Replies to post #61368 on Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Not sure how we would really now, but if those who were able to convert had sold all of their stock per the face value of their notes after 11/30 stock would probably be much lower IMO. what they need is volume, and they generally do not wish to own over 5% of the stock, so it isnt abnormal for them to space out their sales accordng to what volume is out there but of course they dont sit on stock.My point perhaps not clear that until the shares issued for services and the convertibles sold in absence of ositive news about the comany the rice will probably remain under pressure and decline. Does present a geat buying opportuntity for those who believe comany will be producing by September.

I still wonder how DTC chill effects all of these issues.

Called tradestation today , at least per person I spoke to they wouldnt allow shorting this stock.So my quest to find a brokerage firm that allows clients to short this stock continues !