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LJ Silver

06/06/12 3:41 PM

#47299 RE: Tenured #47298

What was its share structure prior to its run? Larger, smaller or about same??? TIA
LJ

Borgon

06/06/12 4:22 PM

#47302 RE: Tenured #47298

POTG was a gigantic, epic, highly-coordinated pump and dump. It takes 100's of millions of dollars + enormous volume to make something like that happen and the hype has to be just right. Those POTG & LEXG type runs have also become fewer and further between. People have caught on and the runs die out too quickly now. Everybody's got itchy sell fingers. There's been a few of them, but not on that scale IMO.

CGFIA just doesn't fit into that mold of a company I could see that happening to. Most of those companies share structures were completely different. It would take something very serious with multiple month-long promotion companies to come anywhere even close to that. My guess is they'd take one look at CGFIA's share structure and move on.

I would not be using those examples as what CGFIA could realistically do. Could be wrong, just my opinion.

Civicbird

06/06/12 5:01 PM

#47303 RE: Tenured #47298

And CGFIA's hype is legitimate.......all the more reason I hope we can see those kinds of movements this year. But I hope a retirement of shares is looming; with only a faction of assays released yesterday, and more than anticipated, only a few million would buy up the entire structure.(If a buyout doesn't happen first) I hope the daytraders and MM's days are nearly up as well.