It cant be both ways- that only factors outside of control of company blamed for the decline, and management never is considered responsible for anything !
However in response :
1. Yes mining stocks have hit pretty bad, look at blue chip silver stocks like HL and PAAS down 40% from 52 week highs, and some juniors probably down 80% or more.
-CGFI after doing 2 reverse splits,and now not trading, certainly did worse than its peers no ? As you bring it up isnt it fair to compare their performance to other juniors ?
2.Is not filing 8k's on material events, filing 8k's late, or being hyper promotional in press releases with non-sensical references to NI43-101 reports ,all signs of experienced and competent management ? Is it unfair to point out CFO seems to have made a poor situation even worse because of inexperience with mining sector and public companies ? CFO apparently couldnt read a few pages of SEC Guide 7.Yu may consider this just opinion, but 1manband showed pretty conclusively that at best CFO just totally inexperienced in this sector.
I quite agree no one could hold management of any junior company responsible for the decline in mining stocks overall the last 12 to 18 months.
I dont follow US Silver but since you brought up I just looked up the stock chart which shows a 52 week high of 2.11 and a low of .25, and a current price of $.50. This is an example to show on a comparitive basis the CFO of CGFI is doing no worse than anyone else ?
3 Then there is issue of DTC chill. While some state DTC was unreasonable for many chills,it seems legitamate companies get them off eventually. CGFI not only didnt but DTC then put a global lock on CGFI. Is it unfair to consider after all this time that management not responsible for clearing up this matter ?
