Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

interesting report, pretty slick. since i must assume as it was paid for company bears ultimately responsibility for data provided.

so if i understand this report we now have a revised forecast of when revenues will be generated, when profitability is projected, and if i understand report correctly company needs $11 million to achieve its business plans.

the report continues the fiction that there is a NI43-101 report ( which it states), and in another section that a NI43-101 compliant report. the report also gives values for metals in the ground without extraction costs. sec engineering office would have a field day with this report.

so fy 2015 new projection for profitability after raising $11 million.

if i understand correctly company paid $8,000 for this piece of marketing material, it is pretty slick.i have complained company hasnt updated their projections well at least they finally have.

same problems though exist with manner of disclosure.