challenges company faces. Obviously CFO has a tough job navigating with little cash to try to hold onto mill, get it operating, and re-negotiate mining deals.IMO they have serious problem with IR strategy.Common sense is a company with $5,000 in the bank will have difficuties !

Of course it wil have presure on the stock price these upcoming months !