Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

How many shares outstanding this year ? I had forecast 200 to 250 million but considering recent price trends, and latest reported outstanding shares, I am thinking now maybe will be 250 to 300 million shares.

$.0034 X 50% = $.0017. If they raise another $250,000 during rest of 2014, that pushes them over 250 million shares.This doesnt count that shares may be issued for compensation and services.

Since I dont believe the marketing by silence is working or will work,nor do I now think mill will re-open at a profit this year, my opinion is there is a greater than 50% chance this forecast outstanding shares will be reached this year.

I hope for shareholders sake I am wrong, but absent information that would give more confidence they will meet objectives this is scenario I see. I could be very wrong though due to all the variables.Let's see what 10q says !