Replies to post #58989 on Colorado Goldfields Inc. (fka CGFI)

[Civicbird]

I wonder what our value will be come Xmas.

[golden grog]

I couldn't agree more with you. I used to think the principals were looking out for their shareholders, but the R/S, and immediate increase to 1 billion shows us where we really stand in their eyes. Anyway, all the shareholders from the beginning of this company until the R/S represented roughly 5.8 million shares. Then add new shareholders to bring us up to about 7 million. And then, the company issues 42 million, or whatever, to an insider for the mine purchases that have yet to be announced as finalized but show up in A/S. And, where did they get the 3 million in cash to pay out on mine purchases? We are always in the dark, and we have been diluted into oblivion. The only saving grace will be when the flood of SEC, Finra, etc, complaints flood in from upset investors, and a class action ensues based upon what they have done, or have not done. Think of it this way - what company does a R/S, and then put the A/S so high that it actually causes the stock to dive to 3 cents in a matter of weeks. Do they like selling high volume at pennies, or a moderate volume at decent share price? IMO gg