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CIetus

03/04/10 4:06 PM

#57155 RE: Colorado1 #57129

I wouldn't be surprised if short interest stays pretty high on this one. The marketing done over the past few days to get interest up could be a ploy to raise the PPS before the 1 billion shares authorized last month are released to the public. As everyone familiar with the company knows, financing is still the major hurdle. Removing the stop sign and taking steps to financial transparency are nice, but this company needs cash. At this point I honestly think dilution would be the better play. If the company seriously thinks they're close to turning the corner, then gather the cash they can and pay off the loans with a profitable mine.