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Civicbird

12/06/12 2:34 AM

#58908 RE: akgoldminor #58907

I'm just saying Spring at the latest. It would be nice if financing is established beforehand, though. I wish I could add at these levels......and it appears sub-penny levels may be on the horizon.(Quite a few here thought .10 and below wouldn't happen again) But I hope it's short-lived if we see those levels again. We really should be deep, deep in dollar range with what this company is potentially worth.(I wonder what the word on assays is)

ficose

12/06/12 9:55 AM

#58909 RE: akgoldminor #58907

Actually going there does give you a different perspective, eh AK?

One thing I can take away from the time spent on this ticker is I can pour through the SEC reports, search the internet for days, and listen to others opinions by reading thousands of posts - but in reality that equals about 10 minutes of standing at ground zero.

Yeah, it costs some time and money to travel, but it's not much compared to a sizable investment. If it only costs 2% or 3% of your total investment to fly out someplace for a couple days, why not? It helps when the company is located someplace unique, but I'm sure even a place like Norman, OK has something other than a company worth looking at. The actual visit only takes a few minutes and if you're going on vacation someplace anyway, making a short DD stop is something to do while the wife is out shopping.

I've done this with a few companies now and a good strategy before you go is to read though the 10Q's and PR's, take the message boards with a grain of salt, but still read them to see what people's fears are - and just go. I don't expect to see the CEO and ask hard hitting questions; usually there's someone there that can answer the basic questions. Mostly, I learn the most by just looking around. Are there a lot of empty desks? Do the people there work with a sense of urgency? Are the people willing to talk? (The talking part can be tough because of insider issues, but when I explain I'm just a curious investor I don't really need to ask questions - people tend to open up and talk shop. If they don't, then I wonder.) Generally, they will want to give you an investors packet, (or give you the email address for it).

A major thing this does is introduce yourself in a very personal way. It can be stressful for a company, trying to make a go of it, to talk to investors. Too formal and you will be read the 10Q. Kind of go in low key and you end up learning a little, but afterword having the ability to call up someone you've met is priceless.

Just something to think about before investing the cost of a new car into something you have no clue about.

M_T_Pockets

12/06/12 7:57 PM

#58927 RE: akgoldminor #58907

I'm having some difficulty with the grog mixture lately AK. It calls for 5 lbs. of ice. The ice maker on the refrigerator is broken, and I can't find the recipe for making ice!! (Anybody have the recipe?)

Oh, by the way, I just doubled my shares of CGFI. The opportunity is just too good to pass up. ;-)