Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

There is no play to average down here. For old shareholders they will never recover their investment. For new shareholders company is on the same path ,the price will trend down until the next reverse split.

The company reported $500,000 plus in convertibels. Based on recent trends it will need another $400,000 in convertibles just to stay alive the next 12 months. It has a judgement against it if I understand correctly is being appealed and they may lose that too.So $900,0000 in convertibles that will hit and no reason to suppose result wont be the same as before.

No one has provided any logical probable path to success for this company. If someone makes a question, the question or the poster attacked, as opposed to logical response- can anyone show a track record of success by this CFO with this company since he has been CFO ? There are no reserves to mill even if mill by some miracle unkown in the annals of recent junior mine finance was repaired and permitted after raising $3 million. There is no ore, so what path to success is there ?