Replies to post #27207 on Colorado Goldfields Inc. (fka CGFI)

[M_T_Pockets]

True, I'm just going by the numbers we have right now.
If the PPS goes up before the sale, past history of his sales shows that he will probably only sell what he needs to make that $60k amount. (He does not have to sell it all.)
I'm guessing that $ amount may be his mortgage or taxes or other personal yearly requirement. The amount is consistent for the past 3 years.
Sorry that I don't have the SEC link, but if someone else has it, please post it. (In about an hour I'll be out of touch for the rest of the evening.) You'll see that historically it is more a matter of a dollar amount that the number of shares. After all, the man is paid in shares and like us all does have expenses.
JMHO (& hopefully accurate memory)