Replies to post #1821 on Colorado Goldfields Inc. (fka CGFI)

[cleangold]

jenna36 husband/ are you kidding?....................
Penny stocks are huge risks that should only be invested with money you can walk away from and move on. If they are successful then you can be rich but the risk is also great.
If you are using a message board as your sole source of DD for investment advice you are in big trouble.
You have no one to blame but yourself if you lose money.
No one has to prove anything to you. Stop acting like a child and take responsibility for your actions, even if you think you were misled. That's part of investing in pennies. You should stay away from them if you think they even remotely resemble blue chips, where you can get all the answers you want with moderate risk.
If you sunk 30 large into this I can only assume it is a small percentage of your account or else it would be foolhardy.
If 1 in 10 pennies come in, that is a good percentage in this world.
I don't know if CGFIA will be successful or go out of business. What I do know is that MUSHROOMKING will not be responsible for my investment. I will.

[Lojiko]

On a less abrasive note than Mr. Lempo's post, I'm sorry that you and your family lost money in this venture. If you look around this board, I think you'll be hard pressed to find anyone who didn't lose money, myself included.

IMO, CGFI had tremendous potential going in to summer 2009. I oftentimes said summer 2009 will make or break this company. You see where we're at today.

I believe the future prospects for this company are grim. Management has failed to deliver on a number of promises. Although there is still some optimism in the ranks, I'm not encouraged about the future of this company based on past performance.

I understand your frustration regarding your partner's decision to invest in this stock. Though it may seem condescending on my part, I would strongly encourage you both to have greater transparency in each other's investment strategies to avoid these sorts of occurrences in the future.

In the end, we all invest with an intention to make money. All stocks involve some risk, some higher than others. I would suggest you talk to a licensed financial advisor and only invest as much as you're willing to lose ... it can happen to any stock. Diversification is key. Again, a licensed financial advisor is better than I at making suggestions appropriate to your family's needs.

I hope your experience with CGFI will be a learning experience and that you'll both talk more about how much to invest with which stock in the future. I wish you the best of luck.

[MUSHROOMKING]

To jenna's husband: I guess I could point out all the bad things that I would consider were you went wrong but each trader has a diffrent view of companies than the other. When I first looked at this company it was tradind in the .30 cent range I put it on the back burnner. When I re visited it it was way down around .0032 I put it on the front burnner and have been buting some more every time it sells off. I buy when every one is selling and I'll start selling when I think every one is buying. Now that being said when I get a brocher in the mail telling me that a company has found gold and a mill and will make millions if it dosen't go into the trash it goes onto the back burnner, and that is because everyone is buying and I have no position as of yet. When the feeding frinze is over I start looking for places to buy. It's hard to buy when a stock is dropping even more so when it's closing in on 0. I say get some books to read on trading and read for the winter trad on paper keep notes or better yet a jurnnel when you lose money write down what made the lose ocur and don't go out to dinner when you make money put that in the book and reward yourself by going out to dinner and in time you can train your brain to make the right buys and fewer of the wrong buys. Now had you been buying with your 30,000 down where it's at today you would not be so up set but be grinning. I have a penny stock that I did buy at 1.15 buy off the pump of a brocher it's trading at around .05 today I have had this pig for 5 years now and will keep it so I can look at it every day so as not to do the same thing again. I'am sorry that this lose is so painful but make it into a learning lession not a pain lession. There is so much risk here in the penny markets. Good luck in the future.

[Burkhard]

Sir, I can speak for many here since I have been moderator of this board for sometime now. First off I'm appalled at your reference to people here "being a part of this", not one person here forced, mislead or coerced you or your wife for making an investment. Second, no one needs to answer any of your questions, this board is for discussing CGFIA stock its up to you to do your own DD and form your own opinion before you buy or sell any stock and trying to blame others on this message board for your loss is wrong and the remarks of an amateur investor. Blame the company for your bad choice not regular people who have also lost money and are in the same situation as you.

Again, not one person here influenced/targeted or coerced your wife to buy or sell
any stock. Take your loss as it is, as we all are.

Have a Great Thanksgiving!!

GLA

Sieg