Replies to post #52557 on Colorado Goldfields Inc. (fka CGFI)

[M_T_Pockets]

We are in the same position, Markie. I started buying when the PPS was .0013. My average is now .000301, so I feel your pain.
In an exploration company, the share price won't reflect the true value of the company until they transition to a production status.
And yes, this company, in assets alone, is worth much more than $2.3 million. That is what makes this company a better risk than most. It is extremely undervalued. (And by the way, this is the reason the A/S was proposed to be raised to 60 billion. It will be used to ward off a hostile takeover by anyone with $3 million who wants a permitted mill in Colorado. A very cheap price if you calculate it. I do not think the extra shares will be used at all.)
We just passed a major milestone. Give it a little time to allow the market to realize the potential. Two days is a very short time to expect a small company such as CGFI to be noticed and attract larger investors. The chill by the DTCC isn't helping either.

$CGFIA